Raw milk of cattle — Gross Production Value (constant 2014-2016) in Faroe Islands

Faroe Islands: Raw milk of cattle — Gross Production Value (constant 2014-2016) was 3.01 % change on previous year in 2024. ◆ Volatile

Latest (2024)
3.01 % change on previous year
Change on year
up 228.7%
World rank
45th
of 200 countries
All-time high
4.73 % change on previous year
in 2015
All-time low
-7.27 % change on previous year
in 2022
Years of data
10
2015–2024

Raw milk of cattle — Gross Production Value (constant 2014-2016) in Faroe Islands, 2015–2024

-7.5-5-2.502.552015201920242015: 4.7 % change on previous year2016: 4.1 % change on previous year2017: -4.9 % change on previous year2018: -2.5 % change on previous year2019: 2.9 % change on previous year2020: -0.664 % change on previous year2021: 2.8 % change on previous year2022: -7.3 % change on previous year2023: -2.3 % change on previous year2024: 3 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, raw milk of cattle — gross production value (constant 2014-2016) in Faroe Islands stood at 3.01 % change on previous year.

The figure is up 228.7% on the previous year and down 36.4% over ten years.

Over the whole period, raw milk of cattle — gross production value (constant 2014-2016) in Faroe Islands peaked at 4.73 % change on previous year in 2015 and was at its lowest, -7.27 % change on previous year, in 2022.

That places Faroe Islands 45th out of 200 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Raw milk of cattle — Gross Production Value (constant 2014-2016) in Faroe Islands, year by year

Annual values for Raw milk of cattle — Gross Production Value (constant 2014-2016 thousand I$), annual growth rate in Faroe Islands, 2015 to 2024.
Year % change on previous year Change
2015 4.73 % change on previous year —
2016 4.08 % change on previous year -13.8%
2017 -4.94 % change on previous year -221.2%
2018 -2.5 % change on previous year -49.3%
2019 2.89 % change on previous year -215.6%
2020 -0.6635 % change on previous year -122.9%
2021 2.77 % change on previous year -517.1%
2022 -7.27 % change on previous year -362.8%
2023 -2.34 % change on previous year -67.9%
2024 3.01 % change on previous year -228.7%

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.8507 % change on previous year -4.94 % change on previous year 4.73 % change on previous year 5
2020s -0.8997 % change on previous year -7.27 % change on previous year 3.01 % change on previous year 5

Countries ranked near Faroe Islands

  1. 42 Chile 3.4 % change on previous year compare
  2. 43 Chad 3.29 % change on previous year compare
  3. 44 Seychelles 3.08 % change on previous year compare
  4. 46 Ethiopia PDR 2.93 % change on previous year
  5. 47 Luxembourg 2.91 % change on previous year
  6. 48 Côte d'Ivoire 2.82 % change on previous year compare

See the full ranking of 230 places →

More agriculture & rural data for Faroe Islands

All data for Faroe Islands →

Frequently asked questions

What is raw milk of cattle — gross production value (constant 2014-2016) in Faroe Islands?
Raw milk of cattle — gross production value (constant 2014-2016) in Faroe Islands was 3.01 % change on previous year in 2024, according to Statizoid (derived).
What is the highest raw milk of cattle — gross production value (constant 2014-2016) recorded in Faroe Islands?
The highest recorded value was 4.73 % change on previous year in 2015.
What is the lowest raw milk of cattle — gross production value (constant 2014-2016) recorded in Faroe Islands?
The lowest recorded value was -7.27 % change on previous year in 2022.
How does Faroe Islands rank for raw milk of cattle — gross production value (constant 2014-2016)?
Faroe Islands ranks 45th out of 200 countries with data for 2024.
Is raw milk of cattle — gross production value (constant 2014-2016) rising or falling in Faroe Islands?
Over the last ten years it is down 36.4%. The long-run trend across the full record is volatile.
Where does this Faroe Islands data come from?
The figures come from Statizoid (derived), published as part of Raw milk of cattle — Gross Production Value (constant 2014-2016 thousand I$), annual growth rate. Statizoid updates them automatically from the source API.

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Raw milk of cattle — Gross Production Value (constant 2014-2016) in Faroe Islands. Statizoid, drawing on Statizoid (derived). Retrieved 27 September 2026, from https://agriculture.statizoid.com/stat/raw-milk-of-cattle-gross-production-value-constant-2014-2016-thousand-i-annual-growth-rate/faroe-islands/

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<a href="https://agriculture.statizoid.com/stat/raw-milk-of-cattle-gross-production-value-constant-2014-2016-thousand-i-annual-growth-rate/faroe-islands/">Raw milk of cattle — Gross Production Value (constant 2014-2016) in Faroe Islands</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Raw milk of cattle — Gross Production Value (constant 2014-2016 thousand I$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Raw milk of cattle — Gross Production Value (constant 2014-2016 thousand I$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
230 places, 12,766 data points, 1962–2024
Last refreshed

The year-on-year percentage change in Raw milk of cattle — Gross Production Value (constant 2014-2016 thousand I$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.