Sustainable fisheries as a proportion of gross domestic product in Faroe Islands
Faroe Islands: Sustainable fisheries as a proportion of gross domestic product was 12.3% in 2023. ▲ Rising
Sustainable fisheries as a proportion of gross domestic product in Faroe Islands, 2011–2023
Source: Food and Agriculture Organization of the United Nations – processed by Our World in Data. Measured in %.
Analysis
In 2023, sustainable fisheries as a proportion of gross domestic product in Faroe Islands stood at 12.3%.
Compared with earlier readings it is up 37.3% on the previous year and up 22.4% over ten years.
Over the whole period, sustainable fisheries as a proportion of gross domestic product in Faroe Islands peaked at 12.7% in 2017 and was at its lowest, 9.0%, in 2021.
That places Faroe Islands 1st out of 124 countries with data for 2023, putting it in the top 10%.
Sustainable fisheries as a proportion of gross domestic product in Faroe Islands, year by year
| Year | % | Change |
|---|---|---|
| 2011 | 10.4% | — |
| 2013 | 10.1% | -3.5% |
| 2015 | 10.1% | +0.1% |
| 2017 | 12.7% | +26.0% |
| 2019 | 10.8% | -14.7% |
| 2021 | 9.0% | -17.1% |
| 2023 | 12.3% | +37.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 10.8% | 10.1% | 12.7% | 5 |
| 2020s | 10.6% | 9.0% | 12.3% | 2 |
Countries ranked near Faroe Islands
- 2 Greenland 10.9% compare
- 3 Micronesia, Federated States of 9.6% compare
- 4 Marshall Islands 7.9% compare
More agriculture & rural data for Faroe Islands
- Rural population growth 0.1% (2025)
- Agriculture, forestry, and fishing, value added (current US$), annual -6.99 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current US$), per 0.1607 current US$ per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added 651.17 million current US$ (2024)
- Agriculture, forestry, and fishing, value added 16.1% (2024)
- Rural population 33,136 (2025)
- Agricultural raw materials exports 1.7% (2009)
- Rural population, annual growth rate 0.0936 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 11,918 current US$ per person (2024)
- Rural population, per unit of GDP 0 units per US$ of GDP (2024)
Frequently asked questions
- What is sustainable fisheries as a proportion of gross domestic product in Faroe Islands?
- Sustainable fisheries as a proportion of gross domestic product in Faroe Islands was 12.3% in 2023, according to Food and Agriculture Organization of the United Nations – processed by Our World in Data.
- What is the highest sustainable fisheries as a proportion of gross domestic product recorded in Faroe Islands?
- The highest recorded value was 12.7% in 2017.
- What is the lowest sustainable fisheries as a proportion of gross domestic product recorded in Faroe Islands?
- The lowest recorded value was 9.0% in 2021.
- How does Faroe Islands rank for sustainable fisheries as a proportion of gross domestic product?
- Faroe Islands ranks 1st out of 124 countries with data for 2023.
- Is sustainable fisheries as a proportion of gross domestic product rising or falling in Faroe Islands?
- Over the last ten years it is up 22.4%. The long-run trend across the full record is rising.
- Where does this Faroe Islands data come from?
- The figures come from Food and Agriculture Organization of the United Nations – processed by Our World in Data, published as part of Sustainable fisheries as a proportion of gross domestic product. Statizoid updates them automatically from the source API.
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About this data
Sustainable fisheries as a proportion of GDP.