Agriculture share of GDP in the Faroe Islands in 2024 — 16.1%. Ranked 47 in the world out of 187. Since 1998, the indicator has fallen by 1.9 pp.
1998–2024 · % of GDP
How the value compares with the world and the groups this territory belongs to: Faroe Islands
| Year | % | Change, pp |
|---|---|---|
| 2024 | 16.1 | −1.7 pp |
| 2023 | 17.8 | −1 pp |
| 2022 | 18.7 | +4.5 pp |
| 2021 | 14.2 | +0.5 pp |
| 2020 | 13.7 | −3.3 pp |
| 2019 | 17.1 | +0.7 pp |
| 2018 | 16.3 | −1.7 pp |
| 2017 | 18 | −1.4 pp |
| 2016 | 19.4 | +3.7 pp |
| 2015 | 15.7 | +0.7 pp |
| 2014 | 15 | +0.2 pp |
| 2013 | 14.8 | +2.6 pp |
| 2012 | 12.2 | −2.2 pp |
| 2011 | 14.4 | −0.4 pp |
| 2010 | 14.8 | +4.8 pp |
| 2009 | 10 | +0.5 pp |
| 2008 | 9.5 | −2.9 pp |
| 2007 | 12.4 | −1.4 pp |
| 2006 | 13.8 | +2.2 pp |
| 2005 | 11.5 | −0.3 pp |
| 2004 | 11.9 | −0.1 pp |
| 2003 | 12 | −3.4 pp |
| 2002 | 15.4 | −2.5 pp |
| 2001 | 18 | −0 pp |
| 2000 | 18 | +1.9 pp |
| 1999 | 16.1 | −1.8 pp |
| 1998 | 17.9 | — |
The same indicator for neighboring countries — with links to their pages
The share of value added by agriculture, forestry, hunting and fishing in GDP. It is one of the most reliable indicators of the level of economic development: in low-income countries the sector delivers a quarter of GDP or more, in high-income ones usually less than 2%, even though the physical volume of output there can be far larger.
Source: World Development Indicators (World Bank), license CC BY 4.0.
