(measure: billion U.S. dollars; Source: The World Bank)
* indicates monthly or quarterly data series
Faroe Islands: Agriculture value added, billion USD
For that indicator, we provide data for the Faroe Islands from 1998 to 2017. The average value for the Faroe Islands during that period was 0.3 billion U.S. dollars with a minimum of 0.18 billion U.S. dollars in 1999 and a maximum of 0.56 billion U.S. dollars in 2016.
The latest value from 2017 is 0.55 billion U.S. dollars. For comparison, the world average in 2017 based on 175
countries is 18.39 billion U.S. dollars.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Definition: Agriculture corresponds to International Standard Industrial Classification (ISIC) divisions 1-5, while the origin of value added is determined by the ISIC, revision 3. Agriculture value added is the net output of the agriculture sector, including forestry, hunting and fishing, and cultivation of crops and livestock production, after adding up all outputs and subtracting intermediate inputs. Deductions for depreciation of fabricated assets and depletion and degradation of natural resources are not included in the calculation. Values are in billion U.S. dollars.