Faroe Islands FO: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing

Faroe Islands FO: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data was reported at 4,489.500 DKK mn in 2024. This records a decrease from the previous number of 4,823.600 DKK mn for 2023. Faroe Islands FO: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data is updated yearly, averaging 1,940.600 DKK mn from Dec 1998 (Median) to 2024, with 27 observations. The data reached an all-time high of 4,823.600 DKK mn in 2023 and a record low of 1,187.900 DKK mn in 2003. Faroe Islands FO: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Faroe Islands – Table FO.World Bank.WDI: Gross Domestic Product: Nominal. Agriculture, forestry, and fishing corresponds to ISIC (Rev. 4) divisions 01-03 and includes the exploitation of vegetal and animal natural resources, comprising the activities of growing of crops, raising and breeding of animals, harvesting of timber and other plants, animals or animal products from a farm or their natural habitats.Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;

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What was Faroe Islands's Faroe Islands FO: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing in 2023?

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