Milk production, per unit of GDP in Faroe Islands

Faroe Islands: Milk production, per unit of GDP was 0 tonnes per US$ of GDP in 2024. ▼ Falling

Latest (2024)
0 tonnes per US$ of GDP
Change on year
up 0.2%
World rank
141st
of 183 countries
All-time high
0 tonnes per US$ of GDP
in 2015
All-time low
0 tonnes per US$ of GDP
in 2023
Years of data
11
2014–2024

Milk production, per unit of GDP in Faroe Islands, 2014–2024

00002014201920242014: 0 tonnes per US$ of GDP2015: 0 tonnes per US$ of GDP2016: 0 tonnes per US$ of GDP2017: 0 tonnes per US$ of GDP2018: 0 tonnes per US$ of GDP2019: 0 tonnes per US$ of GDP2020: 0 tonnes per US$ of GDP2021: 0 tonnes per US$ of GDP2022: 0 tonnes per US$ of GDP2023: 0 tonnes per US$ of GDP2024: 0 tonnes per US$ of GDP

Source: Statizoid (derived). Measured in tonnes per US$ of GDP.

Analysis

In 2024, milk production, per unit of gdp in Faroe Islands stood at 0 tonnes per US$ of GDP.

Compared with earlier readings it is up 0.2% on the previous year and down 28.8% over ten years.

Over the whole period, milk production, per unit of gdp in Faroe Islands peaked at 0 tonnes per US$ of GDP in 2015 and was at its lowest, 0 tonnes per US$ of GDP, in 2023.

Faroe Islands ranks 141st of 183 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 11 years of available data.

Milk production, per unit of GDP in Faroe Islands, year by year

Annual values for Milk production, per unit of GDP in Faroe Islands, 2014 to 2024.
Year tonnes per US$ of GDP Change
2014 0 tonnes per US$ of GDP
2015 0 tonnes per US$ of GDP +18.6%
2016 0 tonnes per US$ of GDP -4.8%
2017 0 tonnes per US$ of GDP -10.2%
2018 0 tonnes per US$ of GDP -8.9%
2019 0 tonnes per US$ of GDP +0.4%
2020 0 tonnes per US$ of GDP -0.8%
2021 0 tonnes per US$ of GDP -9.1%
2022 0 tonnes per US$ of GDP -5.1%
2023 0 tonnes per US$ of GDP -10.5%
2024 0 tonnes per US$ of GDP +0.2%

Faroe Islands compared with similar countries

  • Faroe Islands's 0 tonnes per US$ of GDP is below the median for high income countries, which is 0 tonnes per US$ of GDP, 36% of the median. (61 countries reporting)
  • Faroe Islands's 0 tonnes per US$ of GDP is below the median for Europe & Central Asia, which is 0 tonnes per US$ of GDP, 15% of the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 0 tonnes per US$ of GDP 0 tonnes per US$ of GDP 0 tonnes per US$ of GDP 6
2020s 0 tonnes per US$ of GDP 0 tonnes per US$ of GDP 0 tonnes per US$ of GDP 5

Countries ranked near Faroe Islands

  1. 138 Panama 0 tonnes per US$ of GDP compare
  2. 139 Solomon Islands 0 tonnes per US$ of GDP compare
  3. 140 Botswana 0 tonnes per US$ of GDP compare
  4. 142 Japan 0 tonnes per US$ of GDP compare
  5. 143 Puerto Rico 0 tonnes per US$ of GDP compare
  6. 144 Liberia 0 tonnes per US$ of GDP compare

See the full ranking of 183 places →

More reference data data for Faroe Islands

All data for Faroe Islands →

Frequently asked questions

What is milk production, per unit of gdp in Faroe Islands?
Milk production, per unit of gdp in Faroe Islands was 0 tonnes per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest milk production, per unit of gdp recorded in Faroe Islands?
The highest recorded value was 0 tonnes per US$ of GDP in 2015.
What is the lowest milk production, per unit of gdp recorded in Faroe Islands?
The lowest recorded value was 0 tonnes per US$ of GDP in 2023.
How does Faroe Islands rank for milk production, per unit of gdp?
Faroe Islands ranks 141st out of 183 countries with data for 2024.
Is milk production, per unit of gdp rising or falling in Faroe Islands?
Over the last ten years it is down 28.8%. The long-run trend across the full record is falling.
Where does this Faroe Islands data come from?
The figures come from Statizoid (derived), published as part of Milk production, per unit of GDP. Statizoid updates them automatically from the source API.

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Milk production, per unit of GDP in Faroe Islands. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/milk-production-per-unit-of-gdp/faroe-islands/

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How this figure is calculated

Milk production divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Milk production ÷ GDP (current US$)

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
Milk production, per unit of GDP
Unit
tonnes per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
183 places, 9,952 data points, 1961–2024
Last refreshed

Milk production divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.