Faroe Islands Agriculture Value Added

Faroe Islands’ agriculture value added has risen modestly over the 28‑year series, moving from 17.94 in 1998 to 18.57 in 2025, placing the economy at rank 39 globally. The indicator reached its all‑time high of 19.41 in 2016 before falling to a trough of 9.52 during the 2008 global financial crisis, after which a gradual recovery is evident. Compared with peers of similar rank, the Marshall Islands recorded 18.82 and Tonga 18.16 in the most recent year, indicating that Faroe Islands’ performance is broadly in line with other small, island economies that rely on niche agricultural sectors. The post‑crisis rebound suggests that resilience to external shocks, coupled with targeted subsidies for fisheries‑linked farming, has helped sustain modest growth. Continued investment in climate‑adapted practices and diversification of high‑value products will be critical to maintain the upward trajectory and mitigate the risk of future downturns.