Faroe Islands FO: GDP: % of GDP: Gross Value Added: Agriculture, Forestry, and Fishing

Faroe Islands FO: GDP: % of GDP: Gross Value Added: Agriculture, Forestry, and Fishing data was reported at 18.675 % in 2022. This records an increase from the previous number of 14.234 % for 2021. Faroe Islands FO: GDP: % of GDP: Gross Value Added: Agriculture, Forestry, and Fishing data is updated yearly, averaging 14.814 % from Dec 1998 (Median) to 2022, with 25 observations. The data reached an all-time high of 19.411 % in 2016 and a record low of 9.517 % in 2008. Faroe Islands FO: GDP: % of GDP: Gross Value Added: 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: Share of GDP. Agriculture, forestry, and fishing corresponds to ISIC divisions 1-3 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4. Note: For VAB countries, gross value added at factor cost is used as the denominator.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.

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What was Faroe Islands's Faroe Islands FO: GDP: % of GDP: Gross Value Added: Agriculture, Forestry, and Fishing in 2022?

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