Iceland vs Italy: Value Added (Agriculture) — Value Standard Local Currency
Value Added (Agriculture) — Value Standard Local Currency over time
- Iceland
- Italy
How they compare
Italy currently reports 30,906 million SLC against 28,390 million SLC in Iceland, a difference of 2,516 million SLC.
That makes Italy's figure about 1.1 times Iceland's.
Across all 27 years both countries report, Italy has been ahead every year.
Iceland ranks 36th and Italy ranks 35th of 79 countries.
Italy has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Italy | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6,354 million SLC | 28,587 million SLC | 22,232 million SLC | Italy |
| 2000s | 10,392 million SLC | 28,669 million SLC | 18,277 million SLC | Italy |
| 2010s | 20,890 million SLC | 29,114 million SLC | 8,224 million SLC | Italy |
| 2020s | 24,875 million SLC | 30,211 million SLC | 5,336 million SLC | Italy |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher value added (agriculture) — value standard local currency, Iceland or Italy?
- Italy, at 30,906 million SLC against 28,390 million SLC in Iceland as of 2021.
- What is the difference in value added (agriculture) — value standard local currency between Iceland and Italy?
- 2,516 million SLC, with Italy ahead.
- How many years of comparable data are there for Iceland and Italy?
- 27 years are reported by both, from 1995 to 2021.
- How do Iceland and Italy rank globally for value added (agriculture) — value standard local currency?
- Iceland ranks 36th and Italy ranks 35th of 79 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Value Added (Agriculture) — Value Standard Local Currency. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).