Agricultural output in Iceland

Iceland: Agricultural output was 263.65 million constant 2014-2016 US$ in 2024. ▲ Rising

Latest (2024)
263.65 million constant 2014-2016 US$
Change on year
down 0.1%
World rank
138th
of 159 countries
All-time high
274.88 million constant 2014-2016 US$
in 2017
All-time low
162.32 million constant 2014-2016 US$
in 1970
Years of data
64
1961–2024

Agricultural output in Iceland, 1961–2024

0100.0M200.0M300.0M196119922024

Source: Food and Agriculture Organization of the United Nations (2026) – with major processing by Our World in Data. Measured in constant 2014-2016 US$.

Analysis

In 2024, agricultural output in Iceland stood at 263.65 million constant 2014-2016 US$.

That represents a change of down 0.1% on the previous year and up 8.3% over ten years.

Over the whole period, agricultural output in Iceland peaked at 274.88 million constant 2014-2016 US$ in 2017 and was at its lowest, 162.32 million constant 2014-2016 US$, in 1970.

That places Iceland 138th out of 159 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 64 years of available data.

Agricultural output in Iceland, year by year

Annual values for Agricultural output in Iceland, 1961 to 2024.
Year constant 2014-2016 US$ Change
1961 167.32 million constant 2014-2016 US$ —
1962 172.57 million constant 2014-2016 US$ +3.1%
1963 169.86 million constant 2014-2016 US$ -1.6%
1964 168.25 million constant 2014-2016 US$ -0.9%
1965 180.45 million constant 2014-2016 US$ +7.2%
1966 169.28 million constant 2014-2016 US$ -6.2%
1967 179.04 million constant 2014-2016 US$ +5.8%
1968 169.06 million constant 2014-2016 US$ -5.6%
1969 165.14 million constant 2014-2016 US$ -2.3%
1970 162.32 million constant 2014-2016 US$ -1.7%
1971 167.05 million constant 2014-2016 US$ +2.9%
1972 174.82 million constant 2014-2016 US$ +4.6%
1973 180.65 million constant 2014-2016 US$ +3.3%
1974 193.09 million constant 2014-2016 US$ +6.9%
1975 191.20 million constant 2014-2016 US$ -1.0%
1976 189.29 million constant 2014-2016 US$ -1.0%
1977 192.81 million constant 2014-2016 US$ +1.9%
1978 207.66 million constant 2014-2016 US$ +7.7%
1979 204.66 million constant 2014-2016 US$ -1.4%
1980 195.36 million constant 2014-2016 US$ -4.5%
1981 193.15 million constant 2014-2016 US$ -1.1%
1982 194.58 million constant 2014-2016 US$ +0.7%
1983 187.42 million constant 2014-2016 US$ -3.7%
1984 200.01 million constant 2014-2016 US$ +6.7%
1985 201.41 million constant 2014-2016 US$ +0.7%
1986 209.96 million constant 2014-2016 US$ +4.2%
1987 202.58 million constant 2014-2016 US$ -3.5%
1988 178.63 million constant 2014-2016 US$ -11.8%
1989 167.88 million constant 2014-2016 US$ -6.0%
1990 169.04 million constant 2014-2016 US$ +0.7%
1991 179.88 million constant 2014-2016 US$ +6.4%
1992 173.18 million constant 2014-2016 US$ -3.7%
1993 164.68 million constant 2014-2016 US$ -4.9%
1994 171.69 million constant 2014-2016 US$ +4.3%
1995 167.23 million constant 2014-2016 US$ -2.6%
1996 169.95 million constant 2014-2016 US$ +1.6%
1997 169.82 million constant 2014-2016 US$ -0.1%
1998 177.78 million constant 2014-2016 US$ +4.7%
1999 182.40 million constant 2014-2016 US$ +2.6%
2000 191.57 million constant 2014-2016 US$ +5.0%
2001 195.34 million constant 2014-2016 US$ +2.0%
2002 196.10 million constant 2014-2016 US$ +0.4%
2003 202.00 million constant 2014-2016 US$ +3.0%
2004 205.17 million constant 2014-2016 US$ +1.6%
2005 206.96 million constant 2014-2016 US$ +0.9%
2006 215.64 million constant 2014-2016 US$ +4.2%
2007 228.19 million constant 2014-2016 US$ +5.8%
2008 231.69 million constant 2014-2016 US$ +1.5%
2009 227.77 million constant 2014-2016 US$ -1.7%
2010 228.28 million constant 2014-2016 US$ +0.2%
2011 230.89 million constant 2014-2016 US$ +1.1%
2012 238.43 million constant 2014-2016 US$ +3.3%
2013 231.25 million constant 2014-2016 US$ -3.0%
2014 243.35 million constant 2014-2016 US$ +5.2%
2015 256.62 million constant 2014-2016 US$ +5.5%
2016 267.22 million constant 2014-2016 US$ +4.1%
2017 274.88 million constant 2014-2016 US$ +2.9%
2018 272.02 million constant 2014-2016 US$ -1.0%
2019 274.80 million constant 2014-2016 US$ +1.0%
2020 266.74 million constant 2014-2016 US$ -2.9%
2021 263.75 million constant 2014-2016 US$ -1.1%
2022 261.80 million constant 2014-2016 US$ -0.7%
2023 263.97 million constant 2014-2016 US$ +0.8%
2024 263.65 million constant 2014-2016 US$ -0.1%

Iceland compared with similar countries

  • Iceland's 263.65 million constant 2014-2016 US$ is below the median for high income countries, which is 4.47 billion constant 2014-2016 US$, 6% of the median. (58 countries reporting)
  • Iceland's 263.65 million constant 2014-2016 US$ is below the median for Europe & Central Asia, which is 4.92 billion constant 2014-2016 US$, 5% of the median. (46 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 171.22 million constant 2014-2016 US$ 165.14 million constant 2014-2016 US$ 180.45 million constant 2014-2016 US$ 9
1970s 186.36 million constant 2014-2016 US$ 162.32 million constant 2014-2016 US$ 207.66 million constant 2014-2016 US$ 10
1980s 193.10 million constant 2014-2016 US$ 167.88 million constant 2014-2016 US$ 209.96 million constant 2014-2016 US$ 10
1990s 172.57 million constant 2014-2016 US$ 164.68 million constant 2014-2016 US$ 182.40 million constant 2014-2016 US$ 10
2000s 210.04 million constant 2014-2016 US$ 191.57 million constant 2014-2016 US$ 231.69 million constant 2014-2016 US$ 10
2010s 251.77 million constant 2014-2016 US$ 228.28 million constant 2014-2016 US$ 274.88 million constant 2014-2016 US$ 10
2020s 263.98 million constant 2014-2016 US$ 261.80 million constant 2014-2016 US$ 266.74 million constant 2014-2016 US$ 5

Countries ranked near Iceland

  1. 135 Trinidad and Tobago 289.65 million constant 2014-2016 US$ compare
  2. 136 Kuwait 272.29 million constant 2014-2016 US$ compare
  3. 137 Belize 265.52 million constant 2014-2016 US$ compare
  4. 139 Bhutan 223.07 million constant 2014-2016 US$ compare
  5. 140 Brunei 207.32 million constant 2014-2016 US$ compare
  6. 141 Suriname 171.72 million constant 2014-2016 US$ compare

See the full ranking of 159 places →

More agriculture & rural data for Iceland

All data for Iceland →

Frequently asked questions

What is agricultural output in Iceland?
Agricultural output in Iceland was 263.65 million constant 2014-2016 US$ in 2024, according to Food and Agriculture Organization of the United Nations (2026) – with major processing by Our World in Data.
What is the highest agricultural output recorded in Iceland?
The highest recorded value was 274.88 million constant 2014-2016 US$ in 2017.
What is the lowest agricultural output recorded in Iceland?
The lowest recorded value was 162.32 million constant 2014-2016 US$ in 1970.
How does Iceland rank for agricultural output?
Iceland ranks 138th out of 159 countries with data for 2024.
Is agricultural output rising or falling in Iceland?
Over the last ten years it is up 8.3%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Food and Agriculture Organization of the United Nations (2026) – with major processing by Our World in Data, published as part of Agricultural output. Statizoid updates them automatically from the source API.

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Agricultural output in Iceland. Statizoid, drawing on Food and Agriculture Organization of the United Nations (2026) – with major processing by Our World in Data. Retrieved 10 October 2026, from https://agriculture.statizoid.com/stat/agricultural-output-dollars/iceland/

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About this data

Indicator
Agricultural output
Unit
constant 2014-2016 US$
Source
Food and Agriculture Organization of the United Nations (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
159 places, 9,102 data points, 1961–2024
Last refreshed

Total agricultural output is the sum of crop and livestock products. This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in living costs between countries.