What is agricultural output, per unit of gdp in Iceland?

Agricultural output, per unit of gdp in Iceland was 0.0079 constant 2014-2016 US$ per US$ of GDP in 2024, according to Statizoid (derived).

What is the highest agricultural output, per unit of gdp recorded in Iceland?

The highest recorded value was 0.6274 constant 2014-2016 US$ per US$ of GDP in 1961.

What is the lowest agricultural output, per unit of gdp recorded in Iceland?

The lowest recorded value was 0.0079 constant 2014-2016 US$ per US$ of GDP in 2024.

How does Iceland rank for agricultural output, per unit of gdp?

Iceland ranks 144th out of 158 countries with data for 2024.

Is agricultural output, per unit of gdp rising or falling in Iceland?

Over the last ten years it is down 41.1%. The long-run trend across the full record is volatile.

Where does this Iceland data come from?

The figures come from Statizoid (derived), published as part of Agricultural output, per unit of GDP. Statizoid updates them automatically from the source API.

Agricultural output, per unit of GDP in Iceland

Name: Agricultural output, per unit of GDP in Iceland
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Iceland: Agricultural output, per unit of GDP was 0.0079 constant 2014-2016 US$ per US$ of GDP in 2024. ◆ Volatile

Latest (2024)

0.0079 constant 2014-2016 US$ per US$ of GDP

Change on year

down 4.6%

World rank

144th

of 158 countries

All-time high

0.6274 constant 2014-2016 US$ per US$ of GDP

in 1961

All-time low

0.0079 constant 2014-2016 US$ per US$ of GDP

in 2024

Years of data

1961–2024

Agricultural output, per unit of GDP in Iceland, 1961–2024

Source: Statizoid (derived). Measured in constant 2014-2016 US$ per US$ of GDP.

Analysis

Iceland recorded 0.0079 constant 2014-2016 US$ per US$ of GDP for agricultural output, per unit of gdp in 2024. That is the lowest value across all 64 years on record.

Compared with earlier readings it is down 4.6% on the previous year and down 41.1% over ten years.

Over the whole period, agricultural output, per unit of gdp in Iceland peaked at 0.6274 constant 2014-2016 US$ per US$ of GDP in 1961 and was at its lowest, 0.0079 constant 2014-2016 US$ per US$ of GDP, in 2024.

That places Iceland 144th out of 158 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Agricultural output, per unit of GDP in Iceland, year by year

Annual values for Agricultural output, per unit of GDP in Iceland, 1961 to 2024.
Year	constant 2014-2016 US$ per US$ of GDP	Change
1961	0.6274 constant 2014-2016 US$ per US$ of GDP	—
1962	0.5766 constant 2014-2016 US$ per US$ of GDP	-8.1%
1963	0.4755 constant 2014-2016 US$ per US$ of GDP	-17.5%
1964	0.3688 constant 2014-2016 US$ per US$ of GDP	-22.4%
1965	0.328 constant 2014-2016 US$ per US$ of GDP	-11.1%
1966	0.2562 constant 2014-2016 US$ per US$ of GDP	-21.9%
1967	0.2743 constant 2014-2016 US$ per US$ of GDP	+7.1%
1968	0.3392 constant 2014-2016 US$ per US$ of GDP	+23.7%
1969	0.3791 constant 2014-2016 US$ per US$ of GDP	+11.7%
1970	0.2978 constant 2014-2016 US$ per US$ of GDP	-21.4%
1971	0.2408 constant 2014-2016 US$ per US$ of GDP	-19.1%
1972	0.2012 constant 2014-2016 US$ per US$ of GDP	-16.5%
1973	0.1512 constant 2014-2016 US$ per US$ of GDP	-24.8%
1974	0.1231 constant 2014-2016 US$ per US$ of GDP	-18.6%
1975	0.1313 constant 2014-2016 US$ per US$ of GDP	+6.6%
1976	0.1096 constant 2014-2016 US$ per US$ of GDP	-16.6%
1977	0.0844 constant 2014-2016 US$ per US$ of GDP	-23.0%
1978	0.0799 constant 2014-2016 US$ per US$ of GDP	-5.3%
1979	0.0693 constant 2014-2016 US$ per US$ of GDP	-13.2%
1980	0.0558 constant 2014-2016 US$ per US$ of GDP	-19.4%
1981	0.0534 constant 2014-2016 US$ per US$ of GDP	-4.3%
1982	0.0586 constant 2014-2016 US$ per US$ of GDP	+9.7%
1983	0.0655 constant 2014-2016 US$ per US$ of GDP	+11.7%
1984	0.0675 constant 2014-2016 US$ per US$ of GDP	+3.0%
1985	0.0652 constant 2014-2016 US$ per US$ of GDP	-3.3%
1986	0.0508 constant 2014-2016 US$ per US$ of GDP	-22.0%
1987	0.0355 constant 2014-2016 US$ per US$ of GDP	-30.3%
1988	0.0283 constant 2014-2016 US$ per US$ of GDP	-20.3%
1989	0.0286 constant 2014-2016 US$ per US$ of GDP	+1.2%
1990	0.0252 constant 2014-2016 US$ per US$ of GDP	-11.7%
1991	0.0252 constant 2014-2016 US$ per US$ of GDP	-0.4%
1992	0.0236 constant 2014-2016 US$ per US$ of GDP	-6.1%
1993	0.0256 constant 2014-2016 US$ per US$ of GDP	+8.3%
1994	0.026 constant 2014-2016 US$ per US$ of GDP	+1.5%
1995	0.0227 constant 2014-2016 US$ per US$ of GDP	-12.6%
1996	0.0221 constant 2014-2016 US$ per US$ of GDP	-2.5%
1997	0.022 constant 2014-2016 US$ per US$ of GDP	-0.5%
1998	0.0206 constant 2014-2016 US$ per US$ of GDP	-6.5%
1999	0.02 constant 2014-2016 US$ per US$ of GDP	-2.7%
2000	0.021 constant 2014-2016 US$ per US$ of GDP	+4.7%
2001	0.0235 constant 2014-2016 US$ per US$ of GDP	+12.0%
2002	0.0208 constant 2014-2016 US$ per US$ of GDP	-11.3%
2003	0.0175 constant 2014-2016 US$ per US$ of GDP	-16.1%
2004	0.0147 constant 2014-2016 US$ per US$ of GDP	-15.9%
2005	0.0121 constant 2014-2016 US$ per US$ of GDP	-17.8%
2006	0.0122 constant 2014-2016 US$ per US$ of GDP	+1.1%
2007	0.0104 constant 2014-2016 US$ per US$ of GDP	-14.8%
2008	0.0127 constant 2014-2016 US$ per US$ of GDP	+22.2%
2009	0.0172 constant 2014-2016 US$ per US$ of GDP	+35.8%
2010	0.0164 constant 2014-2016 US$ per US$ of GDP	-4.9%
2011	0.015 constant 2014-2016 US$ per US$ of GDP	-8.5%
2012	0.016 constant 2014-2016 US$ per US$ of GDP	+6.4%
2013	0.0142 constant 2014-2016 US$ per US$ of GDP	-10.8%
2014	0.0135 constant 2014-2016 US$ per US$ of GDP	-5.3%
2015	0.0145 constant 2014-2016 US$ per US$ of GDP	+7.5%
2016	0.0127 constant 2014-2016 US$ per US$ of GDP	-12.6%
2017	0.011 constant 2014-2016 US$ per US$ of GDP	-13.5%
2018	0.0102 constant 2014-2016 US$ per US$ of GDP	-7.0%
2019	0.011 constant 2014-2016 US$ per US$ of GDP	+7.9%
2020	0.0121 constant 2014-2016 US$ per US$ of GDP	+10.1%
2021	0.0101 constant 2014-2016 US$ per US$ of GDP	-17.0%
2022	0.009 constant 2014-2016 US$ per US$ of GDP	-10.7%
2023	0.0083 constant 2014-2016 US$ per US$ of GDP	-7.2%
2024	0.0079 constant 2014-2016 US$ per US$ of GDP	-4.6%

Iceland compared with similar countries

Iceland's 0.0079 constant 2014-2016 US$ per US$ of GDP is below the median for high income countries, which is 0.0144 constant 2014-2016 US$ per US$ of GDP, 55% of the median. (58 countries reporting)
Iceland's 0.0079 constant 2014-2016 US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.0279 constant 2014-2016 US$ per US$ of GDP, 28% of the median. (46 countries reporting)

Averages by decade

Decade	Average	Lowest	Highest	Years
1960s	0.4028 constant 2014-2016 US$ per US$ of GDP	0.2562 constant 2014-2016 US$ per US$ of GDP	0.6274 constant 2014-2016 US$ per US$ of GDP	9
1970s	0.1489 constant 2014-2016 US$ per US$ of GDP	0.0693 constant 2014-2016 US$ per US$ of GDP	0.2978 constant 2014-2016 US$ per US$ of GDP	10
1980s	0.0509 constant 2014-2016 US$ per US$ of GDP	0.0283 constant 2014-2016 US$ per US$ of GDP	0.0675 constant 2014-2016 US$ per US$ of GDP	10
1990s	0.0233 constant 2014-2016 US$ per US$ of GDP	0.02 constant 2014-2016 US$ per US$ of GDP	0.026 constant 2014-2016 US$ per US$ of GDP	10
2000s	0.0162 constant 2014-2016 US$ per US$ of GDP	0.0104 constant 2014-2016 US$ per US$ of GDP	0.0235 constant 2014-2016 US$ per US$ of GDP	10
2010s	0.0134 constant 2014-2016 US$ per US$ of GDP	0.0102 constant 2014-2016 US$ per US$ of GDP	0.0164 constant 2014-2016 US$ per US$ of GDP	10
2020s	0.0095 constant 2014-2016 US$ per US$ of GDP	0.0079 constant 2014-2016 US$ per US$ of GDP	0.0121 constant 2014-2016 US$ per US$ of GDP	5

Countries ranked near Iceland

141 Finland 0.0101 constant 2014-2016 US$ per US$ of GDP compare
142 Germany 0.01 constant 2014-2016 US$ per US$ of GDP compare
143 United Kingdom 0.0081 constant 2014-2016 US$ per US$ of GDP compare
145 Switzerland 0.0078 constant 2014-2016 US$ per US$ of GDP compare
146 Antigua and Barbuda 0.0077 constant 2014-2016 US$ per US$ of GDP compare
147 Norway 0.0074 constant 2014-2016 US$ per US$ of GDP compare

See the full ranking of 158 places →

More agriculture & rural data for Iceland

Agriculture, forestry, and fishing, value added (current US$), annual 19.96 % change on previous year (2025)
Agriculture, forestry, and fishing, value added (current US$), per 0.0365 current US$ per US$ of GDP (2025)
Agriculture, forestry, and fishing, value added (current US$), per 3,593 current US$ per person (2025)
Rural population, annual growth rate 0.8983 % change on previous year (2025)
Rural population, per unit of GDP 0 units per US$ of GDP (2025)
Rural population, per capita 0.0578 units per person (2025)
Share of GDP from agriculture 3.7% (2025)
Agriculture as a share of GDP vs. GDP per capita 3.7% (2025)
Agricultural raw materials exports 0.5% (2025)
Agricultural raw materials imports 1.0% (2025)

All data for Iceland →

Frequently asked questions

What is agricultural output, per unit of gdp in Iceland?: Agricultural output, per unit of gdp in Iceland was 0.0079 constant 2014-2016 US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest agricultural output, per unit of gdp recorded in Iceland?: The highest recorded value was 0.6274 constant 2014-2016 US$ per US$ of GDP in 1961.
What is the lowest agricultural output, per unit of gdp recorded in Iceland?: The lowest recorded value was 0.0079 constant 2014-2016 US$ per US$ of GDP in 2024.
How does Iceland rank for agricultural output, per unit of gdp?: Iceland ranks 144th out of 158 countries with data for 2024.
Is agricultural output, per unit of gdp rising or falling in Iceland?: Over the last ten years it is down 41.1%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?: The figures come from Statizoid (derived), published as part of Agricultural output, per unit of GDP. Statizoid updates them automatically from the source API.

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Agricultural output, per unit of GDP in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 11 October 2026, from https://agriculture.statizoid.com/stat/agricultural-output-per-unit-of-gdp/iceland/

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How this figure is calculated

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

Agricultural output ÷ GDP (current US$)

Computed from

Agricultural output Food and Agriculture Organization of the United Nations (2026) – with major processing by Our World in Data
GDP Country official statistics, National Statistical Organizations and/or Central Banks

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: Agricultural output, per unit of GDP
Unit: constant 2014-2016 US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 158 places, 8,457 data points, 1961–2024
Last refreshed: 09 October 2026

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