Agriculture — Gross Production Value in Iceland

Iceland: Agriculture — Gross Production Value was 178,545 1000 Int$ in 2024. ▲ Rising

Latest (2024)
178,545 1000 Int$
Change on year
up 0.0%
World rank
155th
of 196 countries
All-time high
188,771 1000 Int$
in 2017
All-time low
121,544 1000 Int$
in 1996
Years of data
64
1961–2024

Agriculture — Gross Production Value in Iceland, 1961–2024

050.0k100.0k150.0k200.0k196119922024

Source: Food and Agriculture Organization of the United Nations. Measured in 1000 Int$.

Analysis

In 2024, agriculture — gross production value in Iceland stood at 178,545 1000 Int$.

That represents a change of up 7.2% over ten years.

Over the whole period, agriculture — gross production value in Iceland peaked at 188,771 1000 Int$ in 2017 and was at its lowest, 121,544 1000 Int$, in 1996.

That places Iceland 155th out of 196 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.

Agriculture — Gross Production Value in Iceland, year by year

Annual values for Agriculture — Gross Production Value (constant 2014-2016 thousand I$) in Iceland, 1961 to 2024.
Year 1000 Int$ Change
1961 136,993 1000 Int$
1962 143,671 1000 Int$ +4.9%
1963 140,582 1000 Int$ -2.2%
1964 137,594 1000 Int$ -2.1%
1965 146,049 1000 Int$ +6.1%
1966 140,142 1000 Int$ -4.0%
1967 148,454 1000 Int$ +5.9%
1968 137,978 1000 Int$ -7.1%
1969 137,844 1000 Int$ -0.1%
1970 131,718 1000 Int$ -4.4%
1971 131,391 1000 Int$ -0.2%
1972 141,032 1000 Int$ +7.3%
1973 145,766 1000 Int$ +3.4%
1974 153,756 1000 Int$ +5.5%
1975 156,777 1000 Int$ +2.0%
1976 154,106 1000 Int$ -1.7%
1977 156,108 1000 Int$ +1.3%
1978 165,943 1000 Int$ +6.3%
1979 167,007 1000 Int$ +0.6%
1980 156,407 1000 Int$ -6.3%
1981 157,570 1000 Int$ +0.7%
1982 156,419 1000 Int$ -0.7%
1983 153,128 1000 Int$ -2.1%
1984 153,753 1000 Int$ +0.4%
1985 156,893 1000 Int$ +2.0%
1986 158,712 1000 Int$ +1.2%
1987 151,239 1000 Int$ -4.7%
1988 134,182 1000 Int$ -11.3%
1989 126,527 1000 Int$ -5.7%
1990 126,641 1000 Int$ +0.1%
1991 130,113 1000 Int$ +2.7%
1992 127,467 1000 Int$ -2.0%
1993 122,024 1000 Int$ -4.3%
1994 125,173 1000 Int$ +2.6%
1995 123,753 1000 Int$ -1.1%
1996 121,544 1000 Int$ -1.8%
1997 122,878 1000 Int$ +1.1%
1998 126,728 1000 Int$ +3.1%
1999 132,548 1000 Int$ +4.6%
2000 138,909 1000 Int$ +4.8%
2001 137,770 1000 Int$ -0.8%
2002 139,587 1000 Int$ +1.3%
2003 141,111 1000 Int$ +1.1%
2004 141,809 1000 Int$ +0.5%
2005 141,067 1000 Int$ -0.5%
2006 145,155 1000 Int$ +2.9%
2007 152,790 1000 Int$ +5.3%
2008 155,651 1000 Int$ +1.9%
2009 155,049 1000 Int$ -0.4%
2010 156,192 1000 Int$ +0.7%
2011 158,854 1000 Int$ +1.7%
2012 164,526 1000 Int$ +3.6%
2013 161,922 1000 Int$ -1.6%
2014 166,581 1000 Int$ +2.9%
2015 175,323 1000 Int$ +5.2%
2016 182,612 1000 Int$ +4.2%
2017 188,771 1000 Int$ +3.4%
2018 188,709 1000 Int$ -0.0%
2019 187,585 1000 Int$ -0.6%
2020 183,266 1000 Int$ -2.3%
2021 181,463 1000 Int$ -1.0%
2022 178,409 1000 Int$ -1.7%
2023 178,473 1000 Int$ +0.0%
2024 178,545 1000 Int$ +0.0%

Averages by decade

DecadeAverage LowestHighest Years
1960s 141,034 1000 Int$ 136,993 1000 Int$ 148,454 1000 Int$ 9
1970s 150,360 1000 Int$ 131,391 1000 Int$ 167,007 1000 Int$ 10
1980s 150,483 1000 Int$ 126,527 1000 Int$ 158,712 1000 Int$ 10
1990s 125,887 1000 Int$ 121,544 1000 Int$ 132,548 1000 Int$ 10
2000s 144,890 1000 Int$ 137,770 1000 Int$ 155,651 1000 Int$ 10
2010s 173,108 1000 Int$ 156,192 1000 Int$ 188,771 1000 Int$ 10
2020s 180,031 1000 Int$ 178,409 1000 Int$ 183,266 1000 Int$ 5

Countries ranked near Iceland

  1. 152 Lesotho 197,510 1000 Int$ compare
  2. 153 Gambia 179,780 1000 Int$ compare
  3. 154 Montenegro 179,773 1000 Int$ compare
  4. 156 Vanuatu 177,946 1000 Int$ compare
  5. 157 Bahrain 176,693 1000 Int$ compare
  6. 158 Qatar 168,050 1000 Int$ compare

See the full ranking of 245 places →

More agriculture & rural data for Iceland

All data for Iceland →

Frequently asked questions

What is agriculture — gross production value in Iceland?
Agriculture — gross production value in Iceland was 178,545 1000 Int$ in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest agriculture — gross production value recorded in Iceland?
The highest recorded value was 188,771 1000 Int$ in 2017.
What is the lowest agriculture — gross production value recorded in Iceland?
The lowest recorded value was 121,544 1000 Int$ in 1996.
How does Iceland rank for agriculture — gross production value?
Iceland ranks 155th out of 196 countries with data for 2024.
Is agriculture — gross production value rising or falling in Iceland?
Over the last ten years it is up 7.2%. 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, published as part of Agriculture — Gross Production Value (constant 2014-2016 thousand I$). Statizoid updates them automatically from the source API.

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Agriculture — Gross Production Value in Iceland. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 27 August 2026, from https://agriculture.statizoid.com/stat/agriculture-gross-production-value-constant-2014-2016-thousand-i/iceland/

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About this data

Indicator
Agriculture — Gross Production Value (constant 2014-2016 thousand I$)
Unit
1000 Int$
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
245 places, 14,180 data points, 1961–2024
Last refreshed

The domain provides detailed data on the value of agricultural production that is calculated by the agricultural production data and the price data at farm gate. Thus, the value of production measures the agricultural production in monetary terms at the farm gate level.