Agriculture — Gross Production Value in Iceland
Iceland: Agriculture — Gross Production Value was 263,646 1000 USD in 2024. ▲ Rising
Latest (2024)
263,646 1000 USD
Change on year
down 0.1%
World rank
129th
of 149 countries
All-time high
274,884 1000 USD
in 2017
All-time low
162,323 1000 USD
in 1970
Years of data
64
1961–2024
Agriculture — Gross Production Value in Iceland, 1961–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.
Analysis
In 2024, agriculture — gross production value in Iceland stood at 263,646 1000 USD.
The figure is down 0.1% on the previous year and up 8.3% over ten years.
Over the whole period, agriculture — gross production value in Iceland peaked at 274,884 1000 USD in 2017 and was at its lowest, 162,323 1000 USD, in 1970.
Iceland ranks 129th of 149 countries on this measure, 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
| Year | 1000 USD | Change |
|---|---|---|
| 1961 | 167,323 1000 USD | — |
| 1962 | 172,569 1000 USD | +3.1% |
| 1963 | 169,861 1000 USD | -1.6% |
| 1964 | 168,253 1000 USD | -0.9% |
| 1965 | 180,448 1000 USD | +7.2% |
| 1966 | 169,278 1000 USD | -6.2% |
| 1967 | 179,036 1000 USD | +5.8% |
| 1968 | 169,059 1000 USD | -5.6% |
| 1969 | 165,142 1000 USD | -2.3% |
| 1970 | 162,323 1000 USD | -1.7% |
| 1971 | 167,051 1000 USD | +2.9% |
| 1972 | 174,818 1000 USD | +4.6% |
| 1973 | 180,651 1000 USD | +3.3% |
| 1974 | 193,091 1000 USD | +6.9% |
| 1975 | 191,202 1000 USD | -1.0% |
| 1976 | 189,294 1000 USD | -1.0% |
| 1977 | 192,805 1000 USD | +1.9% |
| 1978 | 207,663 1000 USD | +7.7% |
| 1979 | 204,662 1000 USD | -1.4% |
| 1980 | 195,360 1000 USD | -4.5% |
| 1981 | 193,145 1000 USD | -1.1% |
| 1982 | 194,578 1000 USD | +0.7% |
| 1983 | 187,423 1000 USD | -3.7% |
| 1984 | 200,014 1000 USD | +6.7% |
| 1985 | 201,410 1000 USD | +0.7% |
| 1986 | 209,955 1000 USD | +4.2% |
| 1987 | 202,583 1000 USD | -3.5% |
| 1988 | 178,634 1000 USD | -11.8% |
| 1989 | 167,884 1000 USD | -6.0% |
| 1990 | 169,037 1000 USD | +0.7% |
| 1991 | 179,881 1000 USD | +6.4% |
| 1992 | 173,182 1000 USD | -3.7% |
| 1993 | 164,679 1000 USD | -4.9% |
| 1994 | 171,694 1000 USD | +4.3% |
| 1995 | 167,226 1000 USD | -2.6% |
| 1996 | 169,954 1000 USD | +1.6% |
| 1997 | 169,818 1000 USD | -0.1% |
| 1998 | 177,785 1000 USD | +4.7% |
| 1999 | 182,396 1000 USD | +2.6% |
| 2000 | 191,573 1000 USD | +5.0% |
| 2001 | 195,335 1000 USD | +2.0% |
| 2002 | 196,104 1000 USD | +0.4% |
| 2003 | 201,995 1000 USD | +3.0% |
| 2004 | 205,166 1000 USD | +1.6% |
| 2005 | 206,959 1000 USD | +0.9% |
| 2006 | 215,639 1000 USD | +4.2% |
| 2007 | 228,191 1000 USD | +5.8% |
| 2008 | 231,689 1000 USD | +1.5% |
| 2009 | 227,766 1000 USD | -1.7% |
| 2010 | 228,279 1000 USD | +0.2% |
| 2011 | 230,892 1000 USD | +1.1% |
| 2012 | 238,426 1000 USD | +3.3% |
| 2013 | 231,249 1000 USD | -3.0% |
| 2014 | 243,349 1000 USD | +5.2% |
| 2015 | 256,619 1000 USD | +5.5% |
| 2016 | 267,216 1000 USD | +4.1% |
| 2017 | 274,884 1000 USD | +2.9% |
| 2018 | 272,022 1000 USD | -1.0% |
| 2019 | 274,802 1000 USD | +1.0% |
| 2020 | 266,743 1000 USD | -2.9% |
| 2021 | 263,750 1000 USD | -1.1% |
| 2022 | 261,801 1000 USD | -0.7% |
| 2023 | 263,967 1000 USD | +0.8% |
| 2024 | 263,646 1000 USD | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 171,219 1000 USD | 165,142 1000 USD | 180,448 1000 USD | 9 |
| 1970s | 186,356 1000 USD | 162,323 1000 USD | 207,663 1000 USD | 10 |
| 1980s | 193,099 1000 USD | 167,884 1000 USD | 209,955 1000 USD | 10 |
| 1990s | 172,565 1000 USD | 164,679 1000 USD | 182,396 1000 USD | 10 |
| 2000s | 210,042 1000 USD | 191,573 1000 USD | 231,689 1000 USD | 10 |
| 2010s | 251,774 1000 USD | 228,279 1000 USD | 274,884 1000 USD | 10 |
| 2020s | 263,981 1000 USD | 261,801 1000 USD | 266,743 1000 USD | 5 |
Countries ranked near Iceland
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)
- Agriculture share gdp 3.65 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 3.65 (2025)
- Agricultural raw materials exports 0.5% (2025)
- Agricultural raw materials imports 1.0% (2025)
Frequently asked questions
- What is agriculture — gross production value in Iceland?
- Agriculture — gross production value in Iceland was 263,646 1000 USD 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 274,884 1000 USD in 2017.
- What is the lowest agriculture — gross production value recorded in Iceland?
- The lowest recorded value was 162,323 1000 USD in 1970.
- How does Iceland rank for agriculture — gross production value?
- Iceland ranks 129th out of 149 countries with data for 2024.
- Is agriculture — gross production value 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, published as part of Agriculture — Gross Production Value (constant 2014-2016 thousand US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
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.