Agriculture — Gross Production Value in Iceland

Iceland: Agriculture — Gross Production Value was 355,928 1000 USD in 2024. ▲ Rising

Latest (2024)
355,928 1000 USD
Change on year
up 6.9%
World rank
130th
of 167 countries
All-time high
355,928 1000 USD
in 2024
All-time low
159,368 1000 USD
in 2001
Years of data
34
1991–2024

Agriculture — Gross Production Value in Iceland, 1991–2024

0100.0k200.0k300.0k400.0k1991200720241991: 231.5k 1000 USD1992: 234.0k 1000 USD1993: 191.7k 1000 USD1994: 185.0k 1000 USD1995: 202.1k 1000 USD1996: 190.6k 1000 USD1997: 186.5k 1000 USD1998: 172.6k 1000 USD1999: 191.2k 1000 USD2000: 182.6k 1000 USD2001: 159.4k 1000 USD2002: 170.2k 1000 USD2003: 206.2k 1000 USD2004: 242.6k 1000 USD2005: 292.4k 1000 USD2006: 280.1k 1000 USD2007: 255.7k 1000 USD2008: 225.7k 1000 USD2009: 175.1k 1000 USD2010: 183.3k 1000 USD2011: 211.9k 1000 USD2012: 209.2k 1000 USD2013: 217.8k 1000 USD2014: 252.1k 1000 USD2015: 240.6k 1000 USD2016: 274.5k 1000 USD2017: 306.7k 1000 USD2018: 286.0k 1000 USD2019: 265.2k 1000 USD2020: 246.3k 1000 USD2021: 279.1k 1000 USD2022: 297.1k 1000 USD2023: 333.0k 1000 USD2024: 355.9k 1000 USD

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

Analysis

The most recent figure for agriculture — gross production value in Iceland is 355,928 1000 USD, measured in 2024. That is the highest value across all 34 years on record.

That represents a change of up 6.9% on the previous year and up 41.2% over ten years.

Over the whole period, agriculture — gross production value in Iceland peaked at 355,928 1000 USD in 2024 and was at its lowest, 159,368 1000 USD, in 2001.

That places Iceland 130th out of 167 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 34 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 198,357 1000 USD 172,602 1000 USD 233,985 1000 USD 9
2000s 219,006 1000 USD 159,368 1000 USD 292,375 1000 USD 10
2010s 244,742 1000 USD 183,271 1000 USD 306,739 1000 USD 10
2020s 302,283 1000 USD 246,277 1000 USD 355,928 1000 USD 5

Countries ranked near Iceland

  1. 127 Qatar 370,429 1000 USD compare
  2. 128 Belize 364,143 1000 USD compare
  3. 129 China, Hong Kong SAR 362,644 1000 USD compare
  4. 131 Guatemala 313,589 1000 USD compare
  5. 132 Trinidad and Tobago 311,268 1000 USD compare
  6. 133 Suriname 299,356 1000 USD compare

See the full ranking of 212 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 355,928 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 355,928 1000 USD in 2024.
What is the lowest agriculture — gross production value recorded in Iceland?
The lowest recorded value was 159,368 1000 USD in 2001.
How does Iceland rank for agriculture — gross production value?
Iceland ranks 130th out of 167 countries with data for 2024.
Is agriculture — gross production value rising or falling in Iceland?
Over the last ten years it is up 41.2%. 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 (current thousand US$). 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 20 August 2026, from https://agriculture.statizoid.com/stat/agriculture-gross-production-value-current-thousand-us/iceland/

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About this data

Indicator
Agriculture — Gross Production Value (current thousand US$)
Unit
1000 USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
212 places, 6,244 data points, 1991–2024
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.