Agriculture — Gross Production Value in Iceland
Iceland: Agriculture — Gross Production Value was 355,928 1000 USD in 2024. ▲ Rising
Agriculture — Gross Production Value in Iceland, 1991–2024
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 168 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.
Agriculture — Gross Production Value in Iceland, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1991 | 231,485 1000 USD | — |
| 1992 | 233,985 1000 USD | +1.1% |
| 1993 | 191,685 1000 USD | -18.1% |
| 1994 | 185,047 1000 USD | -3.5% |
| 1995 | 202,071 1000 USD | +9.2% |
| 1996 | 190,631 1000 USD | -5.7% |
| 1997 | 186,457 1000 USD | -2.2% |
| 1998 | 172,602 1000 USD | -7.4% |
| 1999 | 191,248 1000 USD | +10.8% |
| 2000 | 182,559 1000 USD | -4.5% |
| 2001 | 159,368 1000 USD | -12.7% |
| 2002 | 170,227 1000 USD | +6.8% |
| 2003 | 206,231 1000 USD | +21.2% |
| 2004 | 242,634 1000 USD | +17.7% |
| 2005 | 292,375 1000 USD | +20.5% |
| 2006 | 280,118 1000 USD | -4.2% |
| 2007 | 255,749 1000 USD | -8.7% |
| 2008 | 225,746 1000 USD | -11.7% |
| 2009 | 175,055 1000 USD | -22.5% |
| 2010 | 183,271 1000 USD | +4.7% |
| 2011 | 211,921 1000 USD | +15.6% |
| 2012 | 209,235 1000 USD | -1.3% |
| 2013 | 217,806 1000 USD | +4.1% |
| 2014 | 252,132 1000 USD | +15.8% |
| 2015 | 240,618 1000 USD | -4.6% |
| 2016 | 274,507 1000 USD | +14.1% |
| 2017 | 306,739 1000 USD | +11.7% |
| 2018 | 285,964 1000 USD | -6.8% |
| 2019 | 265,231 1000 USD | -7.3% |
| 2020 | 246,277 1000 USD | -7.1% |
| 2021 | 279,129 1000 USD | +13.3% |
| 2022 | 297,130 1000 USD | +6.4% |
| 2023 | 332,953 1000 USD | +12.1% |
| 2024 | 355,928 1000 USD | +6.9% |
Iceland compared with similar countries
- Iceland's 355,928 1000 USD is below the median for high income countries, which is 3.67 million 1000 USD, 10% of the median. (54 countries reporting)
- Iceland's 355,928 1000 USD is below the median for Europe & Central Asia, which is 5.83 million 1000 USD, 6% of the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
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)
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 168 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.
Download this data
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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.