Share of GDP from agriculture in Iceland
Iceland: Share of GDP from agriculture was 3.7% in 2025. ▼ Falling
Share of GDP from agriculture in Iceland, 1995–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
In 2025, share of gdp from agriculture in Iceland stood at 3.7%.
The figure is up 3.2% on the previous year and down 32.1% over ten years.
Over the whole period, share of gdp from agriculture in Iceland peaked at 9.1% in 1995 and was at its lowest, 3.5%, in 2024.
Iceland ranks 122nd of 203 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Share of GDP from agriculture in Iceland, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 9.1% | — |
| 1996 | 8.9% | -2.4% |
| 1997 | 7.9% | -11.0% |
| 1998 | 8.0% | +0.6% |
| 1999 | 7.5% | -6.1% |
| 2000 | 6.9% | -8.1% |
| 2001 | 7.4% | +7.2% |
| 2002 | 7.4% | +0.3% |
| 2003 | 6.3% | -14.3% |
| 2004 | 5.2% | -17.7% |
| 2005 | 4.7% | -10.9% |
| 2006 | 4.7% | +1.1% |
| 2007 | 4.1% | -12.1% |
| 2008 | 4.8% | +16.9% |
| 2009 | 5.6% | +15.6% |
| 2010 | 6.3% | +12.6% |
| 2011 | 6.8% | +7.9% |
| 2012 | 6.8% | -0.2% |
| 2013 | 6.0% | -10.9% |
| 2014 | 5.2% | -13.2% |
| 2015 | 5.4% | +2.6% |
| 2016 | 4.5% | -16.9% |
| 2017 | 3.8% | -16.1% |
| 2018 | 4.2% | +11.0% |
| 2019 | 4.4% | +6.2% |
| 2020 | 4.8% | +8.3% |
| 2021 | 4.4% | -8.0% |
| 2022 | 4.2% | -4.6% |
| 2023 | 4.3% | +2.3% |
| 2024 | 3.5% | -17.7% |
| 2025 | 3.7% | +3.2% |
Iceland compared with similar countries
- Iceland's 3.7% is above the median for high income countries, which is 1.5%, 2.4× the median. (74 countries reporting)
- Iceland's 3.7% is above the median for Europe & Central Asia, which is 2.6%, 1.4× the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.3% | 7.5% | 9.1% | 5 |
| 2000s | 5.7% | 4.1% | 7.4% | 10 |
| 2010s | 5.3% | 3.8% | 6.8% | 10 |
| 2020s | 4.2% | 3.5% | 4.8% | 6 |
Countries ranked near Iceland
- 119 New Zealand 4.0% compare
- 120 Mexico 3.9% compare
- 121 Kazakhstan 3.7% compare
- 123 Greece 3.6% compare
- 124 Chile 3.5% compare
- 125 Saint Vincent and the Grenadines 3.4% compare
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 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)
- Rural population 5.8% (2025)
Frequently asked questions
- What is share of gdp from agriculture in Iceland?
- Share of gdp from agriculture in Iceland was 3.7% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest share of gdp from agriculture recorded in Iceland?
- The highest recorded value was 9.1% in 1995.
- What is the lowest share of gdp from agriculture recorded in Iceland?
- The lowest recorded value was 3.5% in 2024.
- How does Iceland rank for share of gdp from agriculture?
- Iceland ranks 122nd out of 203 countries with data for 2025.
- Is share of gdp from agriculture rising or falling in Iceland?
- Over the last ten years it is down 32.1%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Share of GDP from agriculture. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
This is measured as the value added from agriculture, forestry and fishing products as a share of gross domestic product (GDP).