Barley — Terms of trade in Iceland

Iceland: Barley — Terms of trade was 39.84 % in 2024. ◆ Volatile

Latest (2024)
39.84 %
Change on year
down 98.6%
World rank
63rd
of 70 countries
All-time high
2,886 %
in 2022
All-time low
0 %
in 2011
Years of data
11
2010–2024

Barley — Terms of trade in Iceland, 2010–2024

01.0k2.0k3.0k2010201720242010: 168.5 %2011: 0 %2012: 0 %2013: 0 %2014: 64.5 %2015: 134.4 %2016: 111.8 %2017: 113.2 %2018: 69.7 %2022: 2.9k %2024: 39.8 %

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

Analysis

In 2024, barley — terms of trade in Iceland stood at 39.84 %.

Compared with earlier readings it is down 98.6% on the previous year and down 38.2% over ten years.

Over the whole period, barley — terms of trade in Iceland peaked at 2,886 % in 2022 and was at its lowest, 0 %, in 2011.

That places Iceland 63rd out of 70 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Barley — Terms of trade in Iceland, year by year

Annual values for Barley — Terms of trade in Iceland, 2010 to 2024.
Year % Change
2010 168.52 %
2011 0 % -100.0%
2012 0 %
2013 0 %
2014 64.48 %
2015 134.36 % +108.4%
2016 111.78 % -16.8%
2017 113.18 % +1.3%
2018 69.67 % -38.4%
2022 2,886 % +4043.0%
2024 39.84 % -98.6%

Averages by decade

DecadeAverage LowestHighest Years
2010s 73.55 % 0 % 168.52 % 9
2020s 1,463 % 39.84 % 2,886 % 2

Countries ranked near Iceland

  1. 60 Guatemala 58.67 % compare
  2. 61 Peru 57.06 % compare
  3. 62 Belarus 47.51 % compare
  4. 64 Japan 27.28 % compare
  5. 65 Ukraine 25.49 % compare
  6. 66 Mexico 12.05 % compare

See the full ranking of 75 places →

More agriculture & rural data for Iceland

All data for Iceland →

Frequently asked questions

What is barley — terms of trade in Iceland?
Barley — terms of trade in Iceland was 39.84 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest barley — terms of trade recorded in Iceland?
The highest recorded value was 2,886 % in 2022.
What is the lowest barley — terms of trade recorded in Iceland?
The lowest recorded value was 0 % in 2011.
How does Iceland rank for barley — terms of trade?
Iceland ranks 63rd out of 70 countries with data for 2024.
Is barley — terms of trade rising or falling in Iceland?
Over the last ten years it is down 38.2%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Barley — Terms of trade. Statizoid updates them automatically from the source API.

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Barley — Terms of trade in Iceland. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 23 August 2026, from https://agriculture.statizoid.com/stat/barley-terms-of-trade/iceland/

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About this data

Indicator
Barley — Terms of trade
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
75 places, 1,030 data points, 2010–2024
Last refreshed

The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK