Butter and Ghee — Production, annual growth rate in Iceland
Iceland: Butter and Ghee — Production, annual growth rate was 2.38 % change on previous year in 2023. ◆ Volatile
Butter and Ghee — Production, annual growth rate in Iceland, 1962–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for butter and ghee — production, annual growth rate in Iceland is 2.38 % change on previous year, measured in 2023.
That represents a change of up 1,347.6% on the previous year and down 52.4% over ten years.
Over the whole period, butter and ghee — production, annual growth rate in Iceland peaked at 36.67 % change on previous year in 1982 and was at its lowest, -28.99 % change on previous year, in 1966.
Iceland ranks 47th of 134 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Butter and Ghee — Production, annual growth rate in Iceland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1962 | 6.56 % change on previous year | — |
| 1963 | 2.95 % change on previous year | -55.0% |
| 1964 | 2.18 % change on previous year | -26.1% |
| 1965 | 13.53 % change on previous year | +520.8% |
| 1966 | -28.99 % change on previous year | -314.3% |
| 1967 | 12.62 % change on previous year | -143.5% |
| 1968 | 0.8054 % change on previous year | -93.6% |
| 1969 | -1.4 % change on previous year | -273.6% |
| 1970 | 1.76 % change on previous year | -225.6% |
| 1971 | -5.11 % change on previous year | -391.0% |
| 1972 | 12.45 % change on previous year | -343.6% |
| 1973 | 0.6219 % change on previous year | -95.0% |
| 1974 | 8.1 % change on previous year | +1201.9% |
| 1975 | -13.09 % change on previous year | -261.7% |
| 1976 | 20.66 % change on previous year | -257.8% |
| 1977 | -0.6543 % change on previous year | -103.2% |
| 1978 | -4.34 % change on previous year | +562.7% |
| 1979 | -20.08 % change on previous year | +363.1% |
| 1980 | -25.7 % change on previous year | +28.0% |
| 1981 | 1.45 % change on previous year | -105.6% |
| 1982 | 36.67 % change on previous year | +2430.0% |
| 1983 | -8.15 % change on previous year | -122.2% |
| 1984 | -1.59 % change on previous year | -80.5% |
| 1985 | -0.771 % change on previous year | -51.6% |
| 1986 | 11.58 % change on previous year | -1601.6% |
| 1987 | -3.9 % change on previous year | -133.7% |
| 1988 | 15.51 % change on previous year | -497.6% |
| 1989 | 1.38 % change on previous year | -91.1% |
| 1990 | 2.23 % change on previous year | +61.4% |
| 1991 | -1.63 % change on previous year | -173.4% |
| 1992 | 0.6769 % change on previous year | -141.4% |
| 1993 | 2.08 % change on previous year | +207.0% |
| 1994 | 2.81 % change on previous year | +35.4% |
| 1995 | -3.55 % change on previous year | -226.2% |
| 1996 | -2.78 % change on previous year | -21.8% |
| 1997 | -2.61 % change on previous year | -6.1% |
| 1998 | 0.4464 % change on previous year | -117.1% |
| 1999 | -3.05 % change on previous year | -782.7% |
| 2000 | -0.5894 % change on previous year | -80.7% |
| 2001 | -1.19 % change on previous year | +101.2% |
| 2002 | 23.4 % change on previous year | -2073.4% |
| 2003 | -8.81 % change on previous year | -137.6% |
| 2004 | 12.5 % change on previous year | -241.9% |
| 2005 | 0.5793 % change on previous year | -95.4% |
| 2006 | -0.5236 % change on previous year | -190.4% |
| 2007 | 13.16 % change on previous year | -2613.2% |
| 2008 | 2.33 % change on previous year | -82.3% |
| 2009 | -9.09 % change on previous year | -490.9% |
| 2010 | 0 % change on previous year | -100.0% |
| 2011 | 0 % change on previous year | — |
| 2012 | 0 % change on previous year | — |
| 2013 | 5 % change on previous year | — |
| 2014 | 0 % change on previous year | -100.0% |
| 2015 | 18.19 % change on previous year | — |
| 2016 | 2.42 % change on previous year | -86.7% |
| 2017 | -11.25 % change on previous year | -565.4% |
| 2018 | 9.31 % change on previous year | -182.7% |
| 2019 | 3.08 % change on previous year | -66.9% |
| 2020 | 2.75 % change on previous year | -10.6% |
| 2021 | -6.78 % change on previous year | -346.1% |
| 2022 | 0.1643 % change on previous year | -102.4% |
| 2023 | 2.38 % change on previous year | +1347.6% |
Iceland compared with similar countries
- Iceland's 2.38 % change on previous year is above the median for high income countries, which is 1.07 % change on previous year, 2.2× the median. (40 countries reporting)
- Iceland's 2.38 % change on previous year is above the median for Europe & Central Asia, which is 1.49 % change on previous year, 1.6× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Butter and Ghee — Production, annual growth rate in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +2613.2% | -0.5236 % change on previous year | 13.16 % change on previous year |
| 1982 | +2430.0% | 1.45 % change on previous year | 36.67 % change on previous year |
| 2002 | +2073.4% | -1.19 % change on previous year | 23.4 % change on previous year |
| 1986 | +1601.6% | -0.771 % change on previous year | 11.58 % change on previous year |
| 2023 | +1347.6% | 0.1643 % change on previous year | 2.38 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.03 % change on previous year | -28.99 % change on previous year | 13.53 % change on previous year | 8 |
| 1970s | 0.0306 % change on previous year | -20.08 % change on previous year | 20.66 % change on previous year | 10 |
| 1980s | 2.65 % change on previous year | -25.7 % change on previous year | 36.67 % change on previous year | 10 |
| 1990s | -0.5378 % change on previous year | -3.55 % change on previous year | 2.81 % change on previous year | 10 |
| 2000s | 3.18 % change on previous year | -9.09 % change on previous year | 23.4 % change on previous year | 10 |
| 2010s | 2.67 % change on previous year | -11.25 % change on previous year | 18.19 % change on previous year | 10 |
| 2020s | -0.3701 % change on previous year | -6.78 % change on previous year | 2.75 % change on previous year | 4 |
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 butter and ghee — production, annual growth rate in Iceland?
- Butter and ghee — production, annual growth rate in Iceland was 2.38 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest butter and ghee — production, annual growth rate recorded in Iceland?
- The highest recorded value was 36.67 % change on previous year in 1982.
- What is the lowest butter and ghee — production, annual growth rate recorded in Iceland?
- The lowest recorded value was -28.99 % change on previous year in 1966.
- How does Iceland rank for butter and ghee — production, annual growth rate?
- Iceland ranks 47th out of 134 countries with data for 2023.
- Is butter and ghee — production, annual growth rate rising or falling in Iceland?
- Over the last ten years it is down 52.4%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Butter and Ghee — Production, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 62 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Butter and Ghee — Production. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Butter and Ghee — Production Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Butter and Ghee — Production. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.