Carrots and turnips — Gross Production Value in Iceland

Iceland: Carrots and turnips — Gross Production Value was 4,388 1000 USD in 2024. ▲ Rising

Latest (2024)
4,388 1000 USD
Change on year
down 34.5%
World rank
81st
of 108 countries
All-time high
6,701 1000 USD
in 2023
All-time low
560 1000 USD
in 2002
Years of data
34
1991–2024

Carrots and turnips — Gross Production Value in Iceland, 1991–2024

02.0k4.0k6.0k1991200720241991: 1.7k 1000 USD1992: 1.5k 1000 USD1993: 1.5k 1000 USD1994: 3.0k 1000 USD1995: 2.1k 1000 USD1996: 3.1k 1000 USD1997: 1.7k 1000 USD1998: 2.2k 1000 USD1999: 2.1k 1000 USD2000: 2.4k 1000 USD2001: 2.0k 1000 USD2002: 560 1000 USD2003: 3.6k 1000 USD2004: 3.7k 1000 USD2005: 4.6k 1000 USD2006: 4.5k 1000 USD2007: 6.1k 1000 USD2008: 5.7k 1000 USD2009: 4.6k 1000 USD2010: 3.7k 1000 USD2011: 3.9k 1000 USD2012: 4.9k 1000 USD2013: 2.8k 1000 USD2014: 6.3k 1000 USD2015: 4.7k 1000 USD2016: 5.2k 1000 USD2017: 5.7k 1000 USD2018: 4.2k 1000 USD2019: 5.8k 1000 USD2020: 5.3k 1000 USD2021: 5.5k 1000 USD2022: 6.2k 1000 USD2023: 6.7k 1000 USD2024: 4.4k 1000 USD

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

Analysis

In 2024, carrots and turnips — gross production value in Iceland stood at 4,388 1000 USD.

That represents a change of down 34.5% on the previous year and down 30.1% over ten years.

Over the whole period, carrots and turnips — gross production value in Iceland peaked at 6,701 1000 USD in 2023 and was at its lowest, 560 1000 USD, in 2002.

Iceland ranks 81st of 108 countries on this measure, in the middle of the range.

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

Carrots and turnips — Gross Production Value in Iceland, year by year

Annual values for Carrots and turnips — Gross Production Value (current thousand US$) in Iceland, 1991 to 2024.
Year 1000 USD Change
1991 1,727 1000 USD —
1992 1,508 1000 USD -12.7%
1993 1,483 1000 USD -1.7%
1994 2,980 1000 USD +100.9%
1995 2,131 1000 USD -28.5%
1996 3,082 1000 USD +44.6%
1997 1,734 1000 USD -43.7%
1998 2,229 1000 USD +28.5%
1999 2,061 1000 USD -7.5%
2000 2,391 1000 USD +16.0%
2001 2,011 1000 USD -15.9%
2002 560 1000 USD -72.2%
2003 3,626 1000 USD +547.5%
2004 3,675 1000 USD +1.4%
2005 4,607 1000 USD +25.4%
2006 4,474 1000 USD -2.9%
2007 6,069 1000 USD +35.7%
2008 5,666 1000 USD -6.6%
2009 4,588 1000 USD -19.0%
2010 3,688 1000 USD -19.6%
2011 3,880 1000 USD +5.2%
2012 4,933 1000 USD +27.1%
2013 2,808 1000 USD -43.1%
2014 6,274 1000 USD +123.4%
2015 4,719 1000 USD -24.8%
2016 5,172 1000 USD +9.6%
2017 5,742 1000 USD +11.0%
2018 4,235 1000 USD -26.2%
2019 5,850 1000 USD +38.1%
2020 5,340 1000 USD -8.7%
2021 5,522 1000 USD +3.4%
2022 6,242 1000 USD +13.0%
2023 6,701 1000 USD +7.4%
2024 4,388 1000 USD -34.5%

Iceland compared with similar countries

  • Iceland's 4,388 1000 USD is below the median for high income countries, which is 19,218 1000 USD, 23% of the median. (46 countries reporting)
  • Iceland's 4,388 1000 USD is below the median for Europe & Central Asia, which is 28,547 1000 USD, 15% of the median. (41 countries reporting)

Biggest year-on-year movements

Years where Carrots and turnips — Gross Production Value 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.

YearChange FromTo
2003 +547.5% 560 1000 USD 3,626 1000 USD

Averages by decade

DecadeAverage LowestHighest Years
1990s 2,104 1000 USD 1,483 1000 USD 3,082 1000 USD 9
2000s 3,767 1000 USD 560 1000 USD 6,069 1000 USD 10
2010s 4,730 1000 USD 2,808 1000 USD 6,274 1000 USD 10
2020s 5,639 1000 USD 4,388 1000 USD 6,701 1000 USD 5

Countries ranked near Iceland

  1. 78 Armenia 5,547 1000 USD compare
  2. 79 Argentina 4,753 1000 USD compare
  3. 80 Bhutan 4,488 1000 USD compare
  4. 82 Honduras 4,242 1000 USD compare
  5. 83 Slovenia 4,225 1000 USD compare
  6. 84 Latvia 3,994 1000 USD compare

See the full ranking of 145 places →

More agriculture & rural data for Iceland

All data for Iceland →

Frequently asked questions

What is carrots and turnips — gross production value in Iceland?
Carrots and turnips — gross production value in Iceland was 4,388 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest carrots and turnips — gross production value recorded in Iceland?
The highest recorded value was 6,701 1000 USD in 2023.
What is the lowest carrots and turnips — gross production value recorded in Iceland?
The lowest recorded value was 560 1000 USD in 2002.
How does Iceland rank for carrots and turnips — gross production value?
Iceland ranks 81st out of 108 countries with data for 2024.
Is carrots and turnips — gross production value rising or falling in Iceland?
Over the last ten years it is down 30.1%. 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 Carrots and turnips — Gross Production Value (current thousand US$). Statizoid updates them automatically from the source API.

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Carrots and turnips — Gross Production Value in Iceland. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 06 October 2026, from https://agriculture.statizoid.com/stat/carrots-and-turnips-gross-production-value-current-thousand-us/iceland/

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About this data

Indicator
Carrots and turnips — 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
145 places, 4,433 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.