Cereals, primary: Gross Production Value (constant 2014-2016) … US in Iceland

Iceland: Cereals, primary: Gross Production Value (constant 2014-2016) … US was 1,436 1000 USD in 2024. ▲ Rising

Latest (2024)
1,436 1000 USD
Change on year
down 35.1%
World rank
169th
of 181 countries
All-time high
2,563 1000 USD
in 2022
All-time low
1,123 1000 USD
in 2018
Years of data
10
2015–2024

Cereals, primary — Gross Production Value in Iceland, 2015–2024

01.0k2.0k3.0k2015201920242015: 1.3k 1000 USD2016: 2.1k 1000 USD2017: 2.1k 1000 USD2018: 1.1k 1000 USD2019: 2.3k 1000 USD2020: 2.1k 1000 USD2021: 2.2k 1000 USD2022: 2.6k 1000 USD2023: 2.2k 1000 USD2024: 1.4k 1000 USD

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

Analysis

Iceland recorded 1,436 1000 USD for cereals, primary — gross production value in 2024.

Compared with earlier readings it is down 35.1% on the previous year and up 7.5% over ten years.

Over the whole period, cereals, primary — gross production value in Iceland peaked at 2,563 1000 USD in 2022 and was at its lowest, 1,123 1000 USD, in 2018.

That places Iceland 169th out of 181 countries with data for 2024, putting it in the bottom quarter.

Cereals, primary: Gross Production Value (constant 2014-2016) … US in Iceland, year by year

Annual values for Cereals, primary — Gross Production Value (constant 2014-2016 thousand US$) in Iceland, 2015 to 2024.
Year 1000 USD Change
2015 1,336 1000 USD —
2016 2,128 1000 USD +59.3%
2017 2,131 1000 USD +0.1%
2018 1,123 1000 USD -47.3%
2019 2,275 1000 USD +102.6%
2020 2,099 1000 USD -7.7%
2021 2,157 1000 USD +2.8%
2022 2,563 1000 USD +18.8%
2023 2,212 1000 USD -13.7%
2024 1,436 1000 USD -35.1%

Iceland compared with similar countries

  • Iceland's 1,436 1000 USD is below the median for high income countries, which is 439,314 1000 USD, 0% of the median. (49 countries reporting)
  • Iceland's 1,436 1000 USD is below the median for Europe & Central Asia, which is 631,637 1000 USD, 0% of the median. (43 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 1,799 1000 USD 1,123 1000 USD 2,275 1000 USD 5
2020s 2,093 1000 USD 1,436 1000 USD 2,563 1000 USD 5

Countries ranked near Iceland

  1. 166 Brunei Darussalam 3,550 1000 USD compare
  2. 166 Brunei 3,550 1000 USD compare
  3. 168 Vanuatu 1,441 1000 USD compare
  4. 170 Saint Vincent and the Grenadines 604 1000 USD compare
  5. 170 Saint Vincent and the Grenadines 604 1000 USD compare
  6. 172 Qatar 596 1000 USD compare

See the full ranking of 211 places →

More agriculture & rural data for Iceland

All data for Iceland →

Frequently asked questions

What is cereals, primary — gross production value in Iceland?
Cereals, primary — gross production value in Iceland was 1,436 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest cereals, primary — gross production value recorded in Iceland?
The highest recorded value was 2,563 1000 USD in 2022.
What is the lowest cereals, primary — gross production value recorded in Iceland?
The lowest recorded value was 1,123 1000 USD in 2018.
How does Iceland rank for cereals, primary — gross production value?
Iceland ranks 169th out of 181 countries with data for 2024.
Is cereals, primary — gross production value rising or falling in Iceland?
Over the last ten years it is up 7.5%. 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 Cereals, primary — Gross Production Value (constant 2014-2016 thousand US$). Statizoid updates them automatically from the source API.

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Cereals, primary — Gross Production Value in Iceland. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 13 November 2026, from https://agriculture.statizoid.com/stat/cereals-primary-gross-production-value-constant-2014-2016-thousand-us/iceland/

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About this data

Indicator
Cereals, primary — Gross Production Value (constant 2014-2016 thousand US$)
Unit
1000 USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
211 places, 11,820 data points, 1961–2024
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.