Crops — Gross Production Value (constant 2014-2016 thousand I$), per in Iceland

Iceland: Crops — Gross Production Value (constant 2014-2016 thousand I$), per was 0 1000 Int$ per US$ of GDP in 2024. ◆ Volatile

Latest (2024)
0 1000 Int$ per US$ of GDP
Change on year
down 22.8%
World rank
169th
of 171 countries
All-time high
0 1000 Int$ per US$ of GDP
in 1961
All-time low
0 1000 Int$ per US$ of GDP
in 2024
Years of data
64
1961–2024

Crops — Gross Production Value (constant 2014-2016 thousand I$), per in Iceland, 1961–2024

0000196119922024

Source: Statizoid (derived). Measured in 1000 Int$ per US$ of GDP.

Analysis

In 2024, crops — gross production value (constant 2014-2016 thousand i$), per in Iceland stood at 0 1000 Int$ per US$ of GDP. That is the lowest value across all 64 years on record.

Compared with earlier readings it is down 22.8% on the previous year and down 44.8% over ten years.

Over the whole period, crops — gross production value (constant 2014-2016 thousand i$), per in Iceland peaked at 0 1000 Int$ per US$ of GDP in 1961 and was at its lowest, 0 1000 Int$ per US$ of GDP, in 2024.

Iceland ranks 169th of 171 countries on this measure, in the bottom quarter.

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

Crops — Gross Production Value (constant 2014-2016 thousand I$), per in Iceland, year by year

Annual values for Crops — Gross Production Value (constant 2014-2016 thousand I$), per unit of GDP in Iceland, 1961 to 2024.
Year 1000 Int$ per US$ of GDP Change
1961 0 1000 Int$ per US$ of GDP —
1962 0 1000 Int$ per US$ of GDP -29.6%
1963 0 1000 Int$ per US$ of GDP -24.1%
1964 0 1000 Int$ per US$ of GDP -24.4%
1965 0 1000 Int$ per US$ of GDP +18.6%
1966 0 1000 Int$ per US$ of GDP -70.2%
1967 0 1000 Int$ per US$ of GDP +62.5%
1968 0 1000 Int$ per US$ of GDP +14.3%
1969 0 1000 Int$ per US$ of GDP -3.9%
1970 0 1000 Int$ per US$ of GDP -7.9%
1971 0 1000 Int$ per US$ of GDP +50.9%
1972 0 1000 Int$ per US$ of GDP -38.9%
1973 0 1000 Int$ per US$ of GDP -45.7%
1974 0 1000 Int$ per US$ of GDP +52.2%
1975 0 1000 Int$ per US$ of GDP -43.8%
1976 0 1000 Int$ per US$ of GDP -6.8%
1977 0 1000 Int$ per US$ of GDP -16.4%
1978 0 1000 Int$ per US$ of GDP +41.6%
1979 0 1000 Int$ per US$ of GDP -52.3%
1980 0 1000 Int$ per US$ of GDP +80.6%
1981 0 1000 Int$ per US$ of GDP -28.0%
1982 0 1000 Int$ per US$ of GDP +37.1%
1983 0 1000 Int$ per US$ of GDP -50.8%
1984 0 1000 Int$ per US$ of GDP +202.1%
1985 0 1000 Int$ per US$ of GDP -31.7%
1986 0 1000 Int$ per US$ of GDP -7.5%
1987 0 1000 Int$ per US$ of GDP -22.2%
1988 0 1000 Int$ per US$ of GDP -43.8%
1989 0 1000 Int$ per US$ of GDP -10.7%
1990 0 1000 Int$ per US$ of GDP -10.0%
1991 0 1000 Int$ per US$ of GDP +62.5%
1992 0 1000 Int$ per US$ of GDP -23.5%
1993 0 1000 Int$ per US$ of GDP +3.0%
1994 0 1000 Int$ per US$ of GDP +19.0%
1995 0 1000 Int$ per US$ of GDP -32.6%
1996 0 1000 Int$ per US$ of GDP +32.9%
1997 0 1000 Int$ per US$ of GDP -18.3%
1998 0 1000 Int$ per US$ of GDP +13.2%
1999 0 1000 Int$ per US$ of GDP -19.4%
2000 0 1000 Int$ per US$ of GDP +9.6%
2001 0 1000 Int$ per US$ of GDP +22.5%
2002 0 1000 Int$ per US$ of GDP -28.8%
2003 0 1000 Int$ per US$ of GDP -19.9%
2004 0 1000 Int$ per US$ of GDP +10.3%
2005 0 1000 Int$ per US$ of GDP -9.3%
2006 0 1000 Int$ per US$ of GDP +1.9%
2007 0 1000 Int$ per US$ of GDP -21.2%
2008 0 1000 Int$ per US$ of GDP +19.3%
2009 0 1000 Int$ per US$ of GDP +20.4%
2010 0 1000 Int$ per US$ of GDP +9.9%
2011 0 1000 Int$ per US$ of GDP -29.6%
2012 0 1000 Int$ per US$ of GDP +22.3%
2013 0 1000 Int$ per US$ of GDP -31.3%
2014 0 1000 Int$ per US$ of GDP +8.6%
2015 0 1000 Int$ per US$ of GDP +22.5%
2016 0 1000 Int$ per US$ of GDP -3.5%
2017 0 1000 Int$ per US$ of GDP -20.0%
2018 0 1000 Int$ per US$ of GDP -31.0%
2019 0 1000 Int$ per US$ of GDP +42.7%
2020 0 1000 Int$ per US$ of GDP +7.1%
2021 0 1000 Int$ per US$ of GDP -18.3%
2022 0 1000 Int$ per US$ of GDP +0.4%
2023 0 1000 Int$ per US$ of GDP -12.8%
2024 0 1000 Int$ per US$ of GDP -22.8%

Iceland compared with similar countries

  • Iceland's 0 1000 Int$ per US$ of GDP is below the median for high income countries, which is 0 1000 Int$ per US$ of GDP, 4% of the median. (57 countries reporting)
  • Iceland's 0 1000 Int$ per US$ of GDP is below the median for Europe & Central Asia, which is 0 1000 Int$ per US$ of GDP, 1% of the median. (44 countries reporting)

Biggest year-on-year movements

Years where Crops — Gross Production Value (constant 2014-2016 thousand I$), per 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
1984 +202.1% 0 1000 Int$ per US$ of GDP 0 1000 Int$ per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1960s 0 1000 Int$ per US$ of GDP 0 1000 Int$ per US$ of GDP 0 1000 Int$ per US$ of GDP 9
1970s 0 1000 Int$ per US$ of GDP 0 1000 Int$ per US$ of GDP 0 1000 Int$ per US$ of GDP 10
1980s 0 1000 Int$ per US$ of GDP 0 1000 Int$ per US$ of GDP 0 1000 Int$ per US$ of GDP 10
1990s 0 1000 Int$ per US$ of GDP 0 1000 Int$ per US$ of GDP 0 1000 Int$ per US$ of GDP 10
2000s 0 1000 Int$ per US$ of GDP 0 1000 Int$ per US$ of GDP 0 1000 Int$ per US$ of GDP 10
2010s 0 1000 Int$ per US$ of GDP 0 1000 Int$ per US$ of GDP 0 1000 Int$ per US$ of GDP 10
2020s 0 1000 Int$ per US$ of GDP 0 1000 Int$ per US$ of GDP 0 1000 Int$ per US$ of GDP 5

Countries ranked near Iceland

  1. 166 Luxembourg 0 1000 Int$ per US$ of GDP compare
  2. 167 Bahrain 0 1000 Int$ per US$ of GDP compare
  3. 168 Qatar 0 1000 Int$ per US$ of GDP compare
  4. 170 Faroe Islands 0 1000 Int$ per US$ of GDP compare
  5. 171 Singapore 0 1000 Int$ per US$ of GDP compare

See the full ranking of 172 places →

More agriculture & rural data for Iceland

All data for Iceland →

Frequently asked questions

What is crops — gross production value (constant 2014-2016 thousand i$), per in Iceland?
Crops — gross production value (constant 2014-2016 thousand i$), per in Iceland was 0 1000 Int$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest crops — gross production value (constant 2014-2016 thousand i$), per recorded in Iceland?
The highest recorded value was 0 1000 Int$ per US$ of GDP in 1961.
What is the lowest crops — gross production value (constant 2014-2016 thousand i$), per recorded in Iceland?
The lowest recorded value was 0 1000 Int$ per US$ of GDP in 2024.
How does Iceland rank for crops — gross production value (constant 2014-2016 thousand i$), per?
Iceland ranks 169th out of 171 countries with data for 2024.
Is crops — gross production value (constant 2014-2016 thousand i$), per rising or falling in Iceland?
Over the last ten years it is down 44.8%. 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 Crops — Gross Production Value (constant 2014-2016 thousand I$), per unit of GDP. Statizoid updates them automatically from the source API.

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Crops — Gross Production Value (constant 2014-2016 thousand I$), per in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 05 October 2026, from https://agriculture.statizoid.com/stat/crops-gross-production-value-constant-2014-2016-thousand-i-per-unit-of-gdp/iceland/

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How this figure is calculated

Crops — Gross Production Value (constant 2014-2016 thousand I$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Crops — Gross Production Value (constant 2014-2016 thousand I$) ÷ GDP (current US$)

Computed from

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

Indicator
Crops — Gross Production Value (constant 2014-2016 thousand I$), per unit of GDP
Unit
1000 Int$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
172 places, 9,311 data points, 1961–2024
Last refreshed

Crops — Gross Production Value (constant 2014-2016 thousand I$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.