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

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

Latest (2024)
0 1000 USD per US$ of GDP
Change on year
down 18.4%
World rank
136th
of 140 countries
All-time high
0.0001 1000 USD per US$ of GDP
in 1961
All-time low
0 1000 USD per US$ of GDP
in 2024
Years of data
64
1961–2024

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

0000196119922024

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

Analysis

Iceland recorded 0 1000 USD per US$ of GDP for crops — gross production value (constant 2014-2016 thousand us$), per in 2024. That is the lowest value across all 64 years on record.

Compared with earlier readings it is down 18.4% on the previous year and down 53.0% over ten years.

Over the whole period, crops — gross production value (constant 2014-2016 thousand us$), per in Iceland peaked at 0.0001 1000 USD per US$ of GDP in 1961 and was at its lowest, 0 1000 USD per US$ of GDP, in 2024.

That places Iceland 136th out of 140 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.

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

Annual values for Crops — Gross Production Value (constant 2014-2016 thousand US$), per unit of GDP in Iceland, 1961 to 2024.
Year 1000 USD per US$ of GDP Change
1961 0.0001 1000 USD per US$ of GDP
1962 0 1000 USD per US$ of GDP -28.2%
1963 0 1000 USD per US$ of GDP -24.1%
1964 0 1000 USD per US$ of GDP -23.1%
1965 0 1000 USD per US$ of GDP +16.3%
1966 0 1000 USD per US$ of GDP -65.5%
1967 0 1000 USD per US$ of GDP +49.4%
1968 0 1000 USD per US$ of GDP +16.5%
1969 0 1000 USD per US$ of GDP -1.0%
1970 0 1000 USD per US$ of GDP -10.5%
1971 0 1000 USD per US$ of GDP +42.9%
1972 0 1000 USD per US$ of GDP -38.7%
1973 0 1000 USD per US$ of GDP -43.8%
1974 0 1000 USD per US$ of GDP +41.8%
1975 0 1000 USD per US$ of GDP -38.9%
1976 0 1000 USD per US$ of GDP -7.6%
1977 0 1000 USD per US$ of GDP -16.1%
1978 0 1000 USD per US$ of GDP +36.7%
1979 0 1000 USD per US$ of GDP -46.9%
1980 0 1000 USD per US$ of GDP +61.8%
1981 0 1000 USD per US$ of GDP -25.5%
1982 0 1000 USD per US$ of GDP +32.6%
1983 0 1000 USD per US$ of GDP -44.4%
1984 0 1000 USD per US$ of GDP +162.8%
1985 0 1000 USD per US$ of GDP -27.8%
1986 0 1000 USD per US$ of GDP -10.0%
1987 0 1000 USD per US$ of GDP -23.3%
1988 0 1000 USD per US$ of GDP -40.3%
1989 0 1000 USD per US$ of GDP -5.5%
1990 0 1000 USD per US$ of GDP -12.7%
1991 0 1000 USD per US$ of GDP +68.2%
1992 0 1000 USD per US$ of GDP -24.0%
1993 0 1000 USD per US$ of GDP +10.0%
1994 0 1000 USD per US$ of GDP +21.3%
1995 0 1000 USD per US$ of GDP -31.6%
1996 0 1000 USD per US$ of GDP +29.3%
1997 0 1000 USD per US$ of GDP -18.2%
1998 0 1000 USD per US$ of GDP +10.1%
1999 0 1000 USD per US$ of GDP -17.6%
2000 0 1000 USD per US$ of GDP +11.4%
2001 0 1000 USD per US$ of GDP +20.9%
2002 0 1000 USD per US$ of GDP -30.4%
2003 0 1000 USD per US$ of GDP -9.2%
2004 0 1000 USD per US$ of GDP +1.2%
2005 0 1000 USD per US$ of GDP -9.3%
2006 0 1000 USD per US$ of GDP +2.9%
2007 0 1000 USD per US$ of GDP -19.6%
2008 0 1000 USD per US$ of GDP +21.3%
2009 0 1000 USD per US$ of GDP +25.8%
2010 0 1000 USD per US$ of GDP +4.8%
2011 0 1000 USD per US$ of GDP -23.0%
2012 0 1000 USD per US$ of GDP +20.3%
2013 0 1000 USD per US$ of GDP -30.3%
2014 0 1000 USD per US$ of GDP +8.2%
2015 0 1000 USD per US$ of GDP +5.2%
2016 0 1000 USD per US$ of GDP -9.6%
2017 0 1000 USD per US$ of GDP -20.2%
2018 0 1000 USD per US$ of GDP -25.9%
2019 0 1000 USD per US$ of GDP +32.3%
2020 0 1000 USD per US$ of GDP +8.2%
2021 0 1000 USD per US$ of GDP -18.4%
2022 0 1000 USD per US$ of GDP -0.7%
2023 0 1000 USD per US$ of GDP -11.8%
2024 0 1000 USD per US$ of GDP -18.4%

Biggest year-on-year movements

Years where Crops — Gross Production Value (constant 2014-2016 thousand US$), 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 +162.8% 0 1000 USD per US$ of GDP 0 1000 USD per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1960s 0 1000 USD per US$ of GDP 0 1000 USD per US$ of GDP 0.0001 1000 USD per US$ of GDP 9
1970s 0 1000 USD per US$ of GDP 0 1000 USD per US$ of GDP 0 1000 USD per US$ of GDP 10
1980s 0 1000 USD per US$ of GDP 0 1000 USD per US$ of GDP 0 1000 USD per US$ of GDP 10
1990s 0 1000 USD per US$ of GDP 0 1000 USD per US$ of GDP 0 1000 USD per US$ of GDP 10
2000s 0 1000 USD per US$ of GDP 0 1000 USD per US$ of GDP 0 1000 USD per US$ of GDP 10
2010s 0 1000 USD per US$ of GDP 0 1000 USD per US$ of GDP 0 1000 USD per US$ of GDP 10
2020s 0 1000 USD per US$ of GDP 0 1000 USD per US$ of GDP 0 1000 USD per US$ of GDP 5

Countries ranked near Iceland

  1. 133 Kuwait 0 1000 USD per US$ of GDP compare
  2. 134 Ireland 0 1000 USD per US$ of GDP compare
  3. 135 Malta 0 1000 USD per US$ of GDP compare
  4. 137 Maldives 0 1000 USD per US$ of GDP compare
  5. 138 Luxembourg 0 1000 USD per US$ of GDP compare
  6. 139 Qatar 0 1000 USD per US$ of GDP compare

See the full ranking of 141 places →

More agriculture & rural data for Iceland

All data for Iceland →

Frequently asked questions

What is crops — gross production value (constant 2014-2016 thousand us$), per in Iceland?
Crops — gross production value (constant 2014-2016 thousand us$), per in Iceland was 0 1000 USD per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest crops — gross production value (constant 2014-2016 thousand us$), per recorded in Iceland?
The highest recorded value was 0.0001 1000 USD per US$ of GDP in 1961.
What is the lowest crops — gross production value (constant 2014-2016 thousand us$), per recorded in Iceland?
The lowest recorded value was 0 1000 USD per US$ of GDP in 2024.
How does Iceland rank for crops — gross production value (constant 2014-2016 thousand us$), per?
Iceland ranks 136th out of 140 countries with data for 2024.
Is crops — gross production value (constant 2014-2016 thousand us$), per rising or falling in Iceland?
Over the last ten years it is down 53.0%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Crops — Gross Production Value (constant 2014-2016 thousand US$), per in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 24 September 2026, from https://agriculture.statizoid.com/stat/crops-gross-production-value-constant-2014-2016-thousand-us-per-unit-of-gdp/iceland/

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How this figure is calculated

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

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 US$), per unit of GDP
Unit
1000 USD per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
141 places, 7,599 data points, 1961–2024
Last refreshed

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