Crops — Gross Production Value in Iceland
Iceland: Crops — Gross Production Value was 23,179 1000 USD in 2024. ▲ Rising
Crops — Gross Production Value in Iceland, 1961–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.
Analysis
The most recent figure for crops — gross production value in Iceland is 23,179 1000 USD, measured in 2024.
The figure is down 14.6% on the previous year and down 13.6% over ten years.
Over the whole period, crops — gross production value in Iceland peaked at 29,828 1000 USD in 2016 and was at its lowest, 5,711 1000 USD, in 1966.
Iceland ranks 143rd of 149 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 64 years of available data.
Crops — Gross Production Value in Iceland, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1961 | 13,683 1000 USD | — |
| 1962 | 11,026 1000 USD | -19.4% |
| 1963 | 9,995 1000 USD | -9.4% |
| 1964 | 9,814 1000 USD | -1.8% |
| 1965 | 13,769 1000 USD | +40.3% |
| 1966 | 5,711 1000 USD | -58.5% |
| 1967 | 8,428 1000 USD | +47.6% |
| 1968 | 7,499 1000 USD | -11.0% |
| 1969 | 6,490 1000 USD | -13.5% |
| 1970 | 7,271 1000 USD | +12.0% |
| 1971 | 13,223 1000 USD | +81.9% |
| 1972 | 10,155 1000 USD | -23.2% |
| 1973 | 7,846 1000 USD | -22.7% |
| 1974 | 14,599 1000 USD | +86.1% |
| 1975 | 8,288 1000 USD | -43.2% |
| 1976 | 9,092 1000 USD | +9.7% |
| 1977 | 10,088 1000 USD | +11.0% |
| 1978 | 15,687 1000 USD | +55.5% |
| 1979 | 9,454 1000 USD | -39.7% |
| 1980 | 18,123 1000 USD | +91.7% |
| 1981 | 13,952 1000 USD | -23.0% |
| 1982 | 16,984 1000 USD | +21.7% |
| 1983 | 8,147 1000 USD | -52.0% |
| 1984 | 22,170 1000 USD | +172.1% |
| 1985 | 16,686 1000 USD | -24.7% |
| 1986 | 20,085 1000 USD | +20.4% |
| 1987 | 21,327 1000 USD | +6.2% |
| 1988 | 14,089 1000 USD | -33.9% |
| 1989 | 12,367 1000 USD | -12.2% |
| 1990 | 12,310 1000 USD | -0.5% |
| 1991 | 22,112 1000 USD | +79.6% |
| 1992 | 17,220 1000 USD | -22.1% |
| 1993 | 16,641 1000 USD | -3.4% |
| 1994 | 20,732 1000 USD | +24.6% |
| 1995 | 15,806 1000 USD | -23.8% |
| 1996 | 21,306 1000 USD | +34.8% |
| 1997 | 17,506 1000 USD | -17.8% |
| 1998 | 21,583 1000 USD | +23.3% |
| 1999 | 18,743 1000 USD | -13.2% |
| 2000 | 20,954 1000 USD | +11.8% |
| 2001 | 23,062 1000 USD | +10.1% |
| 2002 | 18,171 1000 USD | -21.2% |
| 2003 | 20,275 1000 USD | +11.6% |
| 2004 | 24,764 1000 USD | +22.1% |
| 2005 | 27,566 1000 USD | +11.3% |
| 2006 | 29,227 1000 USD | +6.0% |
| 2007 | 29,209 1000 USD | -0.1% |
| 2008 | 29,452 1000 USD | +0.8% |
| 2009 | 26,822 1000 USD | -8.9% |
| 2010 | 29,626 1000 USD | +10.5% |
| 2011 | 25,210 1000 USD | -14.9% |
| 2012 | 29,436 1000 USD | +16.8% |
| 2013 | 22,318 1000 USD | -24.2% |
| 2014 | 26,842 1000 USD | +20.3% |
| 2015 | 27,691 1000 USD | +3.2% |
| 2016 | 29,828 1000 USD | +7.7% |
| 2017 | 28,291 1000 USD | -5.2% |
| 2018 | 22,310 1000 USD | -21.1% |
| 2019 | 27,636 1000 USD | +23.9% |
| 2020 | 26,375 1000 USD | -4.6% |
| 2021 | 25,628 1000 USD | -2.8% |
| 2022 | 28,313 1000 USD | +10.5% |
| 2023 | 27,146 1000 USD | -4.1% |
| 2024 | 23,179 1000 USD | -14.6% |
Iceland compared with similar countries
- Iceland's 23,179 1000 USD is below the median for high income countries, which is 1.59 million 1000 USD, 1% of the median. (51 countries reporting)
- Iceland's 23,179 1000 USD is below the median for Europe & Central Asia, which is 2.06 million 1000 USD, 1% of the median. (41 countries reporting)
Biggest year-on-year movements
Years where Crops — 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.
| Year | Change | From | To |
|---|---|---|---|
| 1984 | +172.1% | 8,147 1000 USD | 22,170 1000 USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9,602 1000 USD | 5,711 1000 USD | 13,769 1000 USD | 9 |
| 1970s | 10,570 1000 USD | 7,271 1000 USD | 15,687 1000 USD | 10 |
| 1980s | 16,393 1000 USD | 8,147 1000 USD | 22,170 1000 USD | 10 |
| 1990s | 18,396 1000 USD | 12,310 1000 USD | 22,112 1000 USD | 10 |
| 2000s | 24,950 1000 USD | 18,171 1000 USD | 29,452 1000 USD | 10 |
| 2010s | 26,919 1000 USD | 22,310 1000 USD | 29,828 1000 USD | 10 |
| 2020s | 26,128 1000 USD | 23,179 1000 USD | 28,313 1000 USD | 5 |
Countries ranked near Iceland
- 140 China, Hong Kong SAR 35,701 1000 USD compare
- 141 Malta 27,204 1000 USD compare
- 142 Grenada 25,614 1000 USD compare
- 144 Singapore 21,386 1000 USD compare
- 145 Seychelles 16,562 1000 USD compare
- 146 Saint Kitts and Nevis 9,818 1000 USD compare
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 crops — gross production value in Iceland?
- Crops — gross production value in Iceland was 23,179 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest crops — gross production value recorded in Iceland?
- The highest recorded value was 29,828 1000 USD in 2016.
- What is the lowest crops — gross production value recorded in Iceland?
- The lowest recorded value was 5,711 1000 USD in 1966.
- How does Iceland rank for crops — gross production value?
- Iceland ranks 143rd out of 149 countries with data for 2024.
- Is crops — gross production value rising or falling in Iceland?
- Over the last ten years it is down 13.6%. 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 Crops — Gross Production Value (constant 2014-2016 thousand US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
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.