Crops — Gross Production Value in Iceland

Iceland: Crops — Gross Production Value was 32,435 1000 USD in 2024. ▲ Rising

Latest (2024)
32,435 1000 USD
Change on year
down 7.7%
World rank
164th
of 178 countries
All-time high
35,157 1000 USD
in 2023
All-time low
10,862 1000 USD
in 2002
Years of data
34
1991–2024

Crops — Gross Production Value in Iceland, 1991–2024

10.0k15.0k20.0k25.0k30.0k35.0k1991200720241991: 16.1k 1000 USD1992: 13.6k 1000 USD1993: 13.4k 1000 USD1994: 12.2k 1000 USD1995: 13.0k 1000 USD1996: 17.0k 1000 USD1997: 12.8k 1000 USD1998: 13.6k 1000 USD1999: 14.6k 1000 USD2000: 13.9k 1000 USD2001: 12.8k 1000 USD2002: 10.9k 1000 USD2003: 15.7k 1000 USD2004: 19.3k 1000 USD2005: 24.7k 1000 USD2006: 23.3k 1000 USD2007: 28.4k 1000 USD2008: 32.2k 1000 USD2009: 23.7k 1000 USD2010: 25.6k 1000 USD2011: 24.4k 1000 USD2012: 25.2k 1000 USD2013: 20.3k 1000 USD2014: 28.5k 1000 USD2015: 25.2k 1000 USD2016: 30.4k 1000 USD2017: 32.1k 1000 USD2018: 27.3k 1000 USD2019: 30.6k 1000 USD2020: 28.2k 1000 USD2021: 29.8k 1000 USD2022: 33.7k 1000 USD2023: 35.2k 1000 USD2024: 32.4k 1000 USD

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

Analysis

In 2024, crops — gross production value in Iceland stood at 32,435 1000 USD.

That represents a change of down 7.7% on the previous year and up 14.0% over ten years.

Over the whole period, crops — gross production value in Iceland peaked at 35,157 1000 USD in 2023 and was at its lowest, 10,862 1000 USD, in 2002.

Iceland ranks 164th of 178 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 14,043 1000 USD 12,237 1000 USD 17,019 1000 USD 9
2000s 20,487 1000 USD 10,862 1000 USD 32,177 1000 USD 10
2010s 26,950 1000 USD 20,312 1000 USD 32,058 1000 USD 10
2020s 31,877 1000 USD 28,240 1000 USD 35,157 1000 USD 5

Countries ranked near Iceland

  1. 161 China, Hong Kong SAR 49,077 1000 USD compare
  2. 162 Martinique 36,834 1000 USD compare
  3. 163 Singapore 32,923 1000 USD compare
  4. 165 Sudan 27,497 1000 USD compare
  5. 166 Grenada 27,290 1000 USD compare
  6. 167 Botswana 26,292 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 crops — gross production value in Iceland?
Crops — gross production value in Iceland was 32,435 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 35,157 1000 USD in 2023.
What is the lowest crops — gross production value recorded in Iceland?
The lowest recorded value was 10,862 1000 USD in 2002.
How does Iceland rank for crops — gross production value?
Iceland ranks 164th out of 178 countries with data for 2024.
Is crops — gross production value rising or falling in Iceland?
Over the last ten years it is up 14.0%. 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 (current thousand US$). Statizoid updates them automatically from the source API.

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Crops — Gross Production Value in Iceland. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 15 August 2026, from https://agriculture.statizoid.com/stat/crops-gross-production-value-current-thousand-us/iceland/

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About this data

Indicator
Crops — 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
211 places, 6,237 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.