Estimates of Support to Agriculture — Based on variable input use in Iceland
Iceland: Estimates of Support to Agriculture — Based on variable input use was 3.26 Euro in 2024. ◆ Volatile
Estimates of Support to Agriculture — Based on variable input use in Iceland, 1986–2024
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
The most recent figure for estimates of support to agriculture — based on variable input use in Iceland is 3.26 Euro, measured in 2024.
That represents a change of down 12.4% on the previous year and up 66.0% over ten years.
Over the whole period, estimates of support to agriculture — based on variable input use in Iceland peaked at 4.24 Euro in 1986 and was at its lowest, 0 Euro, in 1991.
That places Iceland 21st out of 23 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.
Estimates of Support to Agriculture — Based on variable input use in Iceland, year by year
| Year | Euro | Change |
|---|---|---|
| 1986 | 4.24 Euro | — |
| 1987 | 2.69 Euro | -36.5% |
| 1988 | 1.86 Euro | -30.7% |
| 1989 | 0.3503 Euro | -81.2% |
| 1990 | 2.89 Euro | +724.4% |
| 1991 | 0 Euro | -100.0% |
| 1992 | 0 Euro | — |
| 1993 | 0 Euro | — |
| 1994 | 0 Euro | — |
| 1995 | 0 Euro | — |
| 1996 | 0 Euro | — |
| 1997 | 0 Euro | — |
| 1998 | 0 Euro | — |
| 1999 | 0 Euro | — |
| 2000 | 0 Euro | — |
| 2001 | 0 Euro | — |
| 2002 | 0.1961 Euro | — |
| 2003 | 0.3918 Euro | +99.8% |
| 2004 | 0.4875 Euro | +24.4% |
| 2005 | 1.41 Euro | +190.0% |
| 2006 | 1.25 Euro | -11.7% |
| 2007 | 1.71 Euro | +36.7% |
| 2008 | 1.38 Euro | -19.1% |
| 2009 | 0.8891 Euro | -35.6% |
| 2010 | 1.24 Euro | +39.1% |
| 2011 | 1.32 Euro | +6.7% |
| 2012 | 1.39 Euro | +5.4% |
| 2013 | 1.41 Euro | +1.1% |
| 2014 | 1.97 Euro | +39.8% |
| 2015 | 1.87 Euro | -4.9% |
| 2016 | 2.35 Euro | +25.9% |
| 2017 | 2.32 Euro | -1.5% |
| 2018 | 2.17 Euro | -6.2% |
| 2019 | 2.03 Euro | -6.8% |
| 2020 | 2.42 Euro | +19.7% |
| 2021 | 2.48 Euro | +2.5% |
| 2022 | 3.61 Euro | +45.5% |
| 2023 | 3.72 Euro | +3.0% |
| 2024 | 3.26 Euro | -12.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.29 Euro | 0.3503 Euro | 4.24 Euro | 4 |
| 1990s | 0.2888 Euro | 0 Euro | 2.89 Euro | 10 |
| 2000s | 0.7713 Euro | 0 Euro | 1.71 Euro | 10 |
| 2010s | 1.81 Euro | 1.24 Euro | 2.35 Euro | 10 |
| 2020s | 3.1 Euro | 2.42 Euro | 3.72 Euro | 5 |
Countries ranked near Iceland
- 18 Israel 56.45 Euro compare
- 19 Japan 23.7 Euro compare
- 20 Costa Rica 18.86 Euro compare
- 22 Argentina 0.4278 Euro compare
- 23 New Zealand 0 Euro 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)
- Agriculture share gdp 3.65 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 3.65 (2025)
- Agricultural raw materials exports 0.5% (2025)
- Agricultural raw materials imports 1.0% (2025)
Frequently asked questions
- What is estimates of support to agriculture — based on variable input use in Iceland?
- Estimates of support to agriculture — based on variable input use in Iceland was 3.26 Euro in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest estimates of support to agriculture — based on variable input use recorded in Iceland?
- The highest recorded value was 4.24 Euro in 1986.
- What is the lowest estimates of support to agriculture — based on variable input use recorded in Iceland?
- The lowest recorded value was 0 Euro in 1991.
- How does Iceland rank for estimates of support to agriculture — based on variable input use?
- Iceland ranks 21st out of 23 countries with data for 2024.
- Is estimates of support to agriculture — based on variable input use rising or falling in Iceland?
- Over the last ten years it is up 66.0%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Estimates of Support to Agriculture — Based on variable input use. Statizoid updates them automatically from the source API.
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About this data
This dataset is a complement to the report Agricultural Policy Monitoring and Evaluation 2025, which monitors agricultural policy developments in 38 OECD member countries, 5 non-OECD European Union member states and 11 emerging and developing economies: Argentina, Brazil, People’s Republic of China, India, Indonesia, Kazakhstan, the Philippines, the Russian Federation, South Africa, Ukraine and Viet Nam. This table presents the core indicators of support for the agricultural sector by country.