Food — Gross Production Value (constant 2014-2016 thousand I$), per in Iceland
Iceland: Food — Gross Production Value (constant 2014-2016 thousand I$), per was 0 1000 Int$ per US$ of GDP in 2024. ◆ Volatile
Food — Gross Production Value (constant 2014-2016 thousand I$), per in Iceland, 1961–2024
Source: Statizoid (derived). Measured in 1000 Int$ per US$ of GDP.
Analysis
In 2024, food — 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.
The figure is down 4.5% on the previous year and down 41.4% over ten years.
Over the whole period, food — gross production value (constant 2014-2016 thousand i$), per in Iceland peaked at 0.0005 1000 Int$ per US$ of GDP in 1961 and was at its lowest, 0 1000 Int$ per US$ of GDP, in 2024.
Iceland ranks 152nd 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.
Food — Gross Production Value (constant 2014-2016 thousand I$), per in Iceland, year by year
| Year | 1000 Int$ per US$ of GDP | Change |
|---|---|---|
| 1961 | 0.0005 1000 Int$ per US$ of GDP | — |
| 1962 | 0.0005 1000 Int$ per US$ of GDP | -6.0% |
| 1963 | 0.0004 1000 Int$ per US$ of GDP | -17.7% |
| 1964 | 0.0003 1000 Int$ per US$ of GDP | -23.2% |
| 1965 | 0.0003 1000 Int$ per US$ of GDP | -11.9% |
| 1966 | 0.0002 1000 Int$ per US$ of GDP | -20.8% |
| 1967 | 0.0002 1000 Int$ per US$ of GDP | +7.3% |
| 1968 | 0.0003 1000 Int$ per US$ of GDP | +21.8% |
| 1969 | 0.0003 1000 Int$ per US$ of GDP | +14.2% |
| 1970 | 0.0002 1000 Int$ per US$ of GDP | -21.7% |
| 1971 | 0.0002 1000 Int$ per US$ of GDP | -21.4% |
| 1972 | 0.0002 1000 Int$ per US$ of GDP | -14.3% |
| 1973 | 0.0001 1000 Int$ per US$ of GDP | -24.9% |
| 1974 | 0.0001 1000 Int$ per US$ of GDP | -19.5% |
| 1975 | 0.0001 1000 Int$ per US$ of GDP | +9.8% |
| 1976 | 0.0001 1000 Int$ per US$ of GDP | -17.3% |
| 1977 | 0.0001 1000 Int$ per US$ of GDP | -23.6% |
| 1978 | 0.0001 1000 Int$ per US$ of GDP | -6.5% |
| 1979 | 0.0001 1000 Int$ per US$ of GDP | -11.4% |
| 1980 | 0 1000 Int$ per US$ of GDP | -20.9% |
| 1981 | 0 1000 Int$ per US$ of GDP | -2.8% |
| 1982 | 0 1000 Int$ per US$ of GDP | +8.3% |
| 1983 | 0.0001 1000 Int$ per US$ of GDP | +13.6% |
| 1984 | 0 1000 Int$ per US$ of GDP | -2.9% |
| 1985 | 0 1000 Int$ per US$ of GDP | -2.0% |
| 1986 | 0 1000 Int$ per US$ of GDP | -24.3% |
| 1987 | 0 1000 Int$ per US$ of GDP | -31.3% |
| 1988 | 0 1000 Int$ per US$ of GDP | -20.2% |
| 1989 | 0 1000 Int$ per US$ of GDP | +1.9% |
| 1990 | 0 1000 Int$ per US$ of GDP | -11.7% |
| 1991 | 0 1000 Int$ per US$ of GDP | -4.2% |
| 1992 | 0 1000 Int$ per US$ of GDP | -4.3% |
| 1993 | 0 1000 Int$ per US$ of GDP | +9.5% |
| 1994 | 0 1000 Int$ per US$ of GDP | +0.1% |
| 1995 | 0 1000 Int$ per US$ of GDP | -11.2% |
| 1996 | 0 1000 Int$ per US$ of GDP | -5.9% |
| 1997 | 0 1000 Int$ per US$ of GDP | +0.7% |
| 1998 | 0 1000 Int$ per US$ of GDP | -7.9% |
| 1999 | 0 1000 Int$ per US$ of GDP | -0.5% |
| 2000 | 0 1000 Int$ per US$ of GDP | +3.4% |
| 2001 | 0 1000 Int$ per US$ of GDP | +8.9% |
| 2002 | 0 1000 Int$ per US$ of GDP | -9.0% |
| 2003 | 0 1000 Int$ per US$ of GDP | -17.7% |
| 2004 | 0 1000 Int$ per US$ of GDP | -17.1% |
| 2005 | 0 1000 Int$ per US$ of GDP | -18.8% |
| 2006 | 0 1000 Int$ per US$ of GDP | +0.1% |
| 2007 | 0 1000 Int$ per US$ of GDP | -15.0% |
| 2008 | 0 1000 Int$ per US$ of GDP | +22.1% |
| 2009 | 0 1000 Int$ per US$ of GDP | +37.5% |
| 2010 | 0 1000 Int$ per US$ of GDP | -4.4% |
| 2011 | 0 1000 Int$ per US$ of GDP | -8.6% |
| 2012 | 0 1000 Int$ per US$ of GDP | +6.8% |
| 2013 | 0 1000 Int$ per US$ of GDP | -8.9% |
| 2014 | 0 1000 Int$ per US$ of GDP | -7.4% |
| 2015 | 0 1000 Int$ per US$ of GDP | +6.8% |
| 2016 | 0 1000 Int$ per US$ of GDP | -12.4% |
| 2017 | 0 1000 Int$ per US$ of GDP | -13.0% |
| 2018 | 0 1000 Int$ per US$ of GDP | -5.7% |
| 2019 | 0 1000 Int$ per US$ of GDP | +5.9% |
| 2020 | 0 1000 Int$ per US$ of GDP | +10.9% |
| 2021 | 0 1000 Int$ per US$ of GDP | -16.7% |
| 2022 | 0 1000 Int$ per US$ of GDP | -11.7% |
| 2023 | 0 1000 Int$ per US$ of GDP | -7.5% |
| 2024 | 0 1000 Int$ per US$ of GDP | -4.5% |
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, 43% 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, 19% of the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0003 1000 Int$ per US$ of GDP | 0.0002 1000 Int$ per US$ of GDP | 0.0005 1000 Int$ per US$ of GDP | 9 |
| 1970s | 0.0001 1000 Int$ per US$ of GDP | 0.0001 1000 Int$ per US$ of GDP | 0.0002 1000 Int$ per US$ of GDP | 10 |
| 1980s | 0 1000 Int$ per US$ of GDP | 0 1000 Int$ per US$ of GDP | 0.0001 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
- 149 Saudi Arabia 0 1000 Int$ per US$ of GDP compare
- 150 Equatorial Guinea 0 1000 Int$ per US$ of GDP compare
- 151 Trinidad and Tobago 0 1000 Int$ per US$ of GDP compare
- 153 French Polynesia 0 1000 Int$ per US$ of GDP compare
- 154 Nauru 0 1000 Int$ per US$ of GDP compare
- 155 New Caledonia 0 1000 Int$ per US$ of GDP 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 food — gross production value (constant 2014-2016 thousand i$), per in Iceland?
- Food — gross production value (constant 2014-2016 thousand i$), per in Iceland was 0 1000 Int$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest food — gross production value (constant 2014-2016 thousand i$), per recorded in Iceland?
- The highest recorded value was 0.0005 1000 Int$ per US$ of GDP in 1961.
- What is the lowest food — 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 food — gross production value (constant 2014-2016 thousand i$), per?
- Iceland ranks 152nd out of 171 countries with data for 2024.
- Is food — gross production value (constant 2014-2016 thousand i$), per rising or falling in Iceland?
- Over the last ten years it is down 41.4%. 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 Food — Gross Production Value (constant 2014-2016 thousand I$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Food — Gross Production Value (constant 2014-2016 thousand I$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Food — Gross Production Value (constant 2014-2016 thousand I$) ÷ GDP (current US$)
Computed from
- Food — Gross Production Value Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Food — Gross Production Value (constant 2014-2016 thousand I$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.