Food — Gross Production Value in Iceland

Iceland: Food — Gross Production Value was 176,416 1000 Int$ in 2024. ▲ Rising

Latest (2024)
176,416 1000 Int$
Change on year
up 0.0%
World rank
155th
of 196 countries
All-time high
185,667 1000 Int$
in 2018
All-time low
118,078 1000 Int$
in 1996
Years of data
64
1961–2024

Food — Gross Production Value in Iceland, 1961–2024

050.0k100.0k150.0k200.0k196119922024

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

Analysis

The most recent figure for food — gross production value in Iceland is 176,416 1000 Int$, measured in 2024.

That represents a change of up 7.7% over ten years.

Over the whole period, food — gross production value in Iceland peaked at 185,667 1000 Int$ in 2018 and was at its lowest, 118,078 1000 Int$, in 1996.

Iceland ranks 155th of 196 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 64 years of available data.

Food — Gross Production Value in Iceland, year by year

Annual values for Food — Gross Production Value (constant 2014-2016 thousand I$) in Iceland, 1961 to 2024.
Year 1000 Int$ Change
1961 127,751 1000 Int$
1962 134,814 1000 Int$ +5.5%
1963 132,495 1000 Int$ -1.7%
1964 129,893 1000 Int$ -2.0%
1965 137,962 1000 Int$ +6.2%
1966 131,285 1000 Int$ -4.8%
1967 139,211 1000 Int$ +6.0%
1968 129,506 1000 Int$ -7.0%
1969 129,280 1000 Int$ -0.2%
1970 126,608 1000 Int$ -2.1%
1971 126,577 1000 Int$ -0.0%
1972 135,883 1000 Int$ +7.4%
1973 140,340 1000 Int$ +3.3%
1974 148,219 1000 Int$ +5.6%
1975 151,124 1000 Int$ +2.0%
1976 148,372 1000 Int$ -1.8%
1977 149,985 1000 Int$ +1.1%
1978 159,558 1000 Int$ +6.4%
1979 160,661 1000 Int$ +0.7%
1980 150,638 1000 Int$ -6.2%
1981 151,178 1000 Int$ +0.4%
1982 150,284 1000 Int$ -0.6%
1983 147,224 1000 Int$ -2.0%
1984 147,995 1000 Int$ +0.5%
1985 151,155 1000 Int$ +2.1%
1986 152,935 1000 Int$ +1.2%
1987 145,462 1000 Int$ -4.9%
1988 128,405 1000 Int$ -11.7%
1989 121,551 1000 Int$ -5.3%
1990 122,378 1000 Int$ +0.7%
1991 125,246 1000 Int$ +2.3%
1992 122,845 1000 Int$ -1.9%
1993 118,174 1000 Int$ -3.8%
1994 121,591 1000 Int$ +2.9%
1995 120,418 1000 Int$ -1.0%
1996 118,078 1000 Int$ -1.9%
1997 119,373 1000 Int$ +1.1%
1998 123,127 1000 Int$ +3.1%
1999 129,179 1000 Int$ +4.9%
2000 134,057 1000 Int$ +3.8%
2001 132,917 1000 Int$ -0.9%
2002 136,899 1000 Int$ +3.0%
2003 138,427 1000 Int$ +1.1%
2004 138,512 1000 Int$ +0.1%
2005 138,144 1000 Int$ -0.3%
2006 142,587 1000 Int$ +3.2%
2007 150,683 1000 Int$ +5.7%
2008 152,924 1000 Int$ +1.5%
2009 152,291 1000 Int$ -0.4%
2010 153,354 1000 Int$ +0.7%
2011 155,003 1000 Int$ +1.1%
2012 160,728 1000 Int$ +3.7%
2013 159,173 1000 Int$ -1.0%
2014 163,832 1000 Int$ +2.9%
2015 171,560 1000 Int$ +4.7%
2016 178,946 1000 Int$ +4.3%
2017 185,035 1000 Int$ +3.4%
2018 185,667 1000 Int$ +0.3%
2019 184,234 1000 Int$ -0.8%
2020 180,174 1000 Int$ -2.2%
2021 178,621 1000 Int$ -0.9%
2022 175,502 1000 Int$ -1.7%
2023 176,382 1000 Int$ +0.5%
2024 176,416 1000 Int$ +0.0%

Averages by decade

DecadeAverage LowestHighest Years
1960s 132,466 1000 Int$ 127,751 1000 Int$ 139,211 1000 Int$ 9
1970s 144,733 1000 Int$ 126,577 1000 Int$ 160,661 1000 Int$ 10
1980s 144,683 1000 Int$ 121,551 1000 Int$ 152,935 1000 Int$ 10
1990s 122,041 1000 Int$ 118,078 1000 Int$ 129,179 1000 Int$ 10
2000s 141,744 1000 Int$ 132,917 1000 Int$ 152,924 1000 Int$ 10
2010s 169,753 1000 Int$ 153,354 1000 Int$ 185,667 1000 Int$ 10
2020s 177,419 1000 Int$ 175,502 1000 Int$ 180,174 1000 Int$ 5

Countries ranked near Iceland

  1. 152 Montenegro 178,367 1000 Int$ compare
  2. 153 Vanuatu 177,946 1000 Int$ compare
  3. 154 Bahrain 176,693 1000 Int$ compare
  4. 156 Gambia 175,866 1000 Int$ compare
  5. 157 Qatar 168,050 1000 Int$ compare
  6. 158 Lesotho 166,065 1000 Int$ compare

See the full ranking of 245 places →

More agriculture & rural data for Iceland

All data for Iceland →

Frequently asked questions

What is food — gross production value in Iceland?
Food — gross production value in Iceland was 176,416 1000 Int$ in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest food — gross production value recorded in Iceland?
The highest recorded value was 185,667 1000 Int$ in 2018.
What is the lowest food — gross production value recorded in Iceland?
The lowest recorded value was 118,078 1000 Int$ in 1996.
How does Iceland rank for food — gross production value?
Iceland ranks 155th out of 196 countries with data for 2024.
Is food — gross production value rising or falling in Iceland?
Over the last ten years it is up 7.7%. 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 Food — Gross Production Value (constant 2014-2016 thousand I$). Statizoid updates them automatically from the source API.

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Food — Gross Production Value in Iceland. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 27 August 2026, from https://agriculture.statizoid.com/stat/food-gross-production-value-constant-2014-2016-thousand-i/iceland/

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About this data

Indicator
Food — Gross Production Value (constant 2014-2016 thousand I$)
Unit
1000 Int$
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
245 places, 14,180 data points, 1961–2024
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.