ILO - Modelled Estimates; FAOSTAT - Value added (2015 US$) in Iceland

Iceland: ILO - Modelled Estimates; FAOSTAT - Value added (2015 US$) was 128,536 USD in 2024. β–² Rising

Latest (2024)
128,536 USD
Change on year
down 4.3%
World rank
5th
of 168 countries
All-time high
134,285 USD
in 2023
All-time low
64,137 USD
in 2000
Years of data
34
1991–2024

ILO - Modelled Estimates; FAOSTAT - Value added (2015 US$) in Iceland, 1991–2024

050.0k100.0k150.0k1991200720241991: 69.9k USD1992: 68.1k USD1993: 82.2k USD1994: 78.6k USD1995: 70.6k USD1996: 69.9k USD1997: 75.1k USD1998: 73.3k USD1999: 66.5k USD2000: 64.1k USD2001: 72.5k USD2002: 78.8k USD2003: 80.0k USD2004: 91.6k USD2005: 85.5k USD2006: 82.3k USD2007: 83.2k USD2008: 108.6k USD2009: 111.0k USD2010: 86.4k USD2011: 82.6k USD2012: 88.8k USD2013: 110.3k USD2014: 103.7k USD2015: 112.4k USD2016: 119.1k USD2017: 120.7k USD2018: 117.6k USD2019: 127.5k USD2020: 119.8k USD2021: 129.4k USD2022: 130.0k USD2023: 134.3k USD2024: 128.5k USD

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

Analysis

Iceland recorded 128,536 USD for ilo - modelled estimates; faostat - value added (2015 us$) in 2024.

Compared with earlier readings it is down 4.3% on the previous year and up 24.0% over ten years.

Over the whole period, ilo - modelled estimates; faostat - value added (2015 us$) in Iceland peaked at 134,285 USD in 2023 and was at its lowest, 64,137 USD, in 2000.

That places Iceland 5th out of 168 countries with data for 2024, putting it in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 72,683 USD 66,472 USD 82,229 USD 9
2000s 85,755 USD 64,137 USD 110,956 USD 10
2010s 106,922 USD 82,598 USD 127,462 USD 10
2020s 128,410 USD 119,805 USD 134,285 USD 5

Countries ranked near Iceland

  1. 2 Australia 140,977 USD compare
  2. 3 Israel 132,662 USD compare
  3. 4 Canada 132,599 USD compare
  4. 6 Malta 91,508 USD compare
  5. 7 French Polynesia 88,729 USD compare
  6. 8 Netherlands (Kingdom of the) 85,215 USD compare

See the full ranking of 183 places β†’

More agriculture & rural data for Iceland

All data for Iceland β†’

Frequently asked questions

What is ilo - modelled estimates; faostat - value added (2015 us$) in Iceland?
Ilo - modelled estimates; faostat - value added (2015 us$) in Iceland was 128,536 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest ilo - modelled estimates; faostat - value added (2015 us$) recorded in Iceland?
The highest recorded value was 134,285 USD in 2023.
What is the lowest ilo - modelled estimates; faostat - value added (2015 us$) recorded in Iceland?
The lowest recorded value was 64,137 USD in 2000.
How does Iceland rank for ilo - modelled estimates; faostat - value added (2015 us$)?
Iceland ranks 5th out of 168 countries with data for 2024.
Is ilo - modelled estimates; faostat - value added (2015 us$) rising or falling in Iceland?
Over the last ten years it is up 24.0%. 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 ILO - Modelled Estimates; FAOSTAT - Value added (2015 US$) β€” Agriculture value added per worker (constant 2015 US$) β€” Value. Statizoid updates them automatically from the source API.

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ILO - Modelled Estimates; FAOSTAT - Value added (2015 US$) in Iceland. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 20 August 2026, from https://agriculture.statizoid.com/stat/ilo-modelled-estimates-faostat-value-added-2015-us-agriculture-value-added-per-worker/iceland/

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About this data

Indicator
ILO - Modelled Estimates; FAOSTAT - Value added (2015 US$) β€” Agriculture value added per worker (constant 2015 US$) β€” Value
Unit
USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
183 places, 6,104 data points, 1991–2024
Last refreshed

The FAOSTAT Employment indicators domain focuses on indicators related to employment in agrifood systems and rural areas. The update is performed yearly, using data from the International Labour Organization (ILO) database that contains a rich set of indicators from a wide range of topics related to labour statistics. The indicators published in FAOSTAT are derived from the labour force statistics (LFS) and rural and urban labour markets (RURURB) databases of the ILOSTAT database. In addition, the ILO modelled estimates and projections (ILOEST) are used to provide information on employment in agriculture. FAOSTAT also publishes indicators on employment in agrifood systems (AFS) from 2000 at the national, regional, and global levels, using a methodology developed by the FAO to estimate the number of people employed within these systems.