Livestock — Gross Production Value in Iceland

Iceland: Livestock — Gross Production Value was 240,468 1000 USD in 2024. ▲ Rising

Latest (2024)
240,468 1000 USD
Change on year
up 1.5%
World rank
111th
of 144 countries
All-time high
249,712 1000 USD
in 2018
All-time low
148,038 1000 USD
in 1993
Years of data
64
1961–2024

Livestock — Gross Production Value in Iceland, 1961–2024

050.0k100.0k150.0k200.0k250.0k196119922024

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

Analysis

The most recent figure for livestock — gross production value in Iceland is 240,468 1000 USD, measured in 2024.

Compared with earlier readings it is up 1.5% on the previous year and up 11.1% over ten years.

Over the whole period, livestock — gross production value in Iceland peaked at 249,712 1000 USD in 2018 and was at its lowest, 148,038 1000 USD, in 1993.

That places Iceland 111th out of 144 countries with data for 2024, putting it in the bottom quarter.

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

Livestock — Gross Production Value in Iceland, year by year

Annual values for Livestock — Gross Production Value (constant 2014-2016 thousand US$) in Iceland, 1961 to 2024.
Year 1000 USD Change
1961 153,640 1000 USD
1962 161,543 1000 USD +5.1%
1963 159,866 1000 USD -1.0%
1964 158,438 1000 USD -0.9%
1965 166,679 1000 USD +5.2%
1966 163,567 1000 USD -1.9%
1967 170,608 1000 USD +4.3%
1968 161,560 1000 USD -5.3%
1969 158,652 1000 USD -1.8%
1970 155,052 1000 USD -2.3%
1971 153,828 1000 USD -0.8%
1972 164,663 1000 USD +7.0%
1973 172,805 1000 USD +4.9%
1974 178,492 1000 USD +3.3%
1975 182,913 1000 USD +2.5%
1976 180,202 1000 USD -1.5%
1977 182,717 1000 USD +1.4%
1978 191,976 1000 USD +5.1%
1979 195,207 1000 USD +1.7%
1980 177,237 1000 USD -9.2%
1981 179,192 1000 USD +1.1%
1982 177,594 1000 USD -0.9%
1983 179,276 1000 USD +0.9%
1984 177,843 1000 USD -0.8%
1985 184,724 1000 USD +3.9%
1986 189,870 1000 USD +2.8%
1987 181,257 1000 USD -4.5%
1988 164,545 1000 USD -9.2%
1989 155,518 1000 USD -5.5%
1990 156,726 1000 USD +0.8%
1991 157,769 1000 USD +0.7%
1992 155,962 1000 USD -1.1%
1993 148,038 1000 USD -5.1%
1994 150,962 1000 USD +2.0%
1995 151,420 1000 USD +0.3%
1996 148,648 1000 USD -1.8%
1997 152,313 1000 USD +2.5%
1998 156,202 1000 USD +2.6%
1999 163,652 1000 USD +4.8%
2000 170,619 1000 USD +4.3%
2001 172,273 1000 USD +1.0%
2002 177,933 1000 USD +3.3%
2003 181,720 1000 USD +2.1%
2004 180,401 1000 USD -0.7%
2005 179,393 1000 USD -0.6%
2006 186,412 1000 USD +3.9%
2007 198,983 1000 USD +6.7%
2008 202,237 1000 USD +1.6%
2009 200,943 1000 USD -0.6%
2010 198,653 1000 USD -1.1%
2011 205,682 1000 USD +3.5%
2012 208,990 1000 USD +1.6%
2013 208,931 1000 USD -0.0%
2014 216,507 1000 USD +3.6%
2015 228,927 1000 USD +5.7%
2016 237,388 1000 USD +3.7%
2017 246,593 1000 USD +3.9%
2018 249,712 1000 USD +1.3%
2019 247,166 1000 USD -1.0%
2020 240,368 1000 USD -2.8%
2021 238,122 1000 USD -0.9%
2022 233,488 1000 USD -1.9%
2023 236,821 1000 USD +1.4%
2024 240,468 1000 USD +1.5%

Averages by decade

DecadeAverage LowestHighest Years
1960s 161,617 1000 USD 153,640 1000 USD 170,608 1000 USD 9
1970s 175,786 1000 USD 153,828 1000 USD 195,207 1000 USD 10
1980s 176,706 1000 USD 155,518 1000 USD 189,870 1000 USD 10
1990s 154,169 1000 USD 148,038 1000 USD 163,652 1000 USD 10
2000s 185,091 1000 USD 170,619 1000 USD 202,237 1000 USD 10
2010s 224,855 1000 USD 198,653 1000 USD 249,712 1000 USD 10
2020s 237,853 1000 USD 233,488 1000 USD 240,468 1000 USD 5

Countries ranked near Iceland

  1. 108 Qatar 286,725 1000 USD compare
  2. 109 Luxembourg 241,770 1000 USD compare
  3. 110 Burundi 241,764 1000 USD compare
  4. 112 North Macedonia 218,130 1000 USD compare
  5. 113 Fiji 211,496 1000 USD compare
  6. 114 Zimbabwe 203,541 1000 USD compare

See the full ranking of 188 places →

More agriculture & rural data for Iceland

All data for Iceland →

Frequently asked questions

What is livestock — gross production value in Iceland?
Livestock — gross production value in Iceland was 240,468 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest livestock — gross production value recorded in Iceland?
The highest recorded value was 249,712 1000 USD in 2018.
What is the lowest livestock — gross production value recorded in Iceland?
The lowest recorded value was 148,038 1000 USD in 1993.
How does Iceland rank for livestock — gross production value?
Iceland ranks 111th out of 144 countries with data for 2024.
Is livestock — gross production value rising or falling in Iceland?
Over the last ten years it is up 11.1%. 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 Livestock — Gross Production Value (constant 2014-2016 thousand US$). Statizoid updates them automatically from the source API.

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Livestock — Gross Production Value in Iceland. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 25 August 2026, from https://agriculture.statizoid.com/stat/livestock-gross-production-value-constant-2014-2016-thousand-us/iceland/

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About this data

Indicator
Livestock — Gross Production Value (constant 2014-2016 thousand US$)
Unit
1000 USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
188 places, 11,011 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.