Livestock — Gross Production Value in Iceland
Iceland: Livestock — Gross Production Value was 323,492 1000 USD in 2024. ▲ Rising
Livestock — Gross Production Value in Iceland, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.
Analysis
Iceland recorded 323,492 1000 USD for livestock — gross production value in 2024. That is the highest value across all 34 years on record.
The figure is up 8.6% on the previous year and up 44.6% over ten years.
Over the whole period, livestock — gross production value in Iceland peaked at 323,492 1000 USD in 2024 and was at its lowest, 146,557 1000 USD, in 2001.
Iceland ranks 109th of 160 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Livestock — Gross Production Value in Iceland, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1991 | 215,435 1000 USD | — |
| 1992 | 220,380 1000 USD | +2.3% |
| 1993 | 178,243 1000 USD | -19.1% |
| 1994 | 172,809 1000 USD | -3.0% |
| 1995 | 189,045 1000 USD | +9.4% |
| 1996 | 173,612 1000 USD | -8.2% |
| 1997 | 173,640 1000 USD | +0.0% |
| 1998 | 159,004 1000 USD | -8.4% |
| 1999 | 176,655 1000 USD | +11.1% |
| 2000 | 168,685 1000 USD | -4.5% |
| 2001 | 146,557 1000 USD | -13.1% |
| 2002 | 159,365 1000 USD | +8.7% |
| 2003 | 190,559 1000 USD | +19.6% |
| 2004 | 223,285 1000 USD | +17.2% |
| 2005 | 267,640 1000 USD | +19.9% |
| 2006 | 256,846 1000 USD | -4.0% |
| 2007 | 227,378 1000 USD | -11.5% |
| 2008 | 193,570 1000 USD | -14.9% |
| 2009 | 151,308 1000 USD | -21.8% |
| 2010 | 157,698 1000 USD | +4.2% |
| 2011 | 187,553 1000 USD | +18.9% |
| 2012 | 183,987 1000 USD | -1.9% |
| 2013 | 197,494 1000 USD | +7.3% |
| 2014 | 223,671 1000 USD | +13.3% |
| 2015 | 215,431 1000 USD | -3.7% |
| 2016 | 244,145 1000 USD | +13.3% |
| 2017 | 274,681 1000 USD | +12.5% |
| 2018 | 258,619 1000 USD | -5.8% |
| 2019 | 234,645 1000 USD | -9.3% |
| 2020 | 218,037 1000 USD | -7.1% |
| 2021 | 249,284 1000 USD | +14.3% |
| 2022 | 263,423 1000 USD | +5.7% |
| 2023 | 297,797 1000 USD | +13.0% |
| 2024 | 323,492 1000 USD | +8.6% |
Iceland compared with similar countries
- Iceland's 323,492 1000 USD is below the median for high income countries, which is 1.86 million 1000 USD, 17% of the median. (53 countries reporting)
- Iceland's 323,492 1000 USD is below the median for Europe & Central Asia, which is 2.63 million 1000 USD, 12% of the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 184,314 1000 USD | 159,004 1000 USD | 220,380 1000 USD | 9 |
| 2000s | 198,519 1000 USD | 146,557 1000 USD | 267,640 1000 USD | 10 |
| 2010s | 217,792 1000 USD | 157,698 1000 USD | 274,681 1000 USD | 10 |
| 2020s | 270,407 1000 USD | 218,037 1000 USD | 323,492 1000 USD | 5 |
Countries ranked near Iceland
- 106 Iraq 438,751 1000 USD compare
- 107 Togo 411,786 1000 USD compare
- 108 Fiji 355,935 1000 USD compare
- 110 Luxembourg 322,200 1000 USD compare
- 111 Puerto Rico 320,524 1000 USD compare
- 112 China, Hong Kong SAR 313,567 1000 USD 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 livestock — gross production value in Iceland?
- Livestock — gross production value in Iceland was 323,492 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 323,492 1000 USD in 2024.
- What is the lowest livestock — gross production value recorded in Iceland?
- The lowest recorded value was 146,557 1000 USD in 2001.
- How does Iceland rank for livestock — gross production value?
- Iceland ranks 109th out of 160 countries with data for 2024.
- Is livestock — gross production value rising or falling in Iceland?
- Over the last ten years it is up 44.6%. 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 (current thousand US$). Statizoid updates them automatically from the source API.
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About this data
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.