Meat of sheep, fresh or chilled (indigenous) — Gross Production Value in Iceland

Iceland: Meat of sheep, fresh or chilled (indigenous) — Gross Production Value was 36,028 1000 USD in 2024. ▼ Falling

Latest (2024)
36,028 1000 USD
Change on year
down 5.2%
World rank
57th
of 124 countries
All-time high
71,879 1000 USD
in 1979
All-time low
35,743 1000 USD
in 1997
Years of data
64
1961–2024

Meat of sheep, fresh or chilled (indigenous) — Gross Production Value in Iceland, 1961–2024

020.0k40.0k60.0k80.0k196119922024

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

Analysis

The most recent figure for meat of sheep, fresh or chilled (indigenous) — gross production value in Iceland is 36,028 1000 USD, measured in 2024.

That represents a change of down 5.2% on the previous year and down 21.1% over ten years.

Over the whole period, meat of sheep, fresh or chilled (indigenous) — gross production value in Iceland peaked at 71,879 1000 USD in 1979 and was at its lowest, 35,743 1000 USD, in 1997.

That places Iceland 57th out of 124 countries with data for 2024, putting it in the middle of the range.

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

Meat of sheep, fresh or chilled (indigenous) — Gross Production Value in Iceland, year by year

Annual values for Meat of sheep, fresh or chilled (indigenous) — Gross Production Value (constant 2014-2016 thousand US$) in Iceland, 1961 to 2024.
Year 1000 USD Change
1961 58,795 1000 USD
1962 59,962 1000 USD +2.0%
1963 55,642 1000 USD -7.2%
1964 51,138 1000 USD -8.1%
1965 55,932 1000 USD +9.4%
1966 56,981 1000 USD +1.9%
1967 60,893 1000 USD +6.9%
1968 59,369 1000 USD -2.5%
1969 58,315 1000 USD -1.8%
1970 55,367 1000 USD -5.1%
1971 50,952 1000 USD -8.0%
1972 56,434 1000 USD +10.8%
1973 62,028 1000 USD +9.9%
1974 63,241 1000 USD +2.0%
1975 69,319 1000 USD +9.6%
1976 66,732 1000 USD -3.7%
1977 66,845 1000 USD +0.2%
1978 71,255 1000 USD +6.6%
1979 71,879 1000 USD +0.9%
1980 65,484 1000 USD -8.9%
1981 66,850 1000 USD +2.1%
1982 64,873 1000 USD -3.0%
1983 61,933 1000 USD -4.5%
1984 58,863 1000 USD -5.0%
1985 58,229 1000 USD -1.1%
1986 60,929 1000 USD +4.6%
1987 56,977 1000 USD -6.5%
1988 47,683 1000 USD -16.3%
1989 43,522 1000 USD -8.7%
1990 42,757 1000 USD -1.8%
1991 42,093 1000 USD -1.6%
1992 38,881 1000 USD -7.6%
1993 40,026 1000 USD +2.9%
1994 39,790 1000 USD -0.6%
1995 39,302 1000 USD -1.2%
1996 36,774 1000 USD -6.4%
1997 35,743 1000 USD -2.8%
1998 36,977 1000 USD +3.5%
1999 39,094 1000 USD +5.7%
2000 44,028 1000 USD +12.6%
2001 38,967 1000 USD -11.5%
2002 39,239 1000 USD +0.7%
2003 39,763 1000 USD +1.3%
2004 39,094 1000 USD -1.7%
2005 39,519 1000 USD +1.1%
2006 39,108 1000 USD -1.0%
2007 39,094 1000 USD -0.0%
2008 40,387 1000 USD +3.3%
2009 39,985 1000 USD -1.0%
2010 41,455 1000 USD +3.7%
2011 43,359 1000 USD +4.6%
2012 44,869 1000 USD +3.5%
2013 44,734 1000 USD -0.3%
2014 45,679 1000 USD +2.1%
2015 46,063 1000 USD +0.8%
2016 46,923 1000 USD +1.9%
2017 48,026 1000 USD +2.4%
2018 47,429 1000 USD -1.2%
2019 43,956 1000 USD -7.3%
2020 42,861 1000 USD -2.5%
2021 42,459 1000 USD -0.9%
2022 39,162 1000 USD -7.8%
2023 38,004 1000 USD -3.0%
2024 36,028 1000 USD -5.2%

Averages by decade

DecadeAverage LowestHighest Years
1960s 57,447 1000 USD 51,138 1000 USD 60,893 1000 USD 9
1970s 63,405 1000 USD 50,952 1000 USD 71,879 1000 USD 10
1980s 58,534 1000 USD 43,522 1000 USD 66,850 1000 USD 10
1990s 39,144 1000 USD 35,743 1000 USD 42,757 1000 USD 10
2000s 39,918 1000 USD 38,967 1000 USD 44,028 1000 USD 10
2010s 45,249 1000 USD 41,455 1000 USD 48,026 1000 USD 10
2020s 39,703 1000 USD 36,028 1000 USD 42,861 1000 USD 5

Countries ranked near Iceland

  1. 54 Mali 45,378 1000 USD compare
  2. 55 Bulgaria 38,247 1000 USD compare
  3. 56 Togo 36,409 1000 USD compare
  4. 58 Ecuador 32,854 1000 USD compare
  5. 59 Austria 30,405 1000 USD compare
  6. 60 Croatia 30,189 1000 USD compare

See the full ranking of 164 places →

More agriculture & rural data for Iceland

All data for Iceland →

Frequently asked questions

What is meat of sheep, fresh or chilled (indigenous) — gross production value in Iceland?
Meat of sheep, fresh or chilled (indigenous) — gross production value in Iceland was 36,028 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest meat of sheep, fresh or chilled (indigenous) — gross production value recorded in Iceland?
The highest recorded value was 71,879 1000 USD in 1979.
What is the lowest meat of sheep, fresh or chilled (indigenous) — gross production value recorded in Iceland?
The lowest recorded value was 35,743 1000 USD in 1997.
How does Iceland rank for meat of sheep, fresh or chilled (indigenous) — gross production value?
Iceland ranks 57th out of 124 countries with data for 2024.
Is meat of sheep, fresh or chilled (indigenous) — gross production value rising or falling in Iceland?
Over the last ten years it is down 21.1%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Meat of sheep, fresh or chilled (indigenous) — Gross Production Value (constant 2014-2016 thousand US$). Statizoid updates them automatically from the source API.

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Meat of sheep, fresh or chilled (indigenous) — Gross Production Value in Iceland. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 08 September 2026, from https://agriculture.statizoid.com/stat/meat-of-sheep-fresh-or-chilled-indigenous-gross-production-value-constant-2014-2016-3/iceland/

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About this data

Indicator
Meat of sheep, fresh or chilled (indigenous) — 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
164 places, 9,209 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.