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

Iceland: Meat of sheep, fresh or chilled (indigenous) — Gross Production Value was 53,793 1000 USD in 2024. ▼ Falling

Latest (2024)
53,793 1000 USD
Change on year
up 12.5%
World rank
51st
of 125 countries
All-time high
64,944 1000 USD
in 1991
All-time low
24,232 1000 USD
in 2001
Years of data
34
1991–2024

Meat of sheep, fresh or chilled (indigenous) — Gross Production Value in Iceland, 1991–2024

020.0k40.0k60.0k1991200720241991: 64.9k 1000 USD1992: 60.8k 1000 USD1993: 52.9k 1000 USD1994: 51.6k 1000 USD1995: 55.1k 1000 USD1996: 49.2k 1000 USD1997: 48.6k 1000 USD1998: 31.5k 1000 USD1999: 32.7k 1000 USD2000: 31.8k 1000 USD2001: 24.2k 1000 USD2002: 26.7k 1000 USD2003: 29.5k 1000 USD2004: 32.8k 1000 USD2005: 42.6k 1000 USD2006: 39.1k 1000 USD2007: 44.0k 1000 USD2008: 38.4k 1000 USD2009: 27.1k 1000 USD2010: 28.6k 1000 USD2011: 37.5k 1000 USD2012: 43.1k 1000 USD2013: 47.0k 1000 USD2014: 49.1k 1000 USD2015: 43.3k 1000 USD2016: 46.2k 1000 USD2017: 34.7k 1000 USD2018: 33.7k 1000 USD2019: 31.7k 1000 USD2020: 30.1k 1000 USD2021: 35.2k 1000 USD2022: 42.2k 1000 USD2023: 47.8k 1000 USD2024: 53.8k 1000 USD

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

Analysis

Iceland recorded 53,793 1000 USD for meat of sheep, fresh or chilled (indigenous) — gross production value in 2024.

The figure is up 12.5% on the previous year and up 9.5% over ten years.

Over the whole period, meat of sheep, fresh or chilled (indigenous) — gross production value in Iceland peaked at 64,944 1000 USD in 1991 and was at its lowest, 24,232 1000 USD, in 2001.

That places Iceland 51st out of 125 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 34 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 (current thousand US$) in Iceland, 1991 to 2024.
Year 1000 USD Change
1991 64,944 1000 USD
1992 60,819 1000 USD -6.4%
1993 52,854 1000 USD -13.1%
1994 51,617 1000 USD -2.3%
1995 55,067 1000 USD +6.7%
1996 49,236 1000 USD -10.6%
1997 48,597 1000 USD -1.3%
1998 31,543 1000 USD -35.1%
1999 32,676 1000 USD +3.6%
2000 31,812 1000 USD -2.6%
2001 24,232 1000 USD -23.8%
2002 26,692 1000 USD +10.2%
2003 29,456 1000 USD +10.4%
2004 32,758 1000 USD +11.2%
2005 42,593 1000 USD +30.0%
2006 39,058 1000 USD -8.3%
2007 43,995 1000 USD +12.6%
2008 38,444 1000 USD -12.6%
2009 27,074 1000 USD -29.6%
2010 28,606 1000 USD +5.7%
2011 37,450 1000 USD +30.9%
2012 43,068 1000 USD +15.0%
2013 47,036 1000 USD +9.2%
2014 49,130 1000 USD +4.5%
2015 43,291 1000 USD -11.9%
2016 46,202 1000 USD +6.7%
2017 34,674 1000 USD -25.0%
2018 33,711 1000 USD -2.8%
2019 31,701 1000 USD -6.0%
2020 30,057 1000 USD -5.2%
2021 35,171 1000 USD +17.0%
2022 42,232 1000 USD +20.1%
2023 47,812 1000 USD +13.2%
2024 53,793 1000 USD +12.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 49,706 1000 USD 31,543 1000 USD 64,944 1000 USD 9
2000s 33,611 1000 USD 24,232 1000 USD 43,995 1000 USD 10
2010s 39,487 1000 USD 28,606 1000 USD 49,130 1000 USD 10
2020s 41,813 1000 USD 30,057 1000 USD 53,793 1000 USD 5

Countries ranked near Iceland

  1. 48 Switzerland 73,326 1000 USD compare
  2. 49 Niger 68,920 1000 USD compare
  3. 50 Netherlands (Kingdom of the) 68,006 1000 USD compare
  4. 52 Mali 47,828 1000 USD compare
  5. 53 Ecuador 47,695 1000 USD compare
  6. 54 Cameroon 46,548 1000 USD compare

See the full ranking of 165 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 53,793 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 64,944 1000 USD in 1991.
What is the lowest meat of sheep, fresh or chilled (indigenous) — gross production value recorded in Iceland?
The lowest recorded value was 24,232 1000 USD in 2001.
How does Iceland rank for meat of sheep, fresh or chilled (indigenous) — gross production value?
Iceland ranks 51st out of 125 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 up 9.5%. 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 (current 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 07 September 2026, from https://agriculture.statizoid.com/stat/meat-of-sheep-fresh-or-chilled-indigenous-gross-production-value-current-thousand-us/iceland/

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About this data

Indicator
Meat of sheep, fresh or chilled (indigenous) — Gross Production Value (current thousand US$)
Unit
1000 USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
165 places, 5,143 data points, 1991–2024
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.