Milk, Total — Gross Production Value (constant 2014-2016 thousand) in Iceland
Iceland: Milk, Total — Gross Production Value (constant 2014-2016 thousand) was 0.1703 1000 Int$ per person in 2024. ▼ Falling
Milk, Total — Gross Production Value (constant 2014-2016 thousand) in Iceland, 1961–2024
Source: Statizoid (derived). Measured in 1000 Int$ per person.
Analysis
In 2024, milk, total — gross production value (constant 2014-2016 thousand) in Iceland stood at 0.1703 1000 Int$ per person.
The figure is up 1.2% on the previous year and up 0.3% over ten years.
Over the whole period, milk, total — gross production value (constant 2014-2016 thousand) in Iceland peaked at 0.277 1000 Int$ per person in 1965 and was at its lowest, 0.1535 1000 Int$ per person, in 2005.
Iceland ranks 13th of 164 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 64 years of available data.
Milk, Total — Gross Production Value (constant 2014-2016 thousand) in Iceland, year by year
| Year | 1000 Int$ per person | Change |
|---|---|---|
| 1961 | 0.251 1000 Int$ per person | — |
| 1962 | 0.259 1000 Int$ per person | +3.2% |
| 1963 | 0.2656 1000 Int$ per person | +2.6% |
| 1964 | 0.272 1000 Int$ per person | +2.4% |
| 1965 | 0.277 1000 Int$ per person | +1.9% |
| 1966 | 0.2552 1000 Int$ per person | -7.9% |
| 1967 | 0.2544 1000 Int$ per person | -0.3% |
| 1968 | 0.2454 1000 Int$ per person | -3.5% |
| 1969 | 0.2299 1000 Int$ per person | -6.3% |
| 1970 | 0.2392 1000 Int$ per person | +4.0% |
| 1971 | 0.2461 1000 Int$ per person | +2.9% |
| 1972 | 0.2507 1000 Int$ per person | +1.9% |
| 1973 | 0.2505 1000 Int$ per person | -0.1% |
| 1974 | 0.2541 1000 Int$ per person | +1.4% |
| 1975 | 0.2409 1000 Int$ per person | -5.2% |
| 1976 | 0.2376 1000 Int$ per person | -1.4% |
| 1977 | 0.2469 1000 Int$ per person | +3.9% |
| 1978 | 0.2474 1000 Int$ per person | +0.2% |
| 1979 | 0.2375 1000 Int$ per person | -4.0% |
| 1980 | 0.2192 1000 Int$ per person | -7.7% |
| 1981 | 0.2074 1000 Int$ per person | -5.4% |
| 1982 | 0.21 1000 Int$ per person | +1.2% |
| 1983 | 0.2097 1000 Int$ per person | -0.1% |
| 1984 | 0.2106 1000 Int$ per person | +0.4% |
| 1985 | 0.2157 1000 Int$ per person | +2.4% |
| 1986 | 0.2111 1000 Int$ per person | -2.1% |
| 1987 | 0.2014 1000 Int$ per person | -4.6% |
| 1988 | 0.1916 1000 Int$ per person | -4.9% |
| 1989 | 0.1764 1000 Int$ per person | -7.9% |
| 1990 | 0.1846 1000 Int$ per person | +4.6% |
| 1991 | 0.1848 1000 Int$ per person | +0.1% |
| 1992 | 0.1817 1000 Int$ per person | -1.7% |
| 1993 | 0.1576 1000 Int$ per person | -13.3% |
| 1994 | 0.1646 1000 Int$ per person | +4.4% |
| 1995 | 0.1652 1000 Int$ per person | +0.3% |
| 1996 | 0.1623 1000 Int$ per person | -1.7% |
| 1997 | 0.1616 1000 Int$ per person | -0.5% |
| 1998 | 0.1605 1000 Int$ per person | -0.6% |
| 1999 | 0.1608 1000 Int$ per person | +0.2% |
| 2000 | 0.1539 1000 Int$ per person | -4.3% |
| 2001 | 0.155 1000 Int$ per person | +0.7% |
| 2002 | 0.1603 1000 Int$ per person | +3.4% |
| 2003 | 0.1558 1000 Int$ per person | -2.8% |
| 2004 | 0.1596 1000 Int$ per person | +2.5% |
| 2005 | 0.1535 1000 Int$ per person | -3.8% |
| 2006 | 0.161 1000 Int$ per person | +4.9% |
| 2007 | 0.1688 1000 Int$ per person | +4.8% |
| 2008 | 0.1653 1000 Int$ per person | -2.1% |
| 2009 | 0.1641 1000 Int$ per person | -0.7% |
| 2010 | 0.1612 1000 Int$ per person | -1.7% |
| 2011 | 0.1618 1000 Int$ per person | +0.3% |
| 2012 | 0.1623 1000 Int$ per person | +0.3% |
| 2013 | 0.158 1000 Int$ per person | -2.7% |
| 2014 | 0.1697 1000 Int$ per person | +7.4% |
| 2015 | 0.1837 1000 Int$ per person | +8.2% |
| 2016 | 0.1865 1000 Int$ per person | +1.5% |
| 2017 | 0.1886 1000 Int$ per person | +1.1% |
| 2018 | 0.1852 1000 Int$ per person | -1.8% |
| 2019 | 0.1805 1000 Int$ per person | -2.5% |
| 2020 | 0.1766 1000 Int$ per person | -2.2% |
| 2021 | 0.1713 1000 Int$ per person | -3.0% |
| 2022 | 0.166 1000 Int$ per person | -3.0% |
| 2023 | 0.1683 1000 Int$ per person | +1.4% |
| 2024 | 0.1703 1000 Int$ per person | +1.2% |
Iceland compared with similar countries
- Iceland's 0.1703 1000 Int$ per person is above the median for high income countries, which is 0.0939 1000 Int$ per person, 1.8× the median. (54 countries reporting)
- Iceland's 0.1703 1000 Int$ per person is above the median for Europe & Central Asia, which is 0.111 1000 Int$ per person, 1.5× the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.2566 1000 Int$ per person | 0.2299 1000 Int$ per person | 0.277 1000 Int$ per person | 9 |
| 1970s | 0.2451 1000 Int$ per person | 0.2375 1000 Int$ per person | 0.2541 1000 Int$ per person | 10 |
| 1980s | 0.2053 1000 Int$ per person | 0.1764 1000 Int$ per person | 0.2192 1000 Int$ per person | 10 |
| 1990s | 0.1684 1000 Int$ per person | 0.1576 1000 Int$ per person | 0.1848 1000 Int$ per person | 10 |
| 2000s | 0.1597 1000 Int$ per person | 0.1535 1000 Int$ per person | 0.1688 1000 Int$ per person | 10 |
| 2010s | 0.1738 1000 Int$ per person | 0.158 1000 Int$ per person | 0.1886 1000 Int$ per person | 10 |
| 2020s | 0.1705 1000 Int$ per person | 0.166 1000 Int$ per person | 0.1766 1000 Int$ per person | 5 |
Countries ranked near Iceland
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 milk, total — gross production value (constant 2014-2016 thousand) in Iceland?
- Milk, total — gross production value (constant 2014-2016 thousand) in Iceland was 0.1703 1000 Int$ per person in 2024, according to Statizoid (derived).
- What is the highest milk, total — gross production value (constant 2014-2016 thousand) recorded in Iceland?
- The highest recorded value was 0.277 1000 Int$ per person in 1965.
- What is the lowest milk, total — gross production value (constant 2014-2016 thousand) recorded in Iceland?
- The lowest recorded value was 0.1535 1000 Int$ per person in 2005.
- How does Iceland rank for milk, total — gross production value (constant 2014-2016 thousand)?
- Iceland ranks 13th out of 164 countries with data for 2024.
- Is milk, total — gross production value (constant 2014-2016 thousand) rising or falling in Iceland?
- Over the last ten years it is up 0.3%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Milk, Total — Gross Production Value (constant 2014-2016 thousand I$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Milk, Total — Gross Production Value (constant 2014-2016 thousand I$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Milk, Total — Gross Production Value (constant 2014-2016 thousand I$) ÷ Population, total
Computed from
- Milk, Total — Gross Production Value Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Milk, Total — Gross Production Value (constant 2014-2016 thousand I$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.