Milk, Total — Gross Production Value (constant 2014-2016 thousand) in Iceland
Iceland: Milk, Total — Gross Production Value (constant 2014-2016 thousand) was 0.2478 1000 USD per person in 2024. ▼ Falling
Milk, Total — Gross Production Value (constant 2014-2016 thousand) in Iceland, 1961–2024
Source: Statizoid (derived). Measured in 1000 USD per person.
Analysis
Iceland recorded 0.2478 1000 USD per person for milk, total — gross production value (constant 2014-2016 thousand) in 2024.
Compared with earlier readings it 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 0.4031 1000 USD per person in 1965 and was at its lowest, 0.2234 1000 USD per person, in 2005.
That places Iceland 7th out of 128 countries with data for 2024, putting it 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 USD per person | Change |
|---|---|---|
| 1961 | 0.3653 1000 USD per person | — |
| 1962 | 0.3769 1000 USD per person | +3.2% |
| 1963 | 0.3865 1000 USD per person | +2.6% |
| 1964 | 0.3957 1000 USD per person | +2.4% |
| 1965 | 0.4031 1000 USD per person | +1.9% |
| 1966 | 0.3714 1000 USD per person | -7.9% |
| 1967 | 0.3702 1000 USD per person | -0.3% |
| 1968 | 0.3571 1000 USD per person | -3.5% |
| 1969 | 0.3345 1000 USD per person | -6.3% |
| 1970 | 0.3481 1000 USD per person | +4.0% |
| 1971 | 0.3581 1000 USD per person | +2.9% |
| 1972 | 0.3648 1000 USD per person | +1.9% |
| 1973 | 0.3645 1000 USD per person | -0.1% |
| 1974 | 0.3698 1000 USD per person | +1.4% |
| 1975 | 0.3505 1000 USD per person | -5.2% |
| 1976 | 0.3458 1000 USD per person | -1.4% |
| 1977 | 0.3593 1000 USD per person | +3.9% |
| 1978 | 0.36 1000 USD per person | +0.2% |
| 1979 | 0.3456 1000 USD per person | -4.0% |
| 1980 | 0.319 1000 USD per person | -7.7% |
| 1981 | 0.3018 1000 USD per person | -5.4% |
| 1982 | 0.3056 1000 USD per person | +1.2% |
| 1983 | 0.3052 1000 USD per person | -0.1% |
| 1984 | 0.3065 1000 USD per person | +0.4% |
| 1985 | 0.3138 1000 USD per person | +2.4% |
| 1986 | 0.3072 1000 USD per person | -2.1% |
| 1987 | 0.2931 1000 USD per person | -4.6% |
| 1988 | 0.2789 1000 USD per person | -4.9% |
| 1989 | 0.2568 1000 USD per person | -7.9% |
| 1990 | 0.2686 1000 USD per person | +4.6% |
| 1991 | 0.2689 1000 USD per person | +0.1% |
| 1992 | 0.2644 1000 USD per person | -1.7% |
| 1993 | 0.2294 1000 USD per person | -13.3% |
| 1994 | 0.2395 1000 USD per person | +4.4% |
| 1995 | 0.2404 1000 USD per person | +0.3% |
| 1996 | 0.2362 1000 USD per person | -1.7% |
| 1997 | 0.2351 1000 USD per person | -0.5% |
| 1998 | 0.2336 1000 USD per person | -0.6% |
| 1999 | 0.234 1000 USD per person | +0.2% |
| 2000 | 0.224 1000 USD per person | -4.3% |
| 2001 | 0.2256 1000 USD per person | +0.7% |
| 2002 | 0.2333 1000 USD per person | +3.4% |
| 2003 | 0.2267 1000 USD per person | -2.8% |
| 2004 | 0.2323 1000 USD per person | +2.5% |
| 2005 | 0.2234 1000 USD per person | -3.8% |
| 2006 | 0.2343 1000 USD per person | +4.9% |
| 2007 | 0.2456 1000 USD per person | +4.8% |
| 2008 | 0.2405 1000 USD per person | -2.1% |
| 2009 | 0.2388 1000 USD per person | -0.7% |
| 2010 | 0.2346 1000 USD per person | -1.7% |
| 2011 | 0.2354 1000 USD per person | +0.3% |
| 2012 | 0.2362 1000 USD per person | +0.3% |
| 2013 | 0.2299 1000 USD per person | -2.7% |
| 2014 | 0.247 1000 USD per person | +7.4% |
| 2015 | 0.2673 1000 USD per person | +8.2% |
| 2016 | 0.2714 1000 USD per person | +1.5% |
| 2017 | 0.2745 1000 USD per person | +1.1% |
| 2018 | 0.2695 1000 USD per person | -1.8% |
| 2019 | 0.2627 1000 USD per person | -2.5% |
| 2020 | 0.257 1000 USD per person | -2.2% |
| 2021 | 0.2492 1000 USD per person | -3.0% |
| 2022 | 0.2416 1000 USD per person | -3.0% |
| 2023 | 0.2449 1000 USD per person | +1.4% |
| 2024 | 0.2478 1000 USD per person | +1.2% |
Iceland compared with similar countries
- Iceland's 0.2478 1000 USD per person is above the median for high income countries, which is 0.1143 1000 USD per person, 2.2× the median. (47 countries reporting)
- Iceland's 0.2478 1000 USD per person is above the median for Europe & Central Asia, which is 0.1196 1000 USD per person, 2.1× the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.3734 1000 USD per person | 0.3345 1000 USD per person | 0.4031 1000 USD per person | 9 |
| 1970s | 0.3567 1000 USD per person | 0.3456 1000 USD per person | 0.3698 1000 USD per person | 10 |
| 1980s | 0.2988 1000 USD per person | 0.2568 1000 USD per person | 0.319 1000 USD per person | 10 |
| 1990s | 0.245 1000 USD per person | 0.2294 1000 USD per person | 0.2689 1000 USD per person | 10 |
| 2000s | 0.2324 1000 USD per person | 0.2234 1000 USD per person | 0.2456 1000 USD per person | 10 |
| 2010s | 0.2528 1000 USD per person | 0.2299 1000 USD per person | 0.2745 1000 USD per person | 10 |
| 2020s | 0.2481 1000 USD per person | 0.2416 1000 USD per person | 0.257 1000 USD 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 0.2478 1000 USD 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 0.4031 1000 USD 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 0.2234 1000 USD per person in 2005.
- How does Iceland rank for milk, total — gross production value (constant 2014-2016 thousand)?
- Iceland ranks 7th out of 128 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 US$), per capita. Statizoid updates them automatically from the source API.
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CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Milk, Total — Gross Production Value (constant 2014-2016 thousand US$) 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 US$) ÷ Population, total
Computed from
- Milk, Total — Gross Production Value Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Milk, Total — Gross Production Value (constant 2014-2016 thousand US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.