Non Food — Gross Production Value in Iceland

Iceland: Non Food — Gross Production Value was 2,725 1000 USD in 2024. ▼ Falling

Latest (2024)
2,725 1000 USD
Change on year
up 1.9%
World rank
82nd
of 117 countries
All-time high
11,825 1000 USD
in 1961
All-time low
2,675 1000 USD
in 2023
Years of data
64
1961–2024

Non Food — Gross Production Value in Iceland, 1961–2024

2.0k4.0k6.0k8.0k10.0k12.0k196119922024

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

Analysis

In 2024, non food — gross production value in Iceland stood at 2,725 1000 USD.

Compared with earlier readings it is up 1.9% on the previous year and down 22.5% over ten years.

Over the whole period, non food — gross production value in Iceland peaked at 11,825 1000 USD in 1961 and was at its lowest, 2,675 1000 USD, in 2023.

That places Iceland 82nd out of 117 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.

Non Food — Gross Production Value in Iceland, year by year

Annual values for Non Food — Gross Production Value (constant 2014-2016 thousand US$) in Iceland, 1961 to 2024.
Year 1000 USD Change
1961 11,825 1000 USD
1962 11,332 1000 USD -4.2%
1963 10,347 1000 USD -8.7%
1964 9,854 1000 USD -4.8%
1965 10,347 1000 USD +5.0%
1966 11,332 1000 USD +9.5%
1967 11,825 1000 USD +4.4%
1968 10,839 1000 USD -8.3%
1969 10,958 1000 USD +1.1%
1970 6,538 1000 USD -40.3%
1971 6,159 1000 USD -5.8%
1972 6,587 1000 USD +6.9%
1973 6,942 1000 USD +5.4%
1974 7,085 1000 USD +2.1%
1975 7,233 1000 USD +2.1%
1976 7,336 1000 USD +1.4%
1977 7,834 1000 USD +6.8%
1978 8,169 1000 USD +4.3%
1979 8,120 1000 USD -0.6%
1980 7,381 1000 USD -9.1%
1981 8,179 1000 USD +10.8%
1982 7,849 1000 USD -4.0%
1983 7,553 1000 USD -3.8%
1984 7,366 1000 USD -2.5%
1985 7,341 1000 USD -0.3%
1986 7,390 1000 USD +0.7%
1987 7,390 1000 USD +0.0%
1988 7,390 1000 USD +0.0%
1989 6,366 1000 USD -13.9%
1990 5,454 1000 USD -14.3%
1991 6,228 1000 USD +14.2%
1992 5,912 1000 USD -5.1%
1993 4,927 1000 USD -16.7%
1994 4,582 1000 USD -7.0%
1995 4,267 1000 USD -6.9%
1996 4,434 1000 USD +3.9%
1997 4,484 1000 USD +1.1%
1998 4,607 1000 USD +2.7%
1999 4,311 1000 USD -6.4%
2000 6,208 1000 USD +44.0%
2001 6,208 1000 USD +0.0%
2002 3,439 1000 USD -44.6%
2003 3,434 1000 USD -0.1%
2004 4,217 1000 USD +22.8%
2005 3,740 1000 USD -11.3%
2006 3,286 1000 USD -12.1%
2007 2,695 1000 USD -18.0%
2008 3,488 1000 USD +29.4%
2009 3,528 1000 USD +1.1%
2010 3,631 1000 USD +2.9%
2011 4,927 1000 USD +35.7%
2012 4,858 1000 USD -1.4%
2013 3,518 1000 USD -27.6%
2014 3,518 1000 USD +0.0%
2015 4,814 1000 USD +36.8%
2016 4,690 1000 USD -2.6%
2017 4,779 1000 USD +1.9%
2018 3,892 1000 USD -18.6%
2019 4,286 1000 USD +10.1%
2020 3,956 1000 USD -7.7%
2021 3,636 1000 USD -8.1%
2022 3,720 1000 USD +2.3%
2023 2,675 1000 USD -28.1%
2024 2,725 1000 USD +1.9%

Averages by decade

DecadeAverage LowestHighest Years
1960s 10,962 1000 USD 9,854 1000 USD 11,825 1000 USD 9
1970s 7,200 1000 USD 6,159 1000 USD 8,169 1000 USD 10
1980s 7,420 1000 USD 6,366 1000 USD 8,179 1000 USD 10
1990s 4,921 1000 USD 4,267 1000 USD 6,228 1000 USD 10
2000s 4,024 1000 USD 2,695 1000 USD 6,208 1000 USD 10
2010s 4,291 1000 USD 3,518 1000 USD 4,927 1000 USD 10
2020s 3,342 1000 USD 2,675 1000 USD 3,956 1000 USD 5

Countries ranked near Iceland

  1. 79 Armenia 3,122 1000 USD compare
  2. 80 Israel 2,950 1000 USD compare
  3. 81 Madagascar 2,841 1000 USD compare
  4. 83 Rwanda 2,718 1000 USD compare
  5. 84 Togo 2,489 1000 USD compare
  6. 85 Mali 2,163 1000 USD compare

See the full ranking of 158 places →

More agriculture & rural data for Iceland

All data for Iceland →

Frequently asked questions

What is non food — gross production value in Iceland?
Non food — gross production value in Iceland was 2,725 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest non food — gross production value recorded in Iceland?
The highest recorded value was 11,825 1000 USD in 1961.
What is the lowest non food — gross production value recorded in Iceland?
The lowest recorded value was 2,675 1000 USD in 2023.
How does Iceland rank for non food — gross production value?
Iceland ranks 82nd out of 117 countries with data for 2024.
Is non food — gross production value rising or falling in Iceland?
Over the last ten years it is down 22.5%. 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 Non Food — Gross Production Value (constant 2014-2016 thousand US$). Statizoid updates them automatically from the source API.

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Non Food — Gross Production Value in Iceland. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 27 August 2026, from https://agriculture.statizoid.com/stat/non-food-gross-production-value-constant-2014-2016-thousand-us/iceland/

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About this data

Indicator
Non Food — 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
158 places, 8,939 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.