Potatoes — Gross Production Value in Iceland
Iceland: Potatoes — Gross Production Value was 5,004 1000 USD in 2024. ▼ Falling
Potatoes — Gross Production Value in Iceland, 1961–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.
Analysis
In 2024, potatoes — gross production value in Iceland stood at 5,004 1000 USD.
Compared with earlier readings it is down 24.4% on the previous year and down 33.6% over ten years.
Over the whole period, potatoes — gross production value in Iceland peaked at 17,659 1000 USD in 1984 and was at its lowest, 3,171 1000 USD, in 1966.
That places Iceland 111th out of 121 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 64 years of available data.
Potatoes — Gross Production Value in Iceland, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1961 | 11,797 1000 USD | — |
| 1962 | 9,075 1000 USD | -23.1% |
| 1963 | 8,167 1000 USD | -10.0% |
| 1964 | 7,714 1000 USD | -5.5% |
| 1965 | 11,344 1000 USD | +47.1% |
| 1966 | 3,171 1000 USD | -72.0% |
| 1967 | 5,918 1000 USD | +86.6% |
| 1968 | 5,086 1000 USD | -14.1% |
| 1969 | 4,052 1000 USD | -20.3% |
| 1970 | 4,906 1000 USD | +21.1% |
| 1971 | 10,352 1000 USD | +111.0% |
| 1972 | 7,763 1000 USD | -25.0% |
| 1973 | 5,472 1000 USD | -29.5% |
| 1974 | 12,177 1000 USD | +122.5% |
| 1975 | 5,722 1000 USD | -53.0% |
| 1976 | 6,278 1000 USD | +9.7% |
| 1977 | 6,935 1000 USD | +10.5% |
| 1978 | 11,871 1000 USD | +71.2% |
| 1979 | 5,526 1000 USD | -53.4% |
| 1980 | 13,922 1000 USD | +151.9% |
| 1981 | 9,852 1000 USD | -29.2% |
| 1982 | 12,977 1000 USD | +31.7% |
| 1983 | 4,537 1000 USD | -65.0% |
| 1984 | 17,659 1000 USD | +289.2% |
| 1985 | 11,632 1000 USD | -34.1% |
| 1986 | 15,044 1000 USD | +29.3% |
| 1987 | 16,419 1000 USD | +9.1% |
| 1988 | 9,337 1000 USD | -43.1% |
| 1989 | 7,260 1000 USD | -22.2% |
| 1990 | 7,714 1000 USD | +6.3% |
| 1991 | 13,731 1000 USD | +78.0% |
| 1992 | 10,164 1000 USD | -26.0% |
| 1993 | 8,077 1000 USD | -20.5% |
| 1994 | 10,113 1000 USD | +25.2% |
| 1995 | 6,646 1000 USD | -34.3% |
| 1996 | 10,176 1000 USD | +53.1% |
| 1997 | 7,765 1000 USD | -23.7% |
| 1998 | 10,485 1000 USD | +35.0% |
| 1999 | 8,179 1000 USD | -22.0% |
| 2000 | 8,932 1000 USD | +9.2% |
| 2001 | 10,314 1000 USD | +15.5% |
| 2002 | 7,986 1000 USD | -22.6% |
| 2003 | 6,434 1000 USD | -19.4% |
| 2004 | 10,890 1000 USD | +69.3% |
| 2005 | 12,523 1000 USD | +15.0% |
| 2006 | 12,923 1000 USD | +3.2% |
| 2007 | 11,797 1000 USD | -8.7% |
| 2008 | 11,344 1000 USD | -3.8% |
| 2009 | 8,621 1000 USD | -24.0% |
| 2010 | 11,307 1000 USD | +31.2% |
| 2011 | 6,554 1000 USD | -42.0% |
| 2012 | 8,803 1000 USD | +34.3% |
| 2013 | 5,445 1000 USD | -38.1% |
| 2014 | 7,532 1000 USD | +38.3% |
| 2015 | 8,213 1000 USD | +9.0% |
| 2016 | 9,011 1000 USD | +9.7% |
| 2017 | 8,167 1000 USD | -9.4% |
| 2018 | 5,463 1000 USD | -33.1% |
| 2019 | 7,441 1000 USD | +36.2% |
| 2020 | 6,696 1000 USD | -10.0% |
| 2021 | 5,767 1000 USD | -13.9% |
| 2022 | 6,534 1000 USD | +13.3% |
| 2023 | 6,623 1000 USD | +1.4% |
| 2024 | 5,004 1000 USD | -24.4% |
Iceland compared with similar countries
- Iceland's 5,004 1000 USD is below the median for high income countries, which is 127,699 1000 USD, 4% of the median. (43 countries reporting)
- Iceland's 5,004 1000 USD is below the median for Europe & Central Asia, which is 137,451 1000 USD, 4% of the median. (41 countries reporting)
Biggest year-on-year movements
Years where Potatoes — Gross Production Value in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1984 | +289.2% | 4,537 1000 USD | 17,659 1000 USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7,369 1000 USD | 3,171 1000 USD | 11,797 1000 USD | 9 |
| 1970s | 7,700 1000 USD | 4,906 1000 USD | 12,177 1000 USD | 10 |
| 1980s | 11,864 1000 USD | 4,537 1000 USD | 17,659 1000 USD | 10 |
| 1990s | 9,305 1000 USD | 6,646 1000 USD | 13,731 1000 USD | 10 |
| 2000s | 10,176 1000 USD | 6,434 1000 USD | 12,923 1000 USD | 10 |
| 2010s | 7,794 1000 USD | 5,445 1000 USD | 11,307 1000 USD | 10 |
| 2020s | 6,125 1000 USD | 5,004 1000 USD | 6,696 1000 USD | 5 |
Countries ranked near Iceland
- 108 Kuwait 7,027 1000 USD compare
- 109 Luxembourg 6,770 1000 USD compare
- 110 Oman 5,249 1000 USD compare
- 112 Central African Republic 3,858 1000 USD compare
- 113 Malta 3,416 1000 USD compare
- 114 El Salvador 2,360 1000 USD compare
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 potatoes — gross production value in Iceland?
- Potatoes — gross production value in Iceland was 5,004 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest potatoes — gross production value recorded in Iceland?
- The highest recorded value was 17,659 1000 USD in 1984.
- What is the lowest potatoes — gross production value recorded in Iceland?
- The lowest recorded value was 3,171 1000 USD in 1966.
- How does Iceland rank for potatoes — gross production value?
- Iceland ranks 111th out of 121 countries with data for 2024.
- Is potatoes — gross production value rising or falling in Iceland?
- Over the last ten years it is down 33.6%. 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 Potatoes — Gross Production Value (constant 2014-2016 thousand US$). Statizoid updates them automatically from the source API.
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About this data
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.