Potatoes — Gross Production Value in Iceland
Iceland: Potatoes — Gross Production Value was 7,145 1000 USD in 2024. ▲ Rising
Potatoes — Gross Production Value in Iceland, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.
Analysis
The most recent figure for potatoes — gross production value in Iceland is 7,145 1000 USD, measured in 2024.
The figure is down 13.9% on the previous year and down 14.8% over ten years.
Over the whole period, potatoes — gross production value in Iceland peaked at 14,506 1000 USD in 2008 and was at its lowest, 3,697 1000 USD, in 2003.
Iceland ranks 110th of 125 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Potatoes — Gross Production Value in Iceland, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1991 | 10,772 1000 USD | — |
| 1992 | 8,661 1000 USD | -19.6% |
| 1993 | 8,557 1000 USD | -1.2% |
| 1994 | 5,290 1000 USD | -38.2% |
| 1995 | 4,800 1000 USD | -9.3% |
| 1996 | 7,739 1000 USD | +61.2% |
| 1997 | 5,539 1000 USD | -28.4% |
| 1998 | 5,048 1000 USD | -8.9% |
| 1999 | 5,607 1000 USD | +11.1% |
| 2000 | 5,008 1000 USD | -10.7% |
| 2001 | 4,900 1000 USD | -2.2% |
| 2002 | 3,744 1000 USD | -23.6% |
| 2003 | 3,697 1000 USD | -1.3% |
| 2004 | 6,667 1000 USD | +80.3% |
| 2005 | 7,669 1000 USD | +15.0% |
| 2006 | 6,087 1000 USD | -20.6% |
| 2007 | 7,565 1000 USD | +24.3% |
| 2008 | 14,506 1000 USD | +91.8% |
| 2009 | 8,211 1000 USD | -43.4% |
| 2010 | 10,649 1000 USD | +29.7% |
| 2011 | 7,229 1000 USD | -32.1% |
| 2012 | 7,707 1000 USD | +6.6% |
| 2013 | 4,668 1000 USD | -39.4% |
| 2014 | 8,388 1000 USD | +79.7% |
| 2015 | 7,320 1000 USD | -12.7% |
| 2016 | 8,967 1000 USD | +22.5% |
| 2017 | 8,557 1000 USD | -4.6% |
| 2018 | 6,031 1000 USD | -29.5% |
| 2019 | 8,072 1000 USD | +33.8% |
| 2020 | 6,724 1000 USD | -16.7% |
| 2021 | 6,293 1000 USD | -6.4% |
| 2022 | 7,943 1000 USD | +26.2% |
| 2023 | 8,297 1000 USD | +4.5% |
| 2024 | 7,145 1000 USD | -13.9% |
Iceland compared with similar countries
- Iceland's 7,145 1000 USD is below the median for high income countries, which is 149,802 1000 USD, 5% of the median. (44 countries reporting)
- Iceland's 7,145 1000 USD is below the median for Europe & Central Asia, which is 219,899 1000 USD, 3% of the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6,890 1000 USD | 4,800 1000 USD | 10,772 1000 USD | 9 |
| 2000s | 6,805 1000 USD | 3,697 1000 USD | 14,506 1000 USD | 10 |
| 2010s | 7,759 1000 USD | 4,668 1000 USD | 10,649 1000 USD | 10 |
| 2020s | 7,280 1000 USD | 6,293 1000 USD | 8,297 1000 USD | 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 potatoes — gross production value in Iceland?
- Potatoes — gross production value in Iceland was 7,145 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 14,506 1000 USD in 2008.
- What is the lowest potatoes — gross production value recorded in Iceland?
- The lowest recorded value was 3,697 1000 USD in 2003.
- How does Iceland rank for potatoes — gross production value?
- Iceland ranks 110th out of 125 countries with data for 2024.
- Is potatoes — gross production value rising or falling in Iceland?
- Over the last ten years it is down 14.8%. The long-run trend across the full record is rising.
- 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 (current 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.