Potatoes — Revealed comparative advantage index in Iceland
Iceland: Potatoes — Revealed comparative advantage index was 0.05 in 2024. ◆ Volatile
Potatoes — Revealed comparative advantage index in Iceland, 2010–2024
Source: Food and Agriculture Organization of the United Nations.
Analysis
In 2024, potatoes — revealed comparative advantage index in Iceland stood at 0.05.
The figure is up 66.7% on the previous year and down 28.6% over ten years.
Over the whole period, potatoes — revealed comparative advantage index in Iceland peaked at 0.07 in 2014 and was at its lowest, 0.01, in 2017.
That places Iceland 78th out of 148 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.032 | 0.01 | 0.07 | 10 |
| 2020s | 0.032 | 0.02 | 0.05 | 5 |
Countries ranked near Iceland
- 78 Brunei Darussalam 0.05 compare
- 78 Dominica 0.05 compare
- 78 Lao People's Democratic Republic 0.05 compare
- 78 Montenegro 0.05 compare
- 78 Saint Kitts and Nevis 0.05 compare
- 78 Uzbekistan 0.05 compare
More agriculture & rural data for Iceland
- Agriculture share gdp 3.65 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 3.65 (2025)
- Agricultural raw materials exports 0.5% (2025)
- Agricultural raw materials imports 1.0% (2025)
- Rural population 5.8% (2025)
- Rural population growth 0.9% (2025)
- Rural population 22,689 (2025)
- Agriculture, forestry, and fishing, value added 3.7% (2025)
- Agriculture, forestry, and fishing, value added 1.41 billion current US$ (2025)
- Tomatoes — Production 1,362 t (2024)
Frequently asked questions
- What is potatoes — revealed comparative advantage index in Iceland?
- Potatoes — revealed comparative advantage index in Iceland was 0.05 in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest potatoes — revealed comparative advantage index recorded in Iceland?
- The highest recorded value was 0.07 in 2014.
- What is the lowest potatoes — revealed comparative advantage index recorded in Iceland?
- The lowest recorded value was 0.01 in 2017.
- How does Iceland rank for potatoes — revealed comparative advantage index?
- Iceland ranks 78th out of 148 countries with data for 2024.
- Is potatoes — revealed comparative advantage index rising or falling in Iceland?
- Over the last ten years it is down 28.6%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Potatoes — Revealed comparative advantage index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK