Raw milk of cattle — Gross Production Value (constant 2014-2016) in Iceland
Iceland: Raw milk of cattle — Gross Production Value (constant 2014-2016) was 0 1000 USD per US$ of GDP in 2024. ◆ Volatile
Raw milk of cattle — Gross Production Value (constant 2014-2016) in Iceland, 1961–2024
Source: Statizoid (derived). Measured in 1000 USD per US$ of GDP.
Analysis
Iceland recorded 0 1000 USD per US$ of GDP for raw milk of cattle — gross production value (constant 2014-2016) in 2024. That is the lowest value across all 64 years on record.
Compared with earlier readings it is down 3.1% on the previous year and down 35.6% over ten years.
Over the whole period, raw milk of cattle — gross production value (constant 2014-2016) in Iceland peaked at 0.0002 1000 USD per US$ of GDP in 1961 and was at its lowest, 0 1000 USD per US$ of GDP, in 2024.
Iceland ranks 80th of 128 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Raw milk of cattle — Gross Production Value (constant 2014-2016) in Iceland, year by year
| Year | 1000 USD per US$ of GDP | Change |
|---|---|---|
| 1961 | 0.0002 1000 USD per US$ of GDP | — |
| 1962 | 0.0002 1000 USD per US$ of GDP | -6.4% |
| 1963 | 0.0002 1000 USD per US$ of GDP | -12.5% |
| 1964 | 0.0002 1000 USD per US$ of GDP | -18.4% |
| 1965 | 0.0001 1000 USD per US$ of GDP | -14.1% |
| 1966 | 0.0001 1000 USD per US$ of GDP | -22.0% |
| 1967 | 0.0001 1000 USD per US$ of GDP | +2.6% |
| 1968 | 0.0001 1000 USD per US$ of GDP | +28.0% |
| 1969 | 0.0002 1000 USD per US$ of GDP | +8.2% |
| 1970 | 0.0001 1000 USD per US$ of GDP | -16.4% |
| 1971 | 0.0001 1000 USD per US$ of GDP | -18.5% |
| 1972 | 0.0001 1000 USD per US$ of GDP | -17.5% |
| 1973 | 0.0001 1000 USD per US$ of GDP | -26.2% |
| 1974 | 0.0001 1000 USD per US$ of GDP | -21.7% |
| 1975 | 0.0001 1000 USD per US$ of GDP | +3.4% |
| 1976 | 0 1000 USD per US$ of GDP | -16.0% |
| 1977 | 0 1000 USD per US$ of GDP | -20.9% |
| 1978 | 0 1000 USD per US$ of GDP | -11.2% |
| 1979 | 0 1000 USD per US$ of GDP | -14.7% |
| 1980 | 0 1000 USD per US$ of GDP | -21.3% |
| 1981 | 0 1000 USD per US$ of GDP | -7.4% |
| 1982 | 0 1000 USD per US$ of GDP | +11.8% |
| 1983 | 0 1000 USD per US$ of GDP | +17.3% |
| 1984 | 0 1000 USD per US$ of GDP | -2.0% |
| 1985 | 0 1000 USD per US$ of GDP | -0.9% |
| 1986 | 0 1000 USD per US$ of GDP | -26.3% |
| 1987 | 0 1000 USD per US$ of GDP | -30.3% |
| 1988 | 0 1000 USD per US$ of GDP | -12.6% |
| 1989 | 0 1000 USD per US$ of GDP | +0.4% |
| 1990 | 0 1000 USD per US$ of GDP | -7.5% |
| 1991 | 0 1000 USD per US$ of GDP | -5.2% |
| 1992 | 0 1000 USD per US$ of GDP | -2.8% |
| 1993 | 0 1000 USD per US$ of GDP | -0.2% |
| 1994 | 0 1000 USD per US$ of GDP | +2.5% |
| 1995 | 0 1000 USD per US$ of GDP | -9.5% |
| 1996 | 0 1000 USD per US$ of GDP | -5.2% |
| 1997 | 0 1000 USD per US$ of GDP | -0.0% |
| 1998 | 0 1000 USD per US$ of GDP | -10.3% |
| 1999 | 0 1000 USD per US$ of GDP | -3.9% |
| 2000 | 0 1000 USD per US$ of GDP | -3.3% |
| 2001 | 0 1000 USD per US$ of GDP | +12.1% |
| 2002 | 0 1000 USD per US$ of GDP | -7.8% |
| 2003 | 0 1000 USD per US$ of GDP | -20.3% |
| 2004 | 0 1000 USD per US$ of GDP | -14.4% |
| 2005 | 0 1000 USD per US$ of GDP | -20.4% |
| 2006 | 0 1000 USD per US$ of GDP | +4.2% |
| 2007 | 0 1000 USD per US$ of GDP | -13.5% |
| 2008 | 0 1000 USD per US$ of GDP | +20.1% |
| 2009 | 0 1000 USD per US$ of GDP | +37.6% |
| 2010 | 0 1000 USD per US$ of GDP | -6.9% |
| 2011 | 0 1000 USD per US$ of GDP | -9.0% |
| 2012 | 0 1000 USD per US$ of GDP | +3.9% |
| 2013 | 0 1000 USD per US$ of GDP | -9.6% |
| 2014 | 0 1000 USD per US$ of GDP | -2.2% |
| 2015 | 0 1000 USD per US$ of GDP | +11.6% |
| 2016 | 0 1000 USD per US$ of GDP | -13.6% |
| 2017 | 0 1000 USD per US$ of GDP | -12.9% |
| 2018 | 0 1000 USD per US$ of GDP | -5.3% |
| 2019 | 0 1000 USD per US$ of GDP | +6.4% |
| 2020 | 0 1000 USD per US$ of GDP | +12.7% |
| 2021 | 0 1000 USD per US$ of GDP | -17.2% |
| 2022 | 0 1000 USD per US$ of GDP | -10.6% |
| 2023 | 0 1000 USD per US$ of GDP | -5.8% |
| 2024 | 0 1000 USD per US$ of GDP | -3.1% |
Iceland compared with similar countries
- Iceland's 0 1000 USD per US$ of GDP is above the median for high income countries, which is 0 1000 USD per US$ of GDP, 1.0× the median. (47 countries reporting)
- Iceland's 0 1000 USD per US$ of GDP is below the median for Europe & Central Asia, which is 0 1000 USD per US$ of GDP, 59% of the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0002 1000 USD per US$ of GDP | 0.0001 1000 USD per US$ of GDP | 0.0002 1000 USD per US$ of GDP | 9 |
| 1970s | 0.0001 1000 USD per US$ of GDP | 0 1000 USD per US$ of GDP | 0.0001 1000 USD per US$ of GDP | 10 |
| 1980s | 0 1000 USD per US$ of GDP | 0 1000 USD per US$ of GDP | 0 1000 USD per US$ of GDP | 10 |
| 1990s | 0 1000 USD per US$ of GDP | 0 1000 USD per US$ of GDP | 0 1000 USD per US$ of GDP | 10 |
| 2000s | 0 1000 USD per US$ of GDP | 0 1000 USD per US$ of GDP | 0 1000 USD per US$ of GDP | 10 |
| 2010s | 0 1000 USD per US$ of GDP | 0 1000 USD per US$ of GDP | 0 1000 USD per US$ of GDP | 10 |
| 2020s | 0 1000 USD per US$ of GDP | 0 1000 USD per US$ of GDP | 0 1000 USD per US$ of GDP | 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 raw milk of cattle — gross production value (constant 2014-2016) in Iceland?
- Raw milk of cattle — gross production value (constant 2014-2016) in Iceland was 0 1000 USD per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest raw milk of cattle — gross production value (constant 2014-2016) recorded in Iceland?
- The highest recorded value was 0.0002 1000 USD per US$ of GDP in 1961.
- What is the lowest raw milk of cattle — gross production value (constant 2014-2016) recorded in Iceland?
- The lowest recorded value was 0 1000 USD per US$ of GDP in 2024.
- How does Iceland rank for raw milk of cattle — gross production value (constant 2014-2016)?
- Iceland ranks 80th out of 128 countries with data for 2024.
- Is raw milk of cattle — gross production value (constant 2014-2016) rising or falling in Iceland?
- Over the last ten years it is down 35.6%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Raw milk of cattle — Gross Production Value (constant 2014-2016 thousand US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Raw milk of cattle — Gross Production Value (constant 2014-2016 thousand US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Raw milk of cattle — Gross Production Value (constant 2014-2016 thousand US$) ÷ GDP (current US$)
Computed from
- Raw milk of cattle — Gross Production Value Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Raw milk of cattle — Gross Production Value (constant 2014-2016 thousand US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.