Raw milk of cattle — Gross Production Value in Iceland
Iceland: Raw milk of cattle — Gross Production Value was 95,766 1000 USD in 2024. ▲ Rising
Latest (2024)
95,766 1000 USD
Change on year
up 1.4%
World rank
100th
of 136 countries
All-time high
95,766 1000 USD
in 2024
All-time low
60,497 1000 USD
in 1993
Years of data
64
1961–2024
Raw milk of cattle — Gross Production Value in Iceland, 1961–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.
Analysis
Iceland recorded 95,766 1000 USD for raw milk of cattle — gross production value in 2024. That is the highest value across all 64 years on record.
That represents a change of up 1.4% on the previous year and up 18.4% over ten years.
Over the whole period, raw milk of cattle — gross production value in Iceland peaked at 95,766 1000 USD in 2024 and was at its lowest, 60,497 1000 USD, in 1993.
Iceland ranks 100th of 136 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 64 years of available data.
Raw milk of cattle — Gross Production Value in Iceland, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1961 | 65,403 1000 USD | — |
| 1962 | 68,733 1000 USD | +5.1% |
| 1963 | 71,761 1000 USD | +4.4% |
| 1964 | 74,789 1000 USD | +4.2% |
| 1965 | 77,514 1000 USD | +3.6% |
| 1966 | 72,632 1000 USD | -6.3% |
| 1967 | 73,578 1000 USD | +1.3% |
| 1968 | 71,945 1000 USD | -2.2% |
| 1969 | 68,034 1000 USD | -5.4% |
| 1970 | 71,156 1000 USD | +4.6% |
| 1971 | 73,797 1000 USD | +3.7% |
| 1972 | 76,303 1000 USD | +3.4% |
| 1973 | 77,393 1000 USD | +1.4% |
| 1974 | 79,584 1000 USD | +2.8% |
| 1975 | 76,409 1000 USD | -4.0% |
| 1976 | 76,121 1000 USD | -0.4% |
| 1977 | 79,694 1000 USD | +4.7% |
| 1978 | 80,482 1000 USD | +1.0% |
| 1979 | 78,025 1000 USD | -3.1% |
| 1980 | 72,768 1000 USD | -6.7% |
| 1981 | 69,642 1000 USD | -4.3% |
| 1982 | 71,458 1000 USD | +2.6% |
| 1983 | 72,330 1000 USD | +1.2% |
| 1984 | 73,403 1000 USD | +1.5% |
| 1985 | 75,761 1000 USD | +3.2% |
| 1986 | 74,697 1000 USD | -1.4% |
| 1987 | 72,064 1000 USD | -3.5% |
| 1988 | 69,642 1000 USD | -3.4% |
| 1989 | 64,922 1000 USD | -6.8% |
| 1990 | 68,450 1000 USD | +5.4% |
| 1991 | 69,327 1000 USD | +1.3% |
| 1992 | 69,036 1000 USD | -0.4% |
| 1993 | 60,497 1000 USD | -12.4% |
| 1994 | 63,717 1000 USD | +5.3% |
| 1995 | 64,286 1000 USD | +0.9% |
| 1996 | 63,523 1000 USD | -1.2% |
| 1997 | 63,746 1000 USD | +0.4% |
| 1998 | 64,020 1000 USD | +0.4% |
| 1999 | 64,898 1000 USD | +1.4% |
| 2000 | 62,996 1000 USD | -2.9% |
| 2001 | 64,282 1000 USD | +2.0% |
| 2002 | 67,075 1000 USD | +4.3% |
| 2003 | 65,635 1000 USD | -2.1% |
| 2004 | 67,843 1000 USD | +3.4% |
| 2005 | 66,278 1000 USD | -2.3% |
| 2006 | 71,181 1000 USD | +7.4% |
| 2007 | 76,520 1000 USD | +7.5% |
| 2008 | 76,335 1000 USD | -0.2% |
| 2009 | 76,042 1000 USD | -0.4% |
| 2010 | 74,618 1000 USD | -1.9% |
| 2011 | 75,090 1000 USD | +0.6% |
| 2012 | 75,754 1000 USD | +0.9% |
| 2013 | 74,426 1000 USD | -1.8% |
| 2014 | 80,853 1000 USD | +8.6% |
| 2015 | 88,435 1000 USD | +9.4% |
| 2016 | 91,032 1000 USD | +2.9% |
| 2017 | 94,258 1000 USD | +3.5% |
| 2018 | 95,064 1000 USD | +0.9% |
| 2019 | 94,709 1000 USD | -0.4% |
| 2020 | 94,165 1000 USD | -0.6% |
| 2021 | 92,832 1000 USD | -1.4% |
| 2022 | 92,293 1000 USD | -0.6% |
| 2023 | 94,455 1000 USD | +2.3% |
| 2024 | 95,766 1000 USD | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 71,599 1000 USD | 65,403 1000 USD | 77,514 1000 USD | 9 |
| 1970s | 76,896 1000 USD | 71,156 1000 USD | 80,482 1000 USD | 10 |
| 1980s | 71,669 1000 USD | 64,922 1000 USD | 75,761 1000 USD | 10 |
| 1990s | 65,150 1000 USD | 60,497 1000 USD | 69,327 1000 USD | 10 |
| 2000s | 69,419 1000 USD | 62,996 1000 USD | 76,520 1000 USD | 10 |
| 2010s | 84,424 1000 USD | 74,426 1000 USD | 95,064 1000 USD | 10 |
| 2020s | 93,902 1000 USD | 92,293 1000 USD | 95,766 1000 USD | 5 |
Countries ranked near Iceland
- 97 North Macedonia 104,193 1000 USD compare
- 98 Madagascar 103,506 1000 USD compare
- 99 Rwanda 100,160 1000 USD compare
- 101 Angola 92,096 1000 USD compare
- 102 Mongolia 84,783 1000 USD compare
- 103 Burkina Faso 84,629 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 raw milk of cattle — gross production value in Iceland?
- Raw milk of cattle — gross production value in Iceland was 95,766 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest raw milk of cattle — gross production value recorded in Iceland?
- The highest recorded value was 95,766 1000 USD in 2024.
- What is the lowest raw milk of cattle — gross production value recorded in Iceland?
- The lowest recorded value was 60,497 1000 USD in 1993.
- How does Iceland rank for raw milk of cattle — gross production value?
- Iceland ranks 100th out of 136 countries with data for 2024.
- Is raw milk of cattle — gross production value rising or falling in Iceland?
- Over the last ten years it is up 18.4%. 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 Raw milk of cattle — Gross Production Value (constant 2014-2016 thousand US$). Statizoid updates them automatically from the source API.
Download this data
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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.