Value Added (Agriculture) — Value Standard Local Currency in Iceland
Iceland: Value Added (Agriculture) — Value Standard Local Currency was 28,390 million SLC in 2022. ▲ Rising
Value Added (Agriculture) — Value Standard Local Currency in Iceland, 1995–2022
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for value added (agriculture) — value standard local currency in Iceland is 28,390 million SLC, measured in 2022. That is the highest value across all 28 years on record.
The figure is up 16.5% on the previous year and up 53.7% over ten years.
Over the whole period, value added (agriculture) — value standard local currency in Iceland peaked at 28,390 million SLC in 2022 and was at its lowest, 5,064 million SLC, in 1997.
Iceland ranks 36th of 79 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6,354 million SLC | 5,064 million SLC | 7,590 million SLC | 5 |
| 2000s | 10,392 million SLC | 7,642 million SLC | 16,178 million SLC | 10 |
| 2010s | 20,890 million SLC | 15,619 million SLC | 24,514 million SLC | 10 |
| 2020s | 26,047 million SLC | 24,366 million SLC | 28,390 million SLC | 3 |
Countries ranked near Iceland
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 value added (agriculture) — value standard local currency in Iceland?
- Value added (agriculture) — value standard local currency in Iceland was 28,390 million SLC in 2022, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (agriculture) — value standard local currency recorded in Iceland?
- The highest recorded value was 28,390 million SLC in 2022.
- What is the lowest value added (agriculture) — value standard local currency recorded in Iceland?
- The lowest recorded value was 5,064 million SLC in 1997.
- How does Iceland rank for value added (agriculture) — value standard local currency?
- Iceland ranks 36th out of 79 countries with data for 2022.
- Is value added (agriculture) — value standard local currency rising or falling in Iceland?
- Over the last ten years it is up 53.7%. 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 Value Added (Agriculture) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).