Value Added (Agriculture) — Value US$, 2015 prices in Iceland

Iceland: Value Added (Agriculture) — Value US$, 2015 prices was 203.1 million USD in 2022. ▲ Rising

Latest (2022)
203.1 million USD
Change on year
up 7.6%
World rank
70th
of 82 countries
All-time high
220.55 million USD
in 2018
All-time low
116.98 million USD
in 1997
Years of data
28
1995–2022

Value Added (Agriculture) — Value US$, 2015 prices in Iceland, 1995–2022

0501001502001995200820221995: 137.4 million USD1996: 136.4 million USD1997: 117 million USD1998: 138.6 million USD1999: 144.4 million USD2000: 152.1 million USD2001: 119.1 million USD2002: 122.7 million USD2003: 156.1 million USD2004: 162.1 million USD2005: 170.1 million USD2006: 156.4 million USD2007: 177.2 million USD2008: 186.5 million USD2009: 165.2 million USD2010: 123.9 million USD2011: 122.4 million USD2012: 133.8 million USD2013: 162.8 million USD2014: 162.4 million USD2015: 166.3 million USD2016: 185 million USD2017: 213.3 million USD2018: 220.5 million USD2019: 201.2 million USD2020: 187.4 million USD2021: 188.7 million USD2022: 203.1 million USD

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

The most recent figure for value added (agriculture) — value us$, 2015 prices in Iceland is 203.1 million USD, measured in 2022.

The figure is up 7.6% on the previous year and up 51.7% over ten years.

Over the whole period, value added (agriculture) — value us$, 2015 prices in Iceland peaked at 220.55 million USD in 2018 and was at its lowest, 116.98 million USD, in 1997.

That places Iceland 70th out of 82 countries with data for 2022, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 28 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 134.75 million USD 116.98 million USD 144.45 million USD 5
2000s 156.75 million USD 119.12 million USD 186.48 million USD 10
2010s 169.17 million USD 122.37 million USD 220.55 million USD 10
2020s 193.07 million USD 187.39 million USD 203.1 million USD 3

Countries ranked near Iceland

  1. 67 Namibia 303.66 million USD compare
  2. 68 Bhutan 254.58 million USD compare
  3. 69 Belize 220.34 million USD compare
  4. 71 Gambia 181.26 million USD compare
  5. 72 Estonia 163.38 million USD compare
  6. 73 Luxembourg 128.17 million USD compare

See the full ranking of 83 places →

More agriculture & rural data for Iceland

All data for Iceland →

Frequently asked questions

What is value added (agriculture) — value us$, 2015 prices in Iceland?
Value added (agriculture) — value us$, 2015 prices in Iceland was 203.1 million USD in 2022, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (agriculture) — value us$, 2015 prices recorded in Iceland?
The highest recorded value was 220.55 million USD in 2018.
What is the lowest value added (agriculture) — value us$, 2015 prices recorded in Iceland?
The lowest recorded value was 116.98 million USD in 1997.
How does Iceland rank for value added (agriculture) — value us$, 2015 prices?
Iceland ranks 70th out of 82 countries with data for 2022.
Is value added (agriculture) — value us$, 2015 prices rising or falling in Iceland?
Over the last ten years it is up 51.7%. 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 US$, 2015 prices. Statizoid updates them automatically from the source API.

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Value Added (Agriculture) — Value US$, 2015 prices in Iceland. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 16 August 2026, from https://agriculture.statizoid.com/stat/value-added-agriculture-value-us-2015-prices/iceland/

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About this data

Indicator
Value Added (Agriculture) — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
83 places, 1,678 data points, 1970–2023
Last refreshed

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).