Agriculture as a share of GDP vs. GDP per capita in Iceland
Iceland: Agriculture as a share of GDP vs. GDP per capita was 3.7% in 2025. ▼ Falling
Agriculture as a share of GDP vs. GDP per capita in Iceland, 1995–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for agriculture as a share of gdp vs. gdp per capita in Iceland is 3.7%, measured in 2025.
That represents a change of up 3.2% on the previous year and down 32.1% over ten years.
Over the whole period, agriculture as a share of gdp vs. gdp per capita in Iceland peaked at 9.1% in 1995 and was at its lowest, 3.5%, in 2024.
Iceland ranks 122nd of 203 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Agriculture as a share of GDP vs. GDP per capita in Iceland, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 9.1% | — |
| 1996 | 8.9% | -2.4% |
| 1997 | 7.9% | -11.0% |
| 1998 | 8.0% | +0.6% |
| 1999 | 7.5% | -6.1% |
| 2000 | 6.9% | -8.1% |
| 2001 | 7.4% | +7.2% |
| 2002 | 7.4% | +0.3% |
| 2003 | 6.3% | -14.3% |
| 2004 | 5.2% | -17.7% |
| 2005 | 4.7% | -10.9% |
| 2006 | 4.7% | +1.1% |
| 2007 | 4.1% | -12.1% |
| 2008 | 4.8% | +16.9% |
| 2009 | 5.6% | +15.6% |
| 2010 | 6.3% | +12.6% |
| 2011 | 6.8% | +7.9% |
| 2012 | 6.8% | -0.2% |
| 2013 | 6.0% | -10.9% |
| 2014 | 5.2% | -13.2% |
| 2015 | 5.4% | +2.6% |
| 2016 | 4.5% | -16.9% |
| 2017 | 3.8% | -16.1% |
| 2018 | 4.2% | +11.0% |
| 2019 | 4.4% | +6.2% |
| 2020 | 4.8% | +8.3% |
| 2021 | 4.4% | -8.0% |
| 2022 | 4.2% | -4.6% |
| 2023 | 4.3% | +2.3% |
| 2024 | 3.5% | -17.7% |
| 2025 | 3.7% | +3.2% |
Iceland compared with similar countries
- Iceland's 3.7% is above the median for high income countries, which is 1.5%, 2.4× the median. (74 countries reporting)
- Iceland's 3.7% is above the median for Europe & Central Asia, which is 2.6%, 1.4× the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.3% | 7.5% | 9.1% | 5 |
| 2000s | 5.7% | 4.1% | 7.4% | 10 |
| 2010s | 5.3% | 3.8% | 6.8% | 10 |
| 2020s | 4.2% | 3.5% | 4.8% | 6 |
Countries ranked near Iceland
- 119 New Zealand 4.0% compare
- 120 Mexico 3.9% compare
- 121 Kazakhstan 3.7% compare
- 123 Greece 3.6% compare
- 124 Chile 3.5% compare
- 125 Saint Vincent and the Grenadines 3.4% 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)
- Agricultural raw materials exports 0.5% (2025)
- Agricultural raw materials imports 1.0% (2025)
- Rural population 5.8% (2025)
Frequently asked questions
- What is agriculture as a share of gdp vs. gdp per capita in Iceland?
- Agriculture as a share of gdp vs. gdp per capita in Iceland was 3.7% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest agriculture as a share of gdp vs. gdp per capita recorded in Iceland?
- The highest recorded value was 9.1% in 1995.
- What is the lowest agriculture as a share of gdp vs. gdp per capita recorded in Iceland?
- The lowest recorded value was 3.5% in 2024.
- How does Iceland rank for agriculture as a share of gdp vs. gdp per capita?
- Iceland ranks 122nd out of 203 countries with data for 2025.
- Is agriculture as a share of gdp vs. gdp per capita rising or falling in Iceland?
- Over the last ten years it is down 32.1%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Agriculture as a share of GDP vs. GDP per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Agriculture includes the cultivation of crops and livestock production, as well as forestry, hunting, and fishing. GDP per capita is adjusted for inflation and differences in living costs between countries.