Value of agricultural production in Iceland
Iceland: Value of agricultural production was 355.93 million in 2024. ▲ Rising
Latest (2024)
355.93 million
Change on year
up 6.9%
World rank
136th
of 174 countries
All-time high
355.93 million
in 2024
All-time low
159.37 million
in 2001
Years of data
34
1991–2024
Value of agricultural production in Iceland, 1991–2024
Source: Our World in Data.
Analysis
In 2024, value of agricultural production in Iceland stood at 355.93 million. That is the highest value across all 34 years on record.
The figure is up 6.9% on the previous year and up 41.2% over ten years.
Over the whole period, value of agricultural production in Iceland peaked at 355.93 million in 2024 and was at its lowest, 159.37 million, in 2001.
Iceland ranks 136th of 174 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Value of agricultural production in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 231.49 million | — |
| 1992 | 233.99 million | +1.1% |
| 1993 | 191.69 million | -18.1% |
| 1994 | 185.05 million | -3.5% |
| 1995 | 202.07 million | +9.2% |
| 1996 | 190.63 million | -5.7% |
| 1997 | 186.46 million | -2.2% |
| 1998 | 172.60 million | -7.4% |
| 1999 | 191.25 million | +10.8% |
| 2000 | 182.56 million | -4.5% |
| 2001 | 159.37 million | -12.7% |
| 2002 | 170.23 million | +6.8% |
| 2003 | 206.23 million | +21.2% |
| 2004 | 242.63 million | +17.7% |
| 2005 | 292.38 million | +20.5% |
| 2006 | 280.12 million | -4.2% |
| 2007 | 255.75 million | -8.7% |
| 2008 | 225.75 million | -11.7% |
| 2009 | 175.06 million | -22.5% |
| 2010 | 183.27 million | +4.7% |
| 2011 | 211.92 million | +15.6% |
| 2012 | 209.24 million | -1.3% |
| 2013 | 217.81 million | +4.1% |
| 2014 | 252.13 million | +15.8% |
| 2015 | 240.62 million | -4.6% |
| 2016 | 274.51 million | +14.1% |
| 2017 | 306.74 million | +11.7% |
| 2018 | 285.96 million | -6.8% |
| 2019 | 265.23 million | -7.3% |
| 2020 | 246.28 million | -7.1% |
| 2021 | 279.13 million | +13.3% |
| 2022 | 297.13 million | +6.4% |
| 2023 | 332.95 million | +12.1% |
| 2024 | 355.93 million | +6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 198.36 million | 172.60 million | 233.99 million | 9 |
| 2000s | 219.01 million | 159.37 million | 292.38 million | 10 |
| 2010s | 244.74 million | 183.27 million | 306.74 million | 10 |
| 2020s | 302.28 million | 246.28 million | 355.93 million | 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)
- 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)
Frequently asked questions
- What is value of agricultural production in Iceland?
- Value of agricultural production in Iceland was 355.93 million in 2024, according to Our World in Data.
- What is the highest value of agricultural production recorded in Iceland?
- The highest recorded value was 355.93 million in 2024.
- What is the lowest value of agricultural production recorded in Iceland?
- The lowest recorded value was 159.37 million in 2001.
- How does Iceland rank for value of agricultural production?
- Iceland ranks 136th out of 174 countries with data for 2024.
- Is value of agricultural production rising or falling in Iceland?
- Over the last ten years it is up 41.2%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Our World in Data, published as part of Value of agricultural production. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (Our World in Data).