Net Capital Stocks (Agriculture, Forestry and Fishing) — Value in Iceland
Iceland: Net Capital Stocks (Agriculture, Forestry and Fishing) — Value was 464,661 million SLC in 2023. ▲ Rising
Net Capital Stocks (Agriculture, Forestry and Fishing) — Value in Iceland, 1995–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for net capital stocks (agriculture, forestry and fishing) — value in Iceland is 464,661 million SLC, measured in 2023.
Compared with earlier readings it is down 1.5% on the previous year and up 67.3% over ten years.
Over the whole period, net capital stocks (agriculture, forestry and fishing) — value in Iceland peaked at 471,546 million SLC in 2022 and was at its lowest, 115,438 million SLC, in 1995.
Iceland ranks 57th of 179 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Net Capital Stocks (Agriculture, Forestry and Fishing) — Value in Iceland, year by year
| Year | million SLC | Change |
|---|---|---|
| 1995 | 115,438 million SLC | — |
| 1996 | 118,935 million SLC | +3.0% |
| 1997 | 118,601 million SLC | -0.3% |
| 1998 | 128,392 million SLC | +8.3% |
| 1999 | 129,976 million SLC | +1.2% |
| 2000 | 135,154 million SLC | +4.0% |
| 2001 | 155,834 million SLC | +15.3% |
| 2002 | 155,864 million SLC | +0.0% |
| 2003 | 152,949 million SLC | -1.9% |
| 2004 | 150,545 million SLC | -1.6% |
| 2005 | 146,463 million SLC | -2.7% |
| 2006 | 165,620 million SLC | +13.1% |
| 2007 | 172,694 million SLC | +4.3% |
| 2008 | 221,474 million SLC | +28.2% |
| 2009 | 268,062 million SLC | +21.0% |
| 2010 | 270,724 million SLC | +1.0% |
| 2011 | 271,623 million SLC | +0.3% |
| 2012 | 284,005 million SLC | +4.6% |
| 2013 | 277,710 million SLC | -2.2% |
| 2014 | 282,275 million SLC | +1.6% |
| 2015 | 300,822 million SLC | +6.6% |
| 2016 | 303,603 million SLC | +0.9% |
| 2017 | 308,800 million SLC | +1.7% |
| 2018 | 326,085 million SLC | +5.6% |
| 2019 | 361,999 million SLC | +11.0% |
| 2020 | 395,514 million SLC | +9.3% |
| 2021 | 432,341 million SLC | +9.3% |
| 2022 | 471,546 million SLC | +9.1% |
| 2023 | 464,661 million SLC | -1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 122,268 million SLC | 115,438 million SLC | 129,976 million SLC | 5 |
| 2000s | 172,466 million SLC | 135,154 million SLC | 268,062 million SLC | 10 |
| 2010s | 298,765 million SLC | 270,724 million SLC | 361,999 million SLC | 10 |
| 2020s | 441,016 million SLC | 395,514 million SLC | 471,546 million SLC | 4 |
Countries ranked near Iceland
More environment data for Iceland
- Historical exposure to drought — Land soil moisture anomaly 3.89 Percentage change (2025)
- Standard Deviation, annual growth rate 0 % change on previous year (2025)
- Standard Deviation 0.587 °C (2025)
- Temperature change 1.47 °C (2025)
- Roundwood, non-coniferous — Production, annual growth rate 0 % change on previous year (2024)
- Wood fuel — Production, annual growth rate 0 % change on previous year (2024)
- Wood fuel, non-coniferous — Production, annual growth rate 0 % change on previous year (2024)
- Industrial roundwood — Production, annual growth rate 0 % change on previous year (2024)
- Industrial roundwood — Import quantity, per unit of GDP 0 m3 per US$ of GDP (2024)
- Industrial roundwood — Import quantity, per capita 0.0958 m3 per person (2024)
Frequently asked questions
- What is net capital stocks (agriculture, forestry and fishing) — value in Iceland?
- Net capital stocks (agriculture, forestry and fishing) — value in Iceland was 464,661 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest net capital stocks (agriculture, forestry and fishing) — value recorded in Iceland?
- The highest recorded value was 471,546 million SLC in 2022.
- What is the lowest net capital stocks (agriculture, forestry and fishing) — value recorded in Iceland?
- The lowest recorded value was 115,438 million SLC in 1995.
- How does Iceland rank for net capital stocks (agriculture, forestry and fishing) — value?
- Iceland ranks 57th out of 179 countries with data for 2023.
- Is net capital stocks (agriculture, forestry and fishing) — value rising or falling in Iceland?
- Over the last ten years it is up 67.3%. 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 Net Capital Stocks (Agriculture, Forestry and Fishing) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
As part of the FAO Agriculture Capital Stock (ACS) database, the Statistics Division of FAO publishes country-by-country data on physical investment in agriculture, forestry and fishing as measured by the System of National Accounts (SNA) concept of Gross Fixed Capital Formation (GFCF). Additional variables included in the ACS are Net and Gross Capital Stock, Consumption of Fixed Capital, the Agriculture Investment ratio, and the Gross Fixed Capital Formation Agriculture Orientation Index. The FAO Agriculture Capital Stock Database is an analytical database: whenever available, the database integrates official National Accounts data harvested from the UNSD National Accounts Main Aggregates Database (UNSD AMA) and the OECD Annual National Accounts Database (OECD ANA). The database is further supplemented by OECD Structural Analysis database (OECD STAN) and, in a few cases, data from country’s statistics websites. If the full set of official data is not available for any specific country, imputation methods are applied to obtain estimates over the complete time series. Many data points in ACS are estimated and are flagged as such; they do not represent official submissions by Member Countries. With a view of producing internationally comparable net capital stock estimates, the Perpetual Inventory Method (PIM) with a constant geometric depreciation rate is employed to impute missing data. The Perpetual Inventory Method is a well-established economic model to calculate Net Capital Stocks (NCS) and Consumption of Fixed Capital (CFC) from time series of Gross Fixed Capital Formation (GFCF). Specifically, annual measures of the NCS are obtained from cumulating historical series on physical investment flows and deducting the part of assets that are depreciated (the Consumption of Fixed Capital that occurs in every period). In order to implement the PIM, long time series on aggregate GFCF in agriculture, forestry and fishing is required.An attempt is made to rely as much as possible on National Accounts data published by the OECD and UNSD. When country data are partially or fully missing, econometric techniques to impute missing observations are employed. Depending on the pattern of data missingness for the countries, different imputation methods are applied (from among the ARIMAX, PANEL regression, and OLS approaches) for the data series from 1995 to 2022. The values of Agriculture Capital Stock related indicators for 2023, including Agriculture Investment Ratio, Agriculture Orientation Index, Net Capital Stock, Gross Fixed Capital Formation and Consumption of Fixed Capital, are estimated using the Holt-Winters (HW) method (Cipra et al., 1995). The HW method is an exponential smoothing method for forecasting the annual values of economic variables. In this context, the HW method relies on existing (historical) values of the Agriculture Capital Stock. The predicted value is an extrapolation of the historical values to the specified target date, which extends the timeline without considering seasonality in the annual series.All data series in the database are provided both in national currencies and in US dollars as well as in current prices and constant prices with base year 2015.