Value Added (Agriculture, Forestry and Fishing) — Annual growth in Iceland
Iceland: Value Added (Agriculture, Forestry and Fishing) — Annual growth was 0.5068 % in 2024. ◆ Volatile
Value Added (Agriculture, Forestry and Fishing) — Annual growth in Iceland, 1971–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
In 2024, value added (agriculture, forestry and fishing) — annual growth in Iceland stood at 0.5068 %.
Compared with earlier readings it is up 287.1% on the previous year and up 111.2% over ten years.
Over the whole period, value added (agriculture, forestry and fishing) — annual growth in Iceland peaked at 73.83 % in 1983 and was at its lowest, -13.14 %, in 2017.
That places Iceland 161st out of 199 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Agriculture, Forestry and Fishing) — Annual growth in Iceland, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 28.28 % | — |
| 1972 | 22.42 % | -20.7% |
| 1973 | 44.33 % | +97.7% |
| 1974 | 48.82 % | +10.1% |
| 1975 | 25.12 % | -48.6% |
| 1976 | 36.6 % | +45.7% |
| 1977 | 67.62 % | +84.8% |
| 1978 | 62.64 % | -7.4% |
| 1979 | 45.57 % | -27.3% |
| 1980 | 53.5 % | +17.4% |
| 1981 | 46.51 % | -13.1% |
| 1982 | 28.3 % | -39.2% |
| 1983 | 73.83 % | +160.9% |
| 1984 | 40.6 % | -45.0% |
| 1985 | 58.58 % | +44.3% |
| 1986 | 38.44 % | -34.4% |
| 1987 | 33.17 % | -13.7% |
| 1988 | 19.33 % | -41.7% |
| 1989 | 16.15 % | -16.5% |
| 1990 | 19.57 % | +21.2% |
| 1991 | 11.55 % | -41.0% |
| 1992 | -2.7 % | -123.4% |
| 1993 | 2.54 % | -194.1% |
| 1994 | 0.9212 % | -63.7% |
| 1995 | 6.36 % | +590.7% |
| 1996 | 4.67 % | -26.6% |
| 1997 | -4.41 % | -194.5% |
| 1998 | 13.31 % | -401.7% |
| 1999 | 0.9235 % | -93.1% |
| 2000 | 0.2773 % | -70.0% |
| 2001 | 20.99 % | +7471.1% |
| 2002 | 6.83 % | -67.5% |
| 2003 | -12.02 % | -275.9% |
| 2004 | -8.95 % | -25.5% |
| 2005 | -2.63 % | -70.6% |
| 2006 | 16.7 % | -734.8% |
| 2007 | -0.438 % | -102.6% |
| 2008 | 33.87 % | -7833.3% |
| 2009 | 18.34 % | -45.9% |
| 2010 | 14.93 % | -18.6% |
| 2011 | 7.24 % | -51.5% |
| 2012 | 6.66 % | -8.0% |
| 2013 | -4.71 % | -170.7% |
| 2014 | -4.54 % | -3.6% |
| 2015 | 11.26 % | -347.8% |
| 2016 | -6.01 % | -153.4% |
| 2017 | -13.14 % | +118.7% |
| 2018 | 11.27 % | -185.8% |
| 2019 | 19.48 % | +72.8% |
| 2020 | 2.44 % | -87.5% |
| 2021 | 5.28 % | +116.5% |
| 2022 | 15.58 % | +194.9% |
| 2023 | -0.2709 % | -101.7% |
| 2024 | 0.5068 % | -287.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 42.38 % | 22.42 % | 67.62 % | 9 |
| 1980s | 40.84 % | 16.15 % | 73.83 % | 10 |
| 1990s | 5.27 % | -4.41 % | 19.57 % | 10 |
| 2000s | 7.3 % | -12.02 % | 33.87 % | 10 |
| 2010s | 4.24 % | -13.14 % | 19.48 % | 10 |
| 2020s | 4.71 % | -0.2709 % | 15.58 % | 5 |
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)
- Sawlogs and veneer logs — Production, annual growth rate -100 % change on previous year (2021)
- Sawlogs and veneer logs, non-coniferous — Production, annual growth -100 % change on previous year (2017)
- Other industrial roundwood — Production, annual growth rate 0 % change on previous year (2024)
- Other industrial roundwood, non-coniferous (production) — Production 0 % change on previous year (2024)
- Sawnwood — Production, per unit of GDP 0 m3 per US$ of GDP (2024)
- Sawnwood — Production, per capita 0 m3 per person (2024)
Frequently asked questions
- What is value added (agriculture, forestry and fishing) — annual growth in Iceland?
- Value added (agriculture, forestry and fishing) — annual growth in Iceland was 0.5068 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (agriculture, forestry and fishing) — annual growth recorded in Iceland?
- The highest recorded value was 73.83 % in 1983.
- What is the lowest value added (agriculture, forestry and fishing) — annual growth recorded in Iceland?
- The lowest recorded value was -13.14 % in 2017.
- How does Iceland rank for value added (agriculture, forestry and fishing) — annual growth?
- Iceland ranks 161st out of 199 countries with data for 2024.
- Is value added (agriculture, forestry and fishing) — annual growth rising or falling in Iceland?
- Over the last ten years it is up 111.2%. The long-run trend across the full record is volatile.
- 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, Forestry and Fishing) — Annual growth Standard Local Currency. Statizoid updates them automatically from the source API.
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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).