Value Added (Agriculture, Forestry and Fishing) — Value Standard in Iceland
Iceland: Value Added (Agriculture, Forestry and Fishing) — Value Standard was 165,809 million SLC in 2024. ◆ Volatile
Value Added (Agriculture, Forestry and Fishing) — Value Standard in Iceland, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, value added (agriculture, forestry and fishing) — value standard in Iceland stood at 165,809 million SLC. That is the highest value across all 55 years on record.
That represents a change of up 0.5% on the previous year and up 50.9% over ten years.
Over the whole period, value added (agriculture, forestry and fishing) — value standard in Iceland peaked at 165,809 million SLC in 2024 and was at its lowest, 46.22 million SLC, in 1970.
Iceland ranks 72nd of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Agriculture, Forestry and Fishing) — Value Standard in Iceland, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 46.22 million SLC | — |
| 1971 | 59.29 million SLC | +28.3% |
| 1972 | 72.58 million SLC | +22.4% |
| 1973 | 104.75 million SLC | +44.3% |
| 1974 | 155.89 million SLC | +48.8% |
| 1975 | 195.04 million SLC | +25.1% |
| 1976 | 266.43 million SLC | +36.6% |
| 1977 | 446.6 million SLC | +67.6% |
| 1978 | 726.35 million SLC | +62.6% |
| 1979 | 1,057 million SLC | +45.6% |
| 1980 | 1,623 million SLC | +53.5% |
| 1981 | 2,378 million SLC | +46.5% |
| 1982 | 3,051 million SLC | +28.3% |
| 1983 | 5,303 million SLC | +73.8% |
| 1984 | 7,456 million SLC | +40.6% |
| 1985 | 11,825 million SLC | +58.6% |
| 1986 | 16,371 million SLC | +38.4% |
| 1987 | 21,801 million SLC | +33.2% |
| 1988 | 26,015 million SLC | +19.3% |
| 1989 | 30,216 million SLC | +16.1% |
| 1990 | 36,129 million SLC | +19.6% |
| 1991 | 40,302 million SLC | +11.6% |
| 1992 | 39,215 million SLC | -2.7% |
| 1993 | 40,210 million SLC | +2.5% |
| 1994 | 40,580 million SLC | +0.9% |
| 1995 | 43,162 million SLC | +6.4% |
| 1996 | 45,177 million SLC | +4.7% |
| 1997 | 43,184 million SLC | -4.4% |
| 1998 | 48,931 million SLC | +13.3% |
| 1999 | 49,383 million SLC | +0.9% |
| 2000 | 49,520 million SLC | +0.3% |
| 2001 | 59,917 million SLC | +21.0% |
| 2002 | 64,009 million SLC | +6.8% |
| 2003 | 56,317 million SLC | -12.0% |
| 2004 | 51,276 million SLC | -9.0% |
| 2005 | 49,927 million SLC | -2.6% |
| 2006 | 58,267 million SLC | +16.7% |
| 2007 | 58,012 million SLC | -0.4% |
| 2008 | 77,661 million SLC | +33.9% |
| 2009 | 91,901 million SLC | +18.3% |
| 2010 | 105,621 million SLC | +14.9% |
| 2011 | 113,270 million SLC | +7.2% |
| 2012 | 120,815 million SLC | +6.7% |
| 2013 | 115,122 million SLC | -4.7% |
| 2014 | 109,892 million SLC | -4.5% |
| 2015 | 122,265 million SLC | +11.3% |
| 2016 | 114,918 million SLC | -6.0% |
| 2017 | 99,813 million SLC | -13.1% |
| 2018 | 111,063 million SLC | +11.3% |
| 2019 | 132,695 million SLC | +19.5% |
| 2020 | 135,934 million SLC | +2.4% |
| 2021 | 143,116 million SLC | +5.3% |
| 2022 | 165,421 million SLC | +15.6% |
| 2023 | 164,973 million SLC | -0.3% |
| 2024 | 165,809 million SLC | +0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 313.05 million SLC | 46.22 million SLC | 1,057 million SLC | 10 |
| 1980s | 12,604 million SLC | 1,623 million SLC | 30,216 million SLC | 10 |
| 1990s | 42,627 million SLC | 36,129 million SLC | 49,383 million SLC | 10 |
| 2000s | 61,681 million SLC | 49,520 million SLC | 91,901 million SLC | 10 |
| 2010s | 114,547 million SLC | 99,813 million SLC | 132,695 million SLC | 10 |
| 2020s | 155,051 million SLC | 135,934 million SLC | 165,809 million SLC | 5 |
Countries ranked near Iceland
- 69 Equatorial Guinea 223,260 million SLC compare
- 70 South Africa 205,382 million SLC compare
- 71 USSR 184,300 million SLC compare
- 73 Malaysia 156,776 million SLC compare
- 74 Morocco 154,881 million SLC compare
- 75 Kyrgyzstan 122,877 million SLC compare
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)
- Graphic papers — Import quantity, annual growth rate -7.7 % change on previous year (2024)
- Graphic papers — Import quantity, per unit of GDP 0 t per US$ of GDP (2024)
- Graphic papers — Import quantity, per capita 0.0093 t per person (2024)
- Graphic papers — Import value, annual growth rate -12.91 % change on previous year (2024)
- Graphic papers — Import value, per unit of GDP 0 1000 USD per US$ of GDP (2024)
- Graphic papers — Import value, per capita 0.0129 1000 USD per person (2024)
Frequently asked questions
- What is value added (agriculture, forestry and fishing) — value standard in Iceland?
- Value added (agriculture, forestry and fishing) — value standard in Iceland was 165,809 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (agriculture, forestry and fishing) — value standard recorded in Iceland?
- The highest recorded value was 165,809 million SLC in 2024.
- What is the lowest value added (agriculture, forestry and fishing) — value standard recorded in Iceland?
- The lowest recorded value was 46.22 million SLC in 1970.
- How does Iceland rank for value added (agriculture, forestry and fishing) — value standard?
- Iceland ranks 72nd out of 199 countries with data for 2024.
- Is value added (agriculture, forestry and fishing) — value standard rising or falling in Iceland?
- Over the last ten years it is up 50.9%. 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) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).