Agriculture, forestry, and fishing, value added in Iceland
Iceland: Agriculture, forestry, and fishing, value added was -1.2% in 2025. ◆ Volatile
Agriculture, forestry, and fishing, value added in Iceland, 1996–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
Iceland recorded -1.2% for agriculture, forestry, and fishing, value added in 2025.
That represents a change of up 91.7% on the previous year and down 119.4% over ten years.
Over the whole period, agriculture, forestry, and fishing, value added in Iceland peaked at 12.0% in 2018 and was at its lowest, -15.0%, in 2024.
That places Iceland 161st out of 197 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Agriculture, forestry, and fishing, value added in Iceland, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1996 | 2.6% | — |
| 1997 | -3.4% | -232.8% |
| 1998 | -4.0% | +16.8% |
| 1999 | -2.9% | -27.3% |
| 2000 | -2.0% | -29.6% |
| 2001 | 1.5% | -174.2% |
| 2002 | 2.8% | +81.7% |
| 2003 | -3.2% | -216.8% |
| 2004 | 4.7% | -246.4% |
| 2005 | 1.3% | -72.3% |
| 2006 | -2.2% | -265.1% |
| 2007 | -0.2% | -90.1% |
| 2008 | 0.3% | -248.5% |
| 2009 | -1.1% | -432.4% |
| 2010 | -9.1% | +762.8% |
| 2011 | -0.9% | -90.4% |
| 2012 | 8.3% | -1050.3% |
| 2013 | 1.7% | -79.4% |
| 2014 | -4.8% | -381.0% |
| 2015 | 6.4% | -234.0% |
| 2016 | -2.6% | -141.0% |
| 2017 | 1.3% | -151.3% |
| 2018 | 12.0% | +794.2% |
| 2019 | 3.5% | -71.2% |
| 2020 | 0.3% | -91.2% |
| 2021 | 2.1% | +575.9% |
| 2022 | 4.0% | +92.7% |
| 2023 | 2.5% | -36.1% |
| 2024 | -15.0% | -692.3% |
| 2025 | -1.2% | -91.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.9% | -4.0% | 2.6% | 4 |
| 2000s | 0.2% | -3.2% | 4.7% | 10 |
| 2010s | 1.6% | -9.1% | 12.0% | 10 |
| 2020s | -1.2% | -15.0% | 4.0% | 6 |
Countries ranked near Iceland
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is agriculture, forestry, and fishing, value added in Iceland?
- Agriculture, forestry, and fishing, value added in Iceland was -1.2% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest agriculture, forestry, and fishing, value added recorded in Iceland?
- The highest recorded value was 12.0% in 2018.
- What is the lowest agriculture, forestry, and fishing, value added recorded in Iceland?
- The lowest recorded value was -15.0% in 2024.
- How does Iceland rank for agriculture, forestry, and fishing, value added?
- Iceland ranks 161st out of 197 countries with data for 2025.
- Is agriculture, forestry, and fishing, value added rising or falling in Iceland?
- Over the last ten years it is down 119.4%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Agriculture, forestry, and fishing, value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Agriculture, forestry, and fishing corresponds to ISIC (Rev. 4) divisions 01-03 and includes the exploitation of vegetal and animal natural resources, comprising the activities of growing of crops, raising and breeding of animals, harvesting of timber and other plants, animals or animal products from a farm or their natural habitats.Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.