Agriculture, forestry, and fishing, value added (constant 2015 US$) in Iceland

Iceland: Agriculture, forestry, and fishing, value added (constant 2015 US$) was 0.0259 constant 2015 US$ per US$ of GDP in 2025. ▼ Falling

Latest (2025)
0.0259 constant 2015 US$ per US$ of GDP
Change on year
down 15.1%
World rank
124th
of 194 countries
All-time high
0.1369 constant 2015 US$ per US$ of GDP
in 1995
All-time low
0.0259 constant 2015 US$ per US$ of GDP
in 2025
Years of data
31
1995–2025

Agriculture, forestry, and fishing, value added (constant 2015 US$) in Iceland, 1995–2025

0.0250.050.0750.10.1251995201020251995: 0.137 constant 2015 US$ per US$ of GDP1996: 0.135 constant 2015 US$ per US$ of GDP1997: 0.13 constant 2015 US$ per US$ of GDP1998: 0.111 constant 2015 US$ per US$ of GDP1999: 0.102 constant 2015 US$ per US$ of GDP2000: 0.1 constant 2015 US$ per US$ of GDP2001: 0.111 constant 2015 US$ per US$ of GDP2002: 0.101 constant 2015 US$ per US$ of GDP2003: 0.08 constant 2015 US$ per US$ of GDP2004: 0.069 constant 2015 US$ per US$ of GDP2005: 0.057 constant 2015 US$ per US$ of GDP2006: 0.054 constant 2015 US$ per US$ of GDP2007: 0.043 constant 2015 US$ per US$ of GDP2008: 0.052 constant 2015 US$ per US$ of GDP2009: 0.072 constant 2015 US$ per US$ of GDP2010: 0.062 constant 2015 US$ per US$ of GDP2011: 0.055 constant 2015 US$ per US$ of GDP2012: 0.062 constant 2015 US$ per US$ of GDP2013: 0.058 constant 2015 US$ per US$ of GDP2014: 0.05 constant 2015 US$ per US$ of GDP2015: 0.054 constant 2015 US$ per US$ of GDP2016: 0.044 constant 2015 US$ per US$ of GDP2017: 0.038 constant 2015 US$ per US$ of GDP2018: 0.039 constant 2015 US$ per US$ of GDP2019: 0.044 constant 2015 US$ per US$ of GDP2020: 0.05 constant 2015 US$ per US$ of GDP2021: 0.043 constant 2015 US$ per US$ of GDP2022: 0.04 constant 2015 US$ per US$ of GDP2023: 0.038 constant 2015 US$ per US$ of GDP2024: 0.03 constant 2015 US$ per US$ of GDP2025: 0.026 constant 2015 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

Iceland recorded 0.0259 constant 2015 US$ per US$ of GDP for agriculture, forestry, and fishing, value added (constant 2015 us$) in 2025. That is the lowest value across all 31 years on record.

The figure is down 15.1% on the previous year and down 51.9% over ten years.

Over the whole period, agriculture, forestry, and fishing, value added (constant 2015 us$) in Iceland peaked at 0.1369 constant 2015 US$ per US$ of GDP in 1995 and was at its lowest, 0.0259 constant 2015 US$ per US$ of GDP, in 2025.

Iceland ranks 124th of 194 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 31 years of available data.

Agriculture, forestry, and fishing, value added (constant 2015 US$) in Iceland, year by year

Annual values for Agriculture, forestry, and fishing, value added (constant 2015 US$), per unit of GDP in Iceland, 1995 to 2025.
Year constant 2015 US$ per US$ of GDP Change
1995 0.1369 constant 2015 US$ per US$ of GDP
1996 0.1347 constant 2015 US$ per US$ of GDP -1.6%
1997 0.1296 constant 2015 US$ per US$ of GDP -3.8%
1998 0.1111 constant 2015 US$ per US$ of GDP -14.2%
1999 0.1023 constant 2015 US$ per US$ of GDP -7.9%
2000 0.0999 constant 2015 US$ per US$ of GDP -2.4%
2001 0.1113 constant 2015 US$ per US$ of GDP +11.5%
2002 0.1011 constant 2015 US$ per US$ of GDP -9.2%
2003 0.0797 constant 2015 US$ per US$ of GDP -21.2%
2004 0.0691 constant 2015 US$ per US$ of GDP -13.3%
2005 0.057 constant 2015 US$ per US$ of GDP -17.5%
2006 0.0541 constant 2015 US$ per US$ of GDP -5.1%
2007 0.0435 constant 2015 US$ per US$ of GDP -19.7%
2008 0.0525 constant 2015 US$ per US$ of GDP +20.7%
2009 0.0717 constant 2015 US$ per US$ of GDP +36.7%
2010 0.0619 constant 2015 US$ per US$ of GDP -13.7%
2011 0.0555 constant 2015 US$ per US$ of GDP -10.3%
2012 0.0619 constant 2015 US$ per US$ of GDP +11.5%
2013 0.0579 constant 2015 US$ per US$ of GDP -6.4%
2014 0.0496 constant 2015 US$ per US$ of GDP -14.3%
2015 0.0538 constant 2015 US$ per US$ of GDP +8.5%
2016 0.044 constant 2015 US$ per US$ of GDP -18.3%
2017 0.0375 constant 2015 US$ per US$ of GDP -14.7%
2018 0.0395 constant 2015 US$ per US$ of GDP +5.2%
2019 0.0436 constant 2015 US$ per US$ of GDP +10.5%
2020 0.0496 constant 2015 US$ per US$ of GDP +13.7%
2021 0.0425 constant 2015 US$ per US$ of GDP -14.3%
2022 0.0398 constant 2015 US$ per US$ of GDP -6.5%
2023 0.0375 constant 2015 US$ per US$ of GDP -5.6%
2024 0.0305 constant 2015 US$ per US$ of GDP -18.8%
2025 0.0259 constant 2015 US$ per US$ of GDP -15.1%

Iceland compared with similar countries

  • Iceland's 0.0259 constant 2015 US$ per US$ of GDP is above the median for high income countries, which is 0.0105 constant 2015 US$ per US$ of GDP, 2.5× the median. (67 countries reporting)
  • Iceland's 0.0259 constant 2015 US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.0178 constant 2015 US$ per US$ of GDP, 1.5× the median. (53 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.1229 constant 2015 US$ per US$ of GDP 0.1023 constant 2015 US$ per US$ of GDP 0.1369 constant 2015 US$ per US$ of GDP 5
2000s 0.074 constant 2015 US$ per US$ of GDP 0.0435 constant 2015 US$ per US$ of GDP 0.1113 constant 2015 US$ per US$ of GDP 10
2010s 0.0505 constant 2015 US$ per US$ of GDP 0.0375 constant 2015 US$ per US$ of GDP 0.0619 constant 2015 US$ per US$ of GDP 10
2020s 0.0376 constant 2015 US$ per US$ of GDP 0.0259 constant 2015 US$ per US$ of GDP 0.0496 constant 2015 US$ per US$ of GDP 6

Countries ranked near Iceland

  1. 121 Oman 0.0302 constant 2015 US$ per US$ of GDP compare
  2. 122 Costa Rica 0.0285 constant 2015 US$ per US$ of GDP compare
  3. 123 Sao Tome and Principe 0.0281 constant 2015 US$ per US$ of GDP compare
  4. 125 Saint Vincent and the Grenadines 0.0258 constant 2015 US$ per US$ of GDP compare
  5. 126 Panama 0.0251 constant 2015 US$ per US$ of GDP compare
  6. 127 South Africa 0.0247 constant 2015 US$ per US$ of GDP compare

See the full ranking of 240 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is agriculture, forestry, and fishing, value added (constant 2015 us$) in Iceland?
Agriculture, forestry, and fishing, value added (constant 2015 us$) in Iceland was 0.0259 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest agriculture, forestry, and fishing, value added (constant 2015 us$) recorded in Iceland?
The highest recorded value was 0.1369 constant 2015 US$ per US$ of GDP in 1995.
What is the lowest agriculture, forestry, and fishing, value added (constant 2015 us$) recorded in Iceland?
The lowest recorded value was 0.0259 constant 2015 US$ per US$ of GDP in 2025.
How does Iceland rank for agriculture, forestry, and fishing, value added (constant 2015 us$)?
Iceland ranks 124th out of 194 countries with data for 2025.
Is agriculture, forestry, and fishing, value added (constant 2015 us$) rising or falling in Iceland?
Over the last ten years it is down 51.9%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from Statizoid (derived), published as part of Agriculture, forestry, and fishing, value added (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Agriculture, forestry, and fishing, value added (constant 2015 US$) in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 14 September 2026, from https://economy.statizoid.com/stat/agriculture-forestry-and-fishing-value-added-constant-2015-us-per-unit-of-gdp/iceland/

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How this figure is calculated

Agriculture, forestry, and fishing, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Agriculture, forestry, and fishing, value added (constant 2015 US$) ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Agriculture, forestry, and fishing, value added (constant 2015 US$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
240 places, 10,602 data points, 1960–2025
Last refreshed

Agriculture, forestry, and fishing, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.