Agriculture, forestry, and fishing, value added (constant 2015 US$) in Iceland
Iceland: Agriculture, forestry, and fishing, value added (constant 2015 US$) was 998.28 million constant 2015 US$ in 2025. ▲ Rising
Agriculture, forestry, and fishing, value added in Iceland, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2025, agriculture, forestry, and fishing, value added in Iceland stood at 998.28 million constant 2015 US$.
Compared with earlier readings it is down 1.2% on the previous year and up 4.8% over ten years.
Over the whole period, agriculture, forestry, and fishing, value added in Iceland peaked at 1.19 billion constant 2015 US$ in 2023 and was at its lowest, 853.93 million constant 2015 US$, in 2011.
Iceland ranks 131st of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Agriculture, forestry, and fishing, value added (constant 2015 US$) in Iceland, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1995 | 1.01 billion constant 2015 US$ | — |
| 1996 | 1.04 billion constant 2015 US$ | +2.6% |
| 1997 | 999.84 million constant 2015 US$ | -3.4% |
| 1998 | 959.83 million constant 2015 US$ | -4.0% |
| 1999 | 931.90 million constant 2015 US$ | -2.9% |
| 2000 | 912.82 million constant 2015 US$ | -2.0% |
| 2001 | 926.69 million constant 2015 US$ | +1.5% |
| 2002 | 952.26 million constant 2015 US$ | +2.8% |
| 2003 | 921.58 million constant 2015 US$ | -3.2% |
| 2004 | 965.05 million constant 2015 US$ | +4.7% |
| 2005 | 977.65 million constant 2015 US$ | +1.3% |
| 2006 | 956.57 million constant 2015 US$ | -2.2% |
| 2007 | 954.53 million constant 2015 US$ | -0.2% |
| 2008 | 957.55 million constant 2015 US$ | +0.3% |
| 2009 | 947.47 million constant 2015 US$ | -1.1% |
| 2010 | 861.42 million constant 2015 US$ | -9.1% |
| 2011 | 853.93 million constant 2015 US$ | -0.9% |
| 2012 | 924.53 million constant 2015 US$ | +8.3% |
| 2013 | 940.25 million constant 2015 US$ | +1.7% |
| 2014 | 895.34 million constant 2015 US$ | -4.8% |
| 2015 | 952.66 million constant 2015 US$ | +6.4% |
| 2016 | 927.63 million constant 2015 US$ | -2.6% |
| 2017 | 940.12 million constant 2015 US$ | +1.3% |
| 2018 | 1.05 billion constant 2015 US$ | +12.0% |
| 2019 | 1.09 billion constant 2015 US$ | +3.5% |
| 2020 | 1.09 billion constant 2015 US$ | +0.3% |
| 2021 | 1.12 billion constant 2015 US$ | +2.1% |
| 2022 | 1.16 billion constant 2015 US$ | +4.0% |
| 2023 | 1.19 billion constant 2015 US$ | +2.5% |
| 2024 | 1.01 billion constant 2015 US$ | -15.0% |
| 2025 | 998.28 million constant 2015 US$ | -1.2% |
Iceland compared with similar countries
- Iceland's 998.28 million constant 2015 US$ is below the median for high income countries, which is 2.27 billion constant 2015 US$, 44% of the median. (67 countries reporting)
- Iceland's 998.28 million constant 2015 US$ is below the median for Europe & Central Asia, which is 3.29 billion constant 2015 US$, 30% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 987.23 million constant 2015 US$ | 931.90 million constant 2015 US$ | 1.04 billion constant 2015 US$ | 5 |
| 2000s | 947.22 million constant 2015 US$ | 912.82 million constant 2015 US$ | 977.65 million constant 2015 US$ | 10 |
| 2010s | 943.91 million constant 2015 US$ | 853.93 million constant 2015 US$ | 1.09 billion constant 2015 US$ | 10 |
| 2020s | 1.09 billion constant 2015 US$ | 998.28 million constant 2015 US$ | 1.19 billion constant 2015 US$ | 6 |
Countries ranked near Iceland
- 128 Burundi 1.12 billion constant 2015 US$ compare
- 129 Moldova 1.10 billion constant 2015 US$ compare
- 130 Bosnia and Herzegovina 1.05 billion constant 2015 US$ compare
- 132 Congo 978.16 million constant 2015 US$ compare
- 133 Latvia 891.35 million constant 2015 US$ compare
- 134 Slovenia 890.55 million constant 2015 US$ compare
More economy & growth data for Iceland
- Real gdp growth, annual growth rate -125.5 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.55 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,500 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5124 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1,095 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % 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 998.28 million constant 2015 US$ 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 1.19 billion constant 2015 US$ in 2023.
- What is the lowest agriculture, forestry, and fishing, value added recorded in Iceland?
- The lowest recorded value was 853.93 million constant 2015 US$ in 2011.
- How does Iceland rank for agriculture, forestry, and fishing, value added?
- Iceland ranks 131st out of 194 countries with data for 2025.
- Is agriculture, forestry, and fishing, value added rising or falling in Iceland?
- Over the last ten years it is up 4.8%. The long-run trend across the full record is rising.
- 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 (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
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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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.