Agriculture, forestry, and fishing, value added (constant LCU), per in Iceland

Iceland: Agriculture, forestry, and fishing, value added (constant LCU), per was 3.38 constant LCU per US$ of GDP in 2025. ▼ Falling

Latest (2025)
3.38 constant LCU per US$ of GDP
Change on year
down 15.1%
World rank
63rd
of 197 countries
All-time high
17.91 constant LCU per US$ of GDP
in 1995
All-time low
3.38 constant LCU per US$ of GDP
in 2025
Years of data
31
1995–2025

Agriculture, forestry, and fishing, value added (constant LCU), per in Iceland, 1995–2025

51015201995201020251995: 17.9 constant LCU per US$ of GDP1996: 17.6 constant LCU per US$ of GDP1997: 16.9 constant LCU per US$ of GDP1998: 14.5 constant LCU per US$ of GDP1999: 13.4 constant LCU per US$ of GDP2000: 13.1 constant LCU per US$ of GDP2001: 14.6 constant LCU per US$ of GDP2002: 13.2 constant LCU per US$ of GDP2003: 10.4 constant LCU per US$ of GDP2004: 9 constant LCU per US$ of GDP2005: 7.5 constant LCU per US$ of GDP2006: 7.1 constant LCU per US$ of GDP2007: 5.7 constant LCU per US$ of GDP2008: 6.9 constant LCU per US$ of GDP2009: 9.4 constant LCU per US$ of GDP2010: 8.1 constant LCU per US$ of GDP2011: 7.3 constant LCU per US$ of GDP2012: 8.1 constant LCU per US$ of GDP2013: 7.6 constant LCU per US$ of GDP2014: 6.5 constant LCU per US$ of GDP2015: 7 constant LCU per US$ of GDP2016: 5.8 constant LCU per US$ of GDP2017: 4.9 constant LCU per US$ of GDP2018: 5.2 constant LCU per US$ of GDP2019: 5.7 constant LCU per US$ of GDP2020: 6.5 constant LCU per US$ of GDP2021: 5.6 constant LCU per US$ of GDP2022: 5.2 constant LCU per US$ of GDP2023: 4.9 constant LCU per US$ of GDP2024: 4 constant LCU per US$ of GDP2025: 3.4 constant LCU per US$ of GDP

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

Analysis

In 2025, agriculture, forestry, and fishing, value added (constant lcu), per in Iceland stood at 3.38 constant LCU per US$ of GDP. That is the lowest value across all 31 years on record.

Compared with earlier readings it 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 lcu), per in Iceland peaked at 17.91 constant LCU per US$ of GDP in 1995 and was at its lowest, 3.38 constant LCU per US$ of GDP, in 2025.

That places Iceland 63rd out of 197 countries with data for 2025, putting it 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 LCU), per in Iceland, year by year

Annual values for Agriculture, forestry, and fishing, value added (constant LCU), per unit of GDP in Iceland, 1995 to 2025.
Year constant LCU per US$ of GDP Change
1995 17.91 constant LCU per US$ of GDP
1996 17.62 constant LCU per US$ of GDP -1.6%
1997 16.95 constant LCU per US$ of GDP -3.8%
1998 14.54 constant LCU per US$ of GDP -14.2%
1999 13.39 constant LCU per US$ of GDP -7.9%
2000 13.06 constant LCU per US$ of GDP -2.4%
2001 14.56 constant LCU per US$ of GDP +11.5%
2002 13.23 constant LCU per US$ of GDP -9.2%
2003 10.42 constant LCU per US$ of GDP -21.2%
2004 9.04 constant LCU per US$ of GDP -13.3%
2005 7.46 constant LCU per US$ of GDP -17.5%
2006 7.08 constant LCU per US$ of GDP -5.1%
2007 5.69 constant LCU per US$ of GDP -19.7%
2008 6.86 constant LCU per US$ of GDP +20.7%
2009 9.38 constant LCU per US$ of GDP +36.7%
2010 8.09 constant LCU per US$ of GDP -13.7%
2011 7.26 constant LCU per US$ of GDP -10.3%
2012 8.09 constant LCU per US$ of GDP +11.5%
2013 7.57 constant LCU per US$ of GDP -6.4%
2014 6.49 constant LCU per US$ of GDP -14.3%
2015 7.04 constant LCU per US$ of GDP +8.5%
2016 5.76 constant LCU per US$ of GDP -18.3%
2017 4.91 constant LCU per US$ of GDP -14.7%
2018 5.17 constant LCU per US$ of GDP +5.2%
2019 5.71 constant LCU per US$ of GDP +10.5%
2020 6.49 constant LCU per US$ of GDP +13.7%
2021 5.56 constant LCU per US$ of GDP -14.3%
2022 5.2 constant LCU per US$ of GDP -6.5%
2023 4.91 constant LCU per US$ of GDP -5.6%
2024 3.98 constant LCU per US$ of GDP -18.8%
2025 3.38 constant LCU per US$ of GDP -15.1%

Iceland compared with similar countries

  • Iceland's 3.38 constant LCU per US$ of GDP is above the median for high income countries, which is 0.0174 constant LCU per US$ of GDP, 194.9× the median. (67 countries reporting)
  • Iceland's 3.38 constant LCU per US$ of GDP is above the median for Europe & Central Asia, which is 0.029 constant LCU per US$ of GDP, 116.6× the median. (53 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 16.08 constant LCU per US$ of GDP 13.39 constant LCU per US$ of GDP 17.91 constant LCU per US$ of GDP 5
2000s 9.68 constant LCU per US$ of GDP 5.69 constant LCU per US$ of GDP 14.56 constant LCU per US$ of GDP 10
2010s 6.61 constant LCU per US$ of GDP 4.91 constant LCU per US$ of GDP 8.09 constant LCU per US$ of GDP 10
2020s 4.92 constant LCU per US$ of GDP 3.38 constant LCU per US$ of GDP 6.49 constant LCU per US$ of GDP 6

Countries ranked near Iceland

  1. 60 Djibouti 4.1 constant LCU per US$ of GDP compare
  2. 61 Philippines 3.76 constant LCU per US$ of GDP compare
  3. 62 Syrian Arab Republic 3.76 constant LCU per US$ of GDP compare
  4. 64 Kyrgyzstan 3.38 constant LCU per US$ of GDP compare
  5. 65 Serbia 3.13 constant LCU per US$ of GDP compare
  6. 66 Cape Verde 3.07 constant LCU per US$ of GDP compare

See the full ranking of 198 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is agriculture, forestry, and fishing, value added (constant lcu), per in Iceland?
Agriculture, forestry, and fishing, value added (constant lcu), per in Iceland was 3.38 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest agriculture, forestry, and fishing, value added (constant lcu), per recorded in Iceland?
The highest recorded value was 17.91 constant LCU per US$ of GDP in 1995.
What is the lowest agriculture, forestry, and fishing, value added (constant lcu), per recorded in Iceland?
The lowest recorded value was 3.38 constant LCU per US$ of GDP in 2025.
How does Iceland rank for agriculture, forestry, and fishing, value added (constant lcu), per?
Iceland ranks 63rd out of 197 countries with data for 2025.
Is agriculture, forestry, and fishing, value added (constant lcu), per 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 LCU), per unit of GDP. Statizoid updates them automatically from the source API.

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

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How this figure is calculated

Agriculture, forestry, and fishing, value added (constant LCU) 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 LCU) ÷ 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 LCU), per unit of GDP
Unit
constant LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 8,461 data points, 1960–2025
Last refreshed

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