Agriculture, forestry, and fishing, value added in Iceland
Iceland: Agriculture, forestry, and fishing, value added was 130.59 billion constant LCU 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 LCU.
Analysis
Iceland recorded 130.59 billion constant LCU for agriculture, forestry, and fishing, value added in 2025.
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 155.57 billion constant LCU in 2023 and was at its lowest, 111.71 billion constant LCU, in 2011.
Iceland ranks 67th of 197 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 in Iceland, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1995 | 132.03 billion constant LCU | — |
| 1996 | 135.44 billion constant LCU | +2.6% |
| 1997 | 130.80 billion constant LCU | -3.4% |
| 1998 | 125.56 billion constant LCU | -4.0% |
| 1999 | 121.91 billion constant LCU | -2.9% |
| 2000 | 119.42 billion constant LCU | -2.0% |
| 2001 | 121.23 billion constant LCU | +1.5% |
| 2002 | 124.58 billion constant LCU | +2.8% |
| 2003 | 120.56 billion constant LCU | -3.2% |
| 2004 | 126.25 billion constant LCU | +4.7% |
| 2005 | 127.90 billion constant LCU | +1.3% |
| 2006 | 125.14 billion constant LCU | -2.2% |
| 2007 | 124.87 billion constant LCU | -0.2% |
| 2008 | 125.27 billion constant LCU | +0.3% |
| 2009 | 123.95 billion constant LCU | -1.1% |
| 2010 | 112.69 billion constant LCU | -9.1% |
| 2011 | 111.71 billion constant LCU | -0.9% |
| 2012 | 120.95 billion constant LCU | +8.3% |
| 2013 | 123.00 billion constant LCU | +1.7% |
| 2014 | 117.13 billion constant LCU | -4.8% |
| 2015 | 124.63 billion constant LCU | +6.4% |
| 2016 | 121.35 billion constant LCU | -2.6% |
| 2017 | 122.99 billion constant LCU | +1.3% |
| 2018 | 137.80 billion constant LCU | +12.0% |
| 2019 | 142.58 billion constant LCU | +3.5% |
| 2020 | 143.01 billion constant LCU | +0.3% |
| 2021 | 145.95 billion constant LCU | +2.1% |
| 2022 | 151.73 billion constant LCU | +4.0% |
| 2023 | 155.57 billion constant LCU | +2.5% |
| 2024 | 132.24 billion constant LCU | -15.0% |
| 2025 | 130.59 billion constant LCU | -1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 129.15 billion constant LCU | 121.91 billion constant LCU | 135.44 billion constant LCU | 5 |
| 2000s | 123.91 billion constant LCU | 119.42 billion constant LCU | 127.90 billion constant LCU | 10 |
| 2010s | 123.48 billion constant LCU | 111.71 billion constant LCU | 142.58 billion constant LCU | 10 |
| 2020s | 143.18 billion constant LCU | 130.59 billion constant LCU | 155.57 billion constant LCU | 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 7.15 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3036 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 29,848 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -107.38 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -93.07 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 11.69 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 4.69 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 461,476 current LCU per person (2025)
Frequently asked questions
- What is agriculture, forestry, and fishing, value added in Iceland?
- Agriculture, forestry, and fishing, value added in Iceland was 130.59 billion constant LCU 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 155.57 billion constant LCU in 2023.
- What is the lowest agriculture, forestry, and fishing, value added recorded in Iceland?
- The lowest recorded value was 111.71 billion constant LCU in 2011.
- How does Iceland rank for agriculture, forestry, and fishing, value added?
- Iceland ranks 67th 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 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 LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 varies by country. This series is expressed in local currency units.