Carrots and turnips — Producer Price in Iceland
Iceland: Carrots and turnips — Producer Price was 587,755 LCU in 2024. ▲ Rising
Carrots and turnips — Producer Price in Iceland, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in LCU.
Analysis
In 2024, carrots and turnips — producer price in Iceland stood at 587,755 LCU. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 6.0% on the previous year and up 70.5% over ten years.
Over the whole period, carrots and turnips — producer price in Iceland peaked at 587,755 LCU in 2024 and was at its lowest, 108,170 LCU, in 1993.
Iceland ranks 12th of 102 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Carrots and turnips — Producer Price in Iceland, year by year
| Year | LCU | Change |
|---|---|---|
| 1991 | 119,450 LCU | — |
| 1992 | 126,500 LCU | +5.9% |
| 1993 | 108,170 LCU | -14.5% |
| 1994 | 155,300 LCU | +43.6% |
| 1995 | 190,700 LCU | +22.8% |
| 1996 | 164,370 LCU | -13.8% |
| 1997 | 169,340 LCU | +3.0% |
| 1998 | 167,000 LCU | -1.4% |
| 1999 | 217,000 LCU | +29.9% |
| 2000 | 193,000 LCU | -11.1% |
| 2001 | 191,000 LCU | -1.0% |
| 2002 | 170,000 LCU | -11.0% |
| 2003 | 213,000 LCU | +25.3% |
| 2004 | 248,000 LCU | +16.4% |
| 2013 | 354,300 LCU | +42.9% |
| 2014 | 344,700 LCU | -2.7% |
| 2015 | 355,700 LCU | +3.2% |
| 2016 | 364,100 LCU | +2.4% |
| 2017 | 365,170 LCU | +0.3% |
| 2018 | 432,700 LCU | +18.5% |
| 2019 | 399,600 LCU | -7.6% |
| 2020 | 431,000 LCU | +7.9% |
| 2021 | 486,250 LCU | +12.8% |
| 2022 | 522,837 LCU | +7.5% |
| 2023 | 554,474 LCU | +6.1% |
| 2024 | 587,755 LCU | +6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 157,537 LCU | 108,170 LCU | 217,000 LCU | 9 |
| 2000s | 203,000 LCU | 170,000 LCU | 248,000 LCU | 5 |
| 2010s | 373,753 LCU | 344,700 LCU | 432,700 LCU | 7 |
| 2020s | 516,463 LCU | 431,000 LCU | 587,755 LCU | 5 |
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)
- Exports of goods and services (current LCU), annual growth rate 2.27 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 51.52 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 5.07 million current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 0.9908 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.274 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 26,937 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 15.75 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2666 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is carrots and turnips — producer price in Iceland?
- Carrots and turnips — producer price in Iceland was 587,755 LCU in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest carrots and turnips — producer price recorded in Iceland?
- The highest recorded value was 587,755 LCU in 2024.
- What is the lowest carrots and turnips — producer price recorded in Iceland?
- The lowest recorded value was 108,170 LCU in 1993.
- How does Iceland rank for carrots and turnips — producer price?
- Iceland ranks 12th out of 102 countries with data for 2024.
- Is carrots and turnips — producer price rising or falling in Iceland?
- Over the last ten years it is up 70.5%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Carrots and turnips — Producer Price (LCU/tonne). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
This sub-domain contains data on agriculture producer prices and the producer price index. Agriculture producer prices are prices received by farmers for primary crops, live animals and livestock primary products as collected at the point of initial sale (prices paid at the farm gate). Annual data are provided from 1991 (while mothly data start in January 2010) for 180 countries and 212 products. The producer price index is the index of agricultural producer prices that measures the average annual change over time in the selling prices received by farmers (prices at the farm gate or at the first point of sale). The three categories of producer price index available in FAOSTAT comprise: single-item price index, commodity group index and the agriculture producer price index.