Economic accounts for agriculture - values at real prices in Iceland
Iceland: Economic accounts for agriculture - values at real prices was 2.73 Chain linked volumes (2020), million euro in 2025. ◆ Volatile
Economic accounts for agriculture - values at real prices in Iceland, 2007–2025
Source: Eurostat. Measured in Chain linked volumes (2020), million euro.
Analysis
Iceland recorded 2.73 Chain linked volumes (2020), million euro for economic accounts for agriculture - values at real prices in 2025.
That represents a change of up 52.5% on the previous year and down 24.6% over ten years.
Over the whole period, economic accounts for agriculture - values at real prices in Iceland peaked at 8.77 Chain linked volumes (2020), million euro in 2012 and was at its lowest, 1.79 Chain linked volumes (2020), million euro, in 2024.
Iceland ranks 41st of 42 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Economic accounts for agriculture - values at real prices in Iceland, year by year
| Year | Chain linked volumes (2020), million euro | Change |
|---|---|---|
| 2007 | 3.56 Chain linked volumes (2020), million euro | — |
| 2008 | 5.78 Chain linked volumes (2020), million euro | +62.4% |
| 2009 | 6.63 Chain linked volumes (2020), million euro | +14.7% |
| 2010 | 6.81 Chain linked volumes (2020), million euro | +2.7% |
| 2011 | 5.69 Chain linked volumes (2020), million euro | -16.4% |
| 2012 | 8.77 Chain linked volumes (2020), million euro | +54.1% |
| 2013 | 6.46 Chain linked volumes (2020), million euro | -26.3% |
| 2014 | 7.16 Chain linked volumes (2020), million euro | +10.8% |
| 2015 | 3.62 Chain linked volumes (2020), million euro | -49.4% |
| 2016 | 2.11 Chain linked volumes (2020), million euro | -41.7% |
| 2017 | 2.63 Chain linked volumes (2020), million euro | +24.6% |
| 2018 | 1.8 Chain linked volumes (2020), million euro | -31.6% |
| 2019 | 3.25 Chain linked volumes (2020), million euro | +80.6% |
| 2020 | 2.12 Chain linked volumes (2020), million euro | -34.8% |
| 2021 | 2.32 Chain linked volumes (2020), million euro | +9.4% |
| 2022 | 4 Chain linked volumes (2020), million euro | +72.4% |
| 2023 | 2.52 Chain linked volumes (2020), million euro | -37.0% |
| 2024 | 1.79 Chain linked volumes (2020), million euro | -29.0% |
| 2025 | 2.73 Chain linked volumes (2020), million euro | +52.5% |
Iceland compared with similar countries
- Iceland's 2.73 Chain linked volumes (2020), million euro is below the median for Europe & Central Asia, which is 593.19 Chain linked volumes (2020), million euro, 0% of the median. (30 countries reporting)
- Iceland's 2.73 Chain linked volumes (2020), million euro is below the median for high income countries, which is 591.75 Chain linked volumes (2020), million euro, 0% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.32 Chain linked volumes (2020), million euro | 3.56 Chain linked volumes (2020), million euro | 6.63 Chain linked volumes (2020), million euro | 3 |
| 2010s | 4.83 Chain linked volumes (2020), million euro | 1.8 Chain linked volumes (2020), million euro | 8.77 Chain linked volumes (2020), million euro | 10 |
| 2020s | 2.58 Chain linked volumes (2020), million euro | 1.79 Chain linked volumes (2020), million euro | 4 Chain linked volumes (2020), million euro | 6 |
Countries ranked near Iceland
- 39 Luxembourg 22.42 Chain linked volumes (2020), million euro compare
- 40 Cyprus 6.76 Chain linked volumes (2020), million euro compare
- 42 Malta 0 Chain linked volumes (2020), million euro
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 economic accounts for agriculture - values at real prices in Iceland?
- Economic accounts for agriculture - values at real prices in Iceland was 2.73 Chain linked volumes (2020), million euro in 2025, according to Eurostat.
- What is the highest economic accounts for agriculture - values at real prices recorded in Iceland?
- The highest recorded value was 8.77 Chain linked volumes (2020), million euro in 2012.
- What is the lowest economic accounts for agriculture - values at real prices recorded in Iceland?
- The lowest recorded value was 1.79 Chain linked volumes (2020), million euro in 2024.
- How does Iceland rank for economic accounts for agriculture - values at real prices?
- Iceland ranks 41st out of 42 countries with data for 2025.
- Is economic accounts for agriculture - values at real prices rising or falling in Iceland?
- Over the last ten years it is down 24.6%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of Economic accounts for agriculture - values at real prices. Statizoid updates them automatically from the source API.
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