Economic accounts for agriculture - values at reference year prices in Iceland
Iceland: Economic accounts for agriculture - values at reference year prices was 3.01 Chain linked volumes (2020), million euro in 2025. ▼ Falling
Economic accounts for agriculture - values at reference year prices in Iceland, 2007–2025
Source: Eurostat. Measured in Chain linked volumes (2020), million euro.
Analysis
In 2025, economic accounts for agriculture - values at reference year prices in Iceland stood at 3.01 Chain linked volumes (2020), million euro.
The figure is up 106.2% on the previous year and down 25.7% over ten years.
Over the whole period, economic accounts for agriculture - values at reference year prices in Iceland peaked at 7.31 Chain linked volumes (2020), million euro in 2014 and was at its lowest, 1.46 Chain linked volumes (2020), million euro, in 2024.
Iceland ranks 43rd of 43 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Economic accounts for agriculture - values at reference year prices in Iceland, year by year
| Year | Chain linked volumes (2020), million euro | Change |
|---|---|---|
| 2007 | 3.84 Chain linked volumes (2020), million euro | — |
| 2008 | 5.3 Chain linked volumes (2020), million euro | +38.0% |
| 2009 | 6.55 Chain linked volumes (2020), million euro | +23.6% |
| 2010 | 7.24 Chain linked volumes (2020), million euro | +10.5% |
| 2011 | 4.28 Chain linked volumes (2020), million euro | -40.9% |
| 2012 | 6.28 Chain linked volumes (2020), million euro | +46.7% |
| 2013 | 5.89 Chain linked volumes (2020), million euro | -6.2% |
| 2014 | 7.31 Chain linked volumes (2020), million euro | +24.1% |
| 2015 | 4.05 Chain linked volumes (2020), million euro | -44.6% |
| 2016 | 2.96 Chain linked volumes (2020), million euro | -26.9% |
| 2017 | 2.97 Chain linked volumes (2020), million euro | +0.3% |
| 2018 | 1.56 Chain linked volumes (2020), million euro | -47.5% |
| 2019 | 3.53 Chain linked volumes (2020), million euro | +126.3% |
| 2020 | 2.12 Chain linked volumes (2020), million euro | -39.9% |
| 2021 | 2.17 Chain linked volumes (2020), million euro | +2.4% |
| 2022 | 2.73 Chain linked volumes (2020), million euro | +25.8% |
| 2023 | 2.19 Chain linked volumes (2020), million euro | -19.8% |
| 2024 | 1.46 Chain linked volumes (2020), million euro | -33.3% |
| 2025 | 3.01 Chain linked volumes (2020), million euro | +106.2% |
Iceland compared with similar countries
- Iceland's 3.01 Chain linked volumes (2020), million euro is below the median for Europe & Central Asia, which is 556.31 Chain linked volumes (2020), million euro, 1% of the median. (31 countries reporting)
- Iceland's 3.01 Chain linked volumes (2020), million euro is below the median for high income countries, which is 579.68 Chain linked volumes (2020), million euro, 1% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.23 Chain linked volumes (2020), million euro | 3.84 Chain linked volumes (2020), million euro | 6.55 Chain linked volumes (2020), million euro | 3 |
| 2010s | 4.61 Chain linked volumes (2020), million euro | 1.56 Chain linked volumes (2020), million euro | 7.31 Chain linked volumes (2020), million euro | 10 |
| 2020s | 2.28 Chain linked volumes (2020), million euro | 1.46 Chain linked volumes (2020), million euro | 3.01 Chain linked volumes (2020), million euro | 6 |
Countries ranked near Iceland
- 41 Luxembourg 28.7 Chain linked volumes (2020), million euro compare
- 42 Cyprus 4.63 Chain linked volumes (2020), million euro 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 economic accounts for agriculture - values at reference year prices in Iceland?
- Economic accounts for agriculture - values at reference year prices in Iceland was 3.01 Chain linked volumes (2020), million euro in 2025, according to Eurostat.
- What is the highest economic accounts for agriculture - values at reference year prices recorded in Iceland?
- The highest recorded value was 7.31 Chain linked volumes (2020), million euro in 2014.
- What is the lowest economic accounts for agriculture - values at reference year prices recorded in Iceland?
- The lowest recorded value was 1.46 Chain linked volumes (2020), million euro in 2024.
- How does Iceland rank for economic accounts for agriculture - values at reference year prices?
- Iceland ranks 43rd out of 43 countries with data for 2025.
- Is economic accounts for agriculture - values at reference year prices rising or falling in Iceland?
- Over the last ten years it is down 25.7%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of Economic accounts for agriculture - values at reference year prices. Statizoid updates them automatically from the source API.
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