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

Latest (2025)
3.01 Chain linked volumes (2020), million euro
Change on year
up 106.2%
World rank
43rd
of 43 countries
All-time high
7.31 Chain linked volumes (2020), million euro
in 2014
All-time low
1.46 Chain linked volumes (2020), million euro
in 2024
Years of data
19
2007–2025

Economic accounts for agriculture - values at reference year prices in Iceland, 2007–2025

24682007201620252007: 3.8 Chain linked volumes (2020), million euro2008: 5.3 Chain linked volumes (2020), million euro2009: 6.5 Chain linked volumes (2020), million euro2010: 7.2 Chain linked volumes (2020), million euro2011: 4.3 Chain linked volumes (2020), million euro2012: 6.3 Chain linked volumes (2020), million euro2013: 5.9 Chain linked volumes (2020), million euro2014: 7.3 Chain linked volumes (2020), million euro2015: 4 Chain linked volumes (2020), million euro2016: 3 Chain linked volumes (2020), million euro2017: 3 Chain linked volumes (2020), million euro2018: 1.6 Chain linked volumes (2020), million euro2019: 3.5 Chain linked volumes (2020), million euro2020: 2.1 Chain linked volumes (2020), million euro2021: 2.2 Chain linked volumes (2020), million euro2022: 2.7 Chain linked volumes (2020), million euro2023: 2.2 Chain linked volumes (2020), million euro2024: 1.5 Chain linked volumes (2020), million euro2025: 3 Chain linked volumes (2020), million euro

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

Annual values for Economic accounts for agriculture - values at reference year prices in Iceland, 2007 to 2025.
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

DecadeAverage LowestHighest 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

  1. 41 Luxembourg 28.7 Chain linked volumes (2020), million euro compare
  2. 42 Cyprus 4.63 Chain linked volumes (2020), million euro compare

See the full ranking of 46 places →

More economy & growth data for Iceland

All data for Iceland →

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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Economic accounts for agriculture - values at reference year prices in Iceland. Statizoid, drawing on Eurostat. Retrieved 09 November 2026, from https://economy.statizoid.com/stat/economic-accounts-for-agriculture-values-at-reference-year-prices/iceland/

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About this data

Indicator
Economic accounts for agriculture - values at reference year prices
Unit
Chain linked volumes (2020), million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
46 places, 1,517 data points, 1973–2025
Last refreshed