Iceland Agriculture Value Added
Agriculture, forestry, and fishing value added as % of GDP NV.AGR.TOTL.ZS
Iceland's agriculture value added was 3.84% in 2025, ranked 113th globally. This represents a 3.7% decrease from 2024. Data from World Bank, covering 1995–2025.
Overview
Iceland's agriculture value added stood at 3.84% in 2025, a decline of +0.15% from 2024. Based on recent trends, this figure is projected to reach 3.84% by 2025. Iceland ranked 113th globally.
Iceland's Agriculture Value Added has exhibited a declining trend over the past three decades, with the most recent figure standing at 3.84, ranking 113 globally. The indicator peaked at 9.17 in 1995, marking the beginning of a long-term downward trajectory that continued until 2017, when it hit an all-time trough of 3.75. Since then, the value has gradually increased but remains lower than the peak reached over three decades ago. For comparison, El Salvador, a country with a similar agricultural sector, has maintained a relatively stable ranking with a value of 4.02. Iceland's declining agricultural sector is likely due to its harsh climate and limited arable land, which hinder its capacity to produce significant agricultural outputs. To reverse this trend, a shift towards more climate-resilient agricultural practices and increased investment in the sector could potentially alter Iceland's trajectory, but this would require significant policy and technological interventions.
Data & projection
| Year | Agriculture Value Added | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 3.59% | - | - |
| 2026* trend | 3.71% | - | - |
| 2025* trend | 3.84% | - | - |
| 2025 | 3.84% | −0.15% | #113 |
| 2024 | 3.98% | −0.20% | #72 |
| 2023 | 4.19% | +0.10% | #81 |
| 2022 | 4.09% | −0.10% | #78 |
| 2021 | 4.19% | −0.41% | #78 |
| 2020 | 4.60% | +0.28% | #83 |
| 2019 | 4.32% | +0.07% | #85 |
| 2018 | 4.25% | +0.50% | #81 |
| 2017 | 3.75% | −0.79% | #74 |
| 2016 | 4.54% | −0.71% | #81 |
| 2015 | 5.25% | +0.03% | #90 |
| 2014 | 5.22% | −0.57% | #88 |
| 2013 | 5.79% | −0.70% | #93 |
| 2012 | 6.49% | +0.13% | #99 |
| 2011 | 6.36% | +0.13% | #97 |
Detected Pattern
Analysis
Iceland matched the Export Boom Cycle pattern in 2016. Historically, 71% of countries showing this pattern (546 out of 768) saw agriculture value added improve within 24 months. View full analysis →
Frequently Asked Questions
Iceland's agriculture value added was 3.84% in 2025. Ranked 113th globally. This represents a 3.7% decrease from the previous year.
Iceland's agriculture value added peaked at 9.17% in 1995.
The lowest agriculture value added in Iceland was 3.75% in 2017.
Iceland ranks 113th globally in agriculture value added as of 2025.
The World Bank indicator code is NV.AGR.TOTL.ZS. Data sourced from World Bank.
Iceland's agriculture value added is projected to reach 3.84% by 2025 based on trend extrapolation.
The agriculture value added of Iceland in 2025 was 3.84%. This ranks 113th in the world.
Cite this page
@misc{historysaid_iceland_agriculture-value-added,
title = {Iceland Agriculture Value Added},
url = {https://historysaid.com/iceland/agriculture-value-added/},
publisher = {HistorySaid},
year = {2026}
}