Iceland: Agriculture value added

The latest value from 2025 is 1.41 billion U.S. dollars, an increase from 1.18 billion U.S. dollars in 2024. In comparison, the world average is 27.00 billion U.S. dollars, based on data from 156 countries. Historically, the average for Iceland from 1995 to 2025 is 0.91 billion U.S. dollars. The minimum value, 0.61 billion U.S. dollars, was reached in 1997 while the maximum of 1.41 billion U.S. dollars was recorded in 2025. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Agriculture corresponds to International Standard Industrial Classification (ISIC) divisions 1-5, while the origin of value added is determined by the ISIC, revision 3. Agriculture value added is the net output of the agriculture sector, including forestry, hunting and fishing, and cultivation of crops and livestock production, after adding up all outputs and subtracting intermediate inputs. Deductions for depreciation of fabricated assets and depletion and degradation of natural resources are not included in the calculation. Values are in billion U.S. dollars.