Iceland - Agriculture
Agriculture, value added per worker (constant 2010 US$)
The latest value for Agriculture, value added per worker (constant 2010 US$) in Iceland was 126,734 as of 2019. Over the past 24 years, the value for this indicator has fluctuated between 126,734 in 2019 and 63,978 in 2000.
Definition: Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2010 U.S. dollars. Agriculture corresponds to the International Standard Industrial Classification (ISIC) tabulation categories A and B (revision 3) or tabulation category A (revision 4), and includes forestry, hunting, and fishing as well as cultivation of crops and livestock production.
Source: Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.
See also:
| Year | Value |
|---|---|
| 1995 | 69,915 |
| 1996 | 68,965 |
| 1997 | 74,485 |
| 1998 | 72,727 |
| 1999 | 65,947 |
| 2000 | 63,978 |
| 2001 | 72,252 |
| 2002 | 78,514 |
| 2003 | 80,686 |
| 2004 | 91,897 |
| 2005 | 86,016 |
| 2006 | 83,516 |
| 2007 | 84,604 |
| 2008 | 110,305 |
| 2009 | 111,975 |
| 2010 | 86,269 |
| 2011 | 82,669 |
| 2012 | 89,020 |
| 2013 | 110,280 |
| 2014 | 103,591 |
| 2015 | 112,550 |
| 2016 | 119,347 |
| 2017 | 122,181 |
| 2018 | 120,171 |
| 2019 | 126,734 |
Agriculture, value added (current US$)
The latest value for Agriculture, value added (current US$) in Iceland was $941,237,500 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $1,087,689,000 in 2019 and $609,052,400 in 1997.
Definition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1995 | $625,989,100 |
| 1996 | $637,159,900 |
| 1997 | $609,052,400 |
| 1998 | $691,739,700 |
| 1999 | $685,288,500 |
| 2000 | $632,144,500 |
| 2001 | $616,367,400 |
| 2002 | $700,090,400 |
| 2003 | $736,433,000 |
| 2004 | $735,041,900 |
| 2005 | $800,820,300 |
| 2006 | $834,567,900 |
| 2007 | $900,642,900 |
| 2008 | $867,014,700 |
| 2009 | $742,270,200 |
| 2010 | $865,305,600 |
| 2011 | $1,004,711,000 |
| 2012 | $967,873,300 |
| 2013 | $944,291,000 |
| 2014 | $943,030,200 |
| 2015 | $930,294,200 |
| 2016 | $952,581,000 |
| 2017 | $935,456,900 |
| 2018 | $1,030,398,000 |
| 2019 | $1,087,689,000 |
| 2020 | $941,237,500 |
Agriculture, value added (current LCU)
The value for Agriculture, value added (current LCU) in Iceland was 127,464,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 133,358,000,000 in 2019 and a minimum value of 40,496,300,000 in 1995.
Definition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1995 | 40,496,300,000 |
| 1996 | 42,371,130,000 |
| 1997 | 43,184,440,000 |
| 1998 | 49,084,670,000 |
| 1999 | 49,570,550,000 |
| 2000 | 49,696,670,000 |
| 2001 | 60,049,340,000 |
| 2002 | 64,171,480,000 |
| 2003 | 56,491,040,000 |
| 2004 | 51,593,840,000 |
| 2005 | 50,437,020,000 |
| 2006 | 58,569,980,000 |
| 2007 | 57,690,680,000 |
| 2008 | 76,252,130,000 |
| 2009 | 91,773,100,000 |
| 2010 | 105,777,000,000 |
| 2011 | 116,500,000,000 |
| 2012 | 121,064,000,000 |
| 2013 | 115,373,000,000 |
| 2014 | 110,115,000,000 |
| 2015 | 122,723,000,000 |
| 2016 | 115,083,000,000 |
| 2017 | 99,943,820,000 |
| 2018 | 111,592,000,000 |
| 2019 | 133,358,000,000 |
| 2020 | 127,464,000,000 |
Agriculture, value added (constant 2010 US$)
The latest value for Agriculture, value added (constant 2010 US$) in Iceland was 1,058,471,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 1,064,188,000 in 2019 and 792,822,000 in 2011.
Definition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in constant 2010 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1995 | 983,833,800 |
| 1996 | 1,019,821,000 |
| 1997 | 1,001,838,000 |
| 1998 | 968,805,600 |
| 1999 | 943,879,600 |
| 2000 | 924,815,900 |
| 2001 | 938,205,800 |
| 2002 | 960,888,400 |
| 2003 | 930,692,000 |
| 2004 | 964,760,200 |
| 2005 | 957,729,000 |
| 2006 | 930,509,900 |
| 2007 | 917,095,600 |
| 2008 | 935,526,200 |
| 2009 | 941,825,500 |
| 2010 | 841,095,300 |
| 2011 | 792,822,000 |
| 2012 | 878,775,000 |
| 2013 | 897,209,300 |
| 2014 | 888,690,000 |
| 2015 | 930,294,200 |
| 2016 | 940,459,300 |
| 2017 | 940,865,000 |
| 2018 | 1,003,235,000 |
| 2019 | 1,064,188,000 |
| 2020 | 1,058,471,000 |
Agriculture, value added (annual % growth)
The value for Agriculture, value added (annual % growth) in Iceland was -0.54 as of 2020. As the graph below shows, over the past 24 years this indicator reached a maximum value of 10.84 in 2012 and a minimum value of -10.70 in 2010.
Definition: Annual growth rate for agricultural value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1996 | 3.66 |
| 1997 | -1.76 |
| 1998 | -3.30 |
| 1999 | -2.57 |
| 2000 | -2.02 |
| 2001 | 1.45 |
| 2002 | 2.42 |
| 2003 | -3.14 |
| 2004 | 3.66 |
| 2005 | -0.73 |
| 2006 | -2.84 |
| 2007 | -1.44 |
| 2008 | 2.01 |
| 2009 | 0.67 |
| 2010 | -10.70 |
| 2011 | -5.74 |
| 2012 | 10.84 |
| 2013 | 2.10 |
| 2014 | -0.95 |
| 2015 | 4.68 |
| 2016 | 1.09 |
| 2017 | 0.04 |
| 2018 | 6.63 |
| 2019 | 6.08 |
| 2020 | -0.54 |
Agriculture, value added (constant LCU)
The value for Agriculture, value added (constant LCU) in Iceland was 139,632,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 140,386,000,000 in 2019 and a minimum value of 104,588,000,000 in 2011.
Definition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1995 | 129,786,000,000 |
| 1996 | 134,534,000,000 |
| 1997 | 132,161,000,000 |
| 1998 | 127,804,000,000 |
| 1999 | 124,515,000,000 |
| 2000 | 122,001,000,000 |
| 2001 | 123,767,000,000 |
| 2002 | 126,759,000,000 |
| 2003 | 122,776,000,000 |
| 2004 | 127,270,000,000 |
| 2005 | 126,342,000,000 |
| 2006 | 122,752,000,000 |
| 2007 | 120,982,000,000 |
| 2008 | 123,413,000,000 |
| 2009 | 124,244,000,000 |
| 2010 | 110,956,000,000 |
| 2011 | 104,588,000,000 |
| 2012 | 115,927,000,000 |
| 2013 | 118,359,000,000 |
| 2014 | 117,235,000,000 |
| 2015 | 122,723,000,000 |
| 2016 | 124,064,000,000 |
| 2017 | 124,118,000,000 |
| 2018 | 132,346,000,000 |
| 2019 | 140,386,000,000 |
| 2020 | 139,632,000,000 |
Agriculture, value added (% of GDP)
Agriculture, value added (% of GDP) in Iceland was 4.33 as of 2020. Its highest value over the past 25 years was 8.79 in 1995, while its lowest value was 3.78 in 2017.
Definition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1995 | 8.79 |
| 1996 | 8.58 |
| 1997 | 8.05 |
| 1998 | 8.13 |
| 1999 | 7.63 |
| 2000 | 7.00 |
| 2001 | 7.48 |
| 2002 | 7.51 |
| 2003 | 6.44 |
| 2004 | 5.32 |
| 2005 | 4.75 |
| 2006 | 4.78 |
| 2007 | 4.16 |
| 2008 | 4.80 |
| 2009 | 5.64 |
| 2010 | 6.29 |
| 2011 | 6.60 |
| 2012 | 6.56 |
| 2013 | 5.86 |
| 2014 | 5.28 |
| 2015 | 5.31 |
| 2016 | 4.58 |
| 2017 | 3.78 |
| 2018 | 3.92 |
| 2019 | 4.38 |
| 2020 | 4.33 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
