Iceland - 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 |
Base Period: varies by country
Periodicity: Annual
General Comments: Note: Data for OECD countries are based on ISIC, revision 4.
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
