GERD by sector of performance and NUTS 2 region in Iceland
Iceland: GERD by sector of performance and NUTS 2 region was 757.42 Million euro in 2024. ◆ Volatile
Latest (2024)
757.42 Million euro
Change on year
down 1.4%
World rank
45th
of 52 countries
All-time high
768.07 Million euro
in 2023
All-time low
19.95 Million euro
in 1981
Years of data
38
1981–2024
GERD by sector of performance and NUTS 2 region in Iceland, 1981–2024
Source: Eurostat. Measured in Million euro.
Analysis
The most recent figure for gerd by sector of performance and nuts 2 region in Iceland is 757.42 Million euro, measured in 2024.
That represents a change of down 1.4% on the previous year and up 190.4% over ten years.
Over the whole period, gerd by sector of performance and nuts 2 region in Iceland peaked at 768.07 Million euro in 2023 and was at its lowest, 19.95 Million euro, in 1981.
That places Iceland 45th out of 52 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GERD by sector of performance and NUTS 2 region in Iceland, year by year
| Year | Million euro | Change |
|---|---|---|
| 1981 | 19.95 Million euro | — |
| 1983 | 21.02 Million euro | +5.3% |
| 1984 | 26.01 Million euro | +23.8% |
| 1985 | 28.29 Million euro | +8.8% |
| 1986 | 28.72 Million euro | +1.5% |
| 1987 | 35.72 Million euro | +24.4% |
| 1989 | 50.12 Million euro | +40.3% |
| 1990 | 48.81 Million euro | -2.6% |
| 1991 | 63.28 Million euro | +29.6% |
| 1992 | 71.12 Million euro | +12.4% |
| 1993 | 69.37 Million euro | -2.5% |
| 1994 | 72.76 Million euro | +4.9% |
| 1995 | 82.16 Million euro | +12.9% |
| 1997 | 119.97 Million euro | +46.0% |
| 1998 | 147.71 Million euro | +23.1% |
| 1999 | 188.15 Million euro | +27.4% |
| 2000 | 251.45 Million euro | +33.6% |
| 2001 | 260.62 Million euro | +3.7% |
| 2002 | 279.61 Million euro | +7.3% |
| 2003 | 273.75 Million euro | -2.1% |
| 2005 | 363.58 Million euro | +32.8% |
| 2006 | 398.42 Million euro | +9.6% |
| 2007 | 400.9 Million euro | +0.6% |
| 2008 | 272.34 Million euro | -32.1% |
| 2009 | 244.63 Million euro | -10.2% |
| 2011 | 262.82 Million euro | +7.4% |
| 2013 | 205.34 Million euro | -21.9% |
| 2014 | 260.85 Million euro | +27.0% |
| 2015 | 344.55 Million euro | +32.1% |
| 2016 | 396.79 Million euro | +15.2% |
| 2017 | 456.69 Million euro | +15.1% |
| 2018 | 444.94 Million euro | -2.6% |
| 2019 | 515.85 Million euro | +15.9% |
| 2020 | 471.12 Million euro | -8.7% |
| 2021 | 606.28 Million euro | +28.7% |
| 2022 | 709.84 Million euro | +17.1% |
| 2023 | 768.07 Million euro | +8.2% |
| 2024 | 757.42 Million euro | -1.4% |
Iceland compared with similar countries
- Iceland's 757.42 Million euro is below the median for Europe & Central Asia, which is 5,020 Million euro, 15% of the median. (35 countries reporting)
- Iceland's 757.42 Million euro is below the median for high income countries, which is 8,044 Million euro, 9% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 29.98 Million euro | 19.95 Million euro | 50.12 Million euro | 7 |
| 1990s | 95.93 Million euro | 48.81 Million euro | 188.15 Million euro | 9 |
| 2000s | 305.03 Million euro | 244.63 Million euro | 400.9 Million euro | 9 |
| 2010s | 360.98 Million euro | 205.34 Million euro | 515.85 Million euro | 8 |
| 2020s | 662.55 Million euro | 471.12 Million euro | 768.07 Million euro | 5 |
Countries ranked near Iceland
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is gerd by sector of performance and nuts 2 region in Iceland?
- Gerd by sector of performance and nuts 2 region in Iceland was 757.42 Million euro in 2024, according to Eurostat.
- What is the highest gerd by sector of performance and nuts 2 region recorded in Iceland?
- The highest recorded value was 768.07 Million euro in 2023.
- What is the lowest gerd by sector of performance and nuts 2 region recorded in Iceland?
- The lowest recorded value was 19.95 Million euro in 1981.
- How does Iceland rank for gerd by sector of performance and nuts 2 region?
- Iceland ranks 45th out of 52 countries with data for 2024.
- Is gerd by sector of performance and nuts 2 region rising or falling in Iceland?
- Over the last ten years it is up 190.4%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of GERD by sector of performance and NUTS 2 region. Statizoid updates them automatically from the source API.
Download this data
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