Renewable natural capital, agricultural land: cropland in Iceland

Iceland: Renewable natural capital, agricultural land: cropland was 54.37 million current US$ in 2020. ▲ Rising

Latest (2020)
54.37 million current US$
Change on year
up 15.3%
World rank
151st
of 151 countries
All-time high
66.02 million current US$
in 2010
All-time low
18.67 million current US$
in 1997
Years of data
26
1995–2020

Renewable natural capital, agricultural land: cropland in Iceland, 1995–2020

20.0M30.0M40.0M50.0M60.0M70.0M1995200720201995: 18.8M current US$1996: 22.2M current US$1997: 18.7M current US$1998: 38.0M current US$1999: 18.7M current US$2000: 18.9M current US$2001: 36.8M current US$2002: 30.9M current US$2003: 20.4M current US$2004: 27.4M current US$2005: 31.3M current US$2006: 49.7M current US$2007: 53.5M current US$2008: 57.6M current US$2009: 51.7M current US$2010: 66.0M current US$2011: 50.5M current US$2012: 63.4M current US$2013: 48.2M current US$2014: 40.1M current US$2015: 42.8M current US$2016: 49.4M current US$2017: 50.2M current US$2018: 36.7M current US$2019: 47.2M current US$2020: 54.4M current US$

Source: World Bank. Measured in current US$.

Analysis

The most recent figure for renewable natural capital, agricultural land: cropland in Iceland is 54.37 million current US$, measured in 2020.

That represents a change of up 15.3% on the previous year and down 17.7% over ten years.

Over the whole period, renewable natural capital, agricultural land: cropland in Iceland peaked at 66.02 million current US$ in 2010 and was at its lowest, 18.67 million current US$, in 1997.

Iceland ranks 151st of 151 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 26 years of available data.

Renewable natural capital, agricultural land: cropland in Iceland, year by year

Annual values for Renewable natural capital, agricultural land: cropland (current US$) in Iceland, 1995 to 2020.
Year current US$ Change
1995 18.77 million current US$ —
1996 22.20 million current US$ +18.3%
1997 18.67 million current US$ -15.9%
1998 37.96 million current US$ +103.3%
1999 18.73 million current US$ -50.7%
2000 18.90 million current US$ +0.9%
2001 36.84 million current US$ +95.0%
2002 30.87 million current US$ -16.2%
2003 20.43 million current US$ -33.8%
2004 27.40 million current US$ +34.1%
2005 31.26 million current US$ +14.1%
2006 49.71 million current US$ +59.0%
2007 53.50 million current US$ +7.6%
2008 57.65 million current US$ +7.8%
2009 51.72 million current US$ -10.3%
2010 66.02 million current US$ +27.6%
2011 50.49 million current US$ -23.5%
2012 63.39 million current US$ +25.5%
2013 48.19 million current US$ -24.0%
2014 40.11 million current US$ -16.8%
2015 42.79 million current US$ +6.7%
2016 49.45 million current US$ +15.6%
2017 50.19 million current US$ +1.5%
2018 36.74 million current US$ -26.8%
2019 47.15 million current US$ +28.3%
2020 54.37 million current US$ +15.3%

Iceland compared with similar countries

  • Iceland's 54.37 million current US$ is below the median for high income countries, which is 9.74 billion current US$, 1% of the median. (51 countries reporting)
  • Iceland's 54.37 million current US$ is below the median for Europe & Central Asia, which is 9.32 billion current US$, 1% of the median. (45 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 23.27 million current US$ 18.67 million current US$ 37.96 million current US$ 5
2000s 37.83 million current US$ 18.90 million current US$ 57.65 million current US$ 10
2010s 49.45 million current US$ 36.74 million current US$ 66.02 million current US$ 10
2020s 54.37 million current US$ 54.37 million current US$ 54.37 million current US$ 1

Countries ranked near Iceland

  1. 148 Maldives 143.02 million current US$ compare
  2. 149 Luxembourg 114.36 million current US$ compare
  3. 150 Malta 98.53 million current US$ compare

See the full ranking of 151 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is renewable natural capital, agricultural land: cropland in Iceland?
Renewable natural capital, agricultural land: cropland in Iceland was 54.37 million current US$ in 2020, according to the World Bank.
What is the highest renewable natural capital, agricultural land: cropland recorded in Iceland?
The highest recorded value was 66.02 million current US$ in 2010.
What is the lowest renewable natural capital, agricultural land: cropland recorded in Iceland?
The lowest recorded value was 18.67 million current US$ in 1997.
How does Iceland rank for renewable natural capital, agricultural land: cropland?
Iceland ranks 151st out of 151 countries with data for 2020.
Is renewable natural capital, agricultural land: cropland rising or falling in Iceland?
Over the last ten years it is down 17.7%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from the World Bank, published as part of Renewable natural capital, agricultural land: cropland (current US$). Statizoid updates them automatically from the source API.

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Renewable natural capital, agricultural land: cropland in Iceland. Statizoid. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/renewable-natural-capital-agricultural-land-cropland-current-us/iceland/

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About this data

Indicator
Renewable natural capital, agricultural land: cropland (current US$)
Unit
current US$
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 3,885 data points, 1995–2020
Last refreshed