Renewable natural capital, agricultural land in Iceland

Iceland: Renewable natural capital, agricultural land was 728.23 million current US$ in 2020. ▲ Rising

Latest (2020)
728.23 million current US$
Change on year
down 2.6%
World rank
143rd
of 151 countries
All-time high
747.51 million current US$
in 2019
All-time low
265.52 million current US$
in 2003
Years of data
26
1995–2020

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

0200.0M400.0M600.0M800.0M1995200720201995: 728.0M current US$1996: 690.5M current US$1997: 653.5M current US$1998: 553.4M current US$1999: 544.1M current US$2000: 523.1M current US$2001: 287.5M current US$2002: 270.4M current US$2003: 265.5M current US$2004: 299.5M current US$2005: 310.0M current US$2006: 360.5M current US$2007: 624.3M current US$2008: 587.9M current US$2009: 503.3M current US$2010: 547.6M current US$2011: 576.3M current US$2012: 573.6M current US$2013: 550.8M current US$2014: 590.5M current US$2015: 583.8M current US$2016: 651.4M current US$2017: 479.3M current US$2018: 451.3M current US$2019: 747.5M current US$2020: 728.2M current US$

Source: World Bank. Measured in current US$.

Analysis

Iceland recorded 728.23 million current US$ for renewable natural capital, agricultural land in 2020.

That represents a change of down 2.6% on the previous year and up 33.0% over ten years.

Over the whole period, renewable natural capital, agricultural land in Iceland peaked at 747.51 million current US$ in 2019 and was at its lowest, 265.52 million current US$, in 2003.

Iceland ranks 143rd 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 in Iceland, year by year

Annual values for Renewable natural capital, agricultural land (current US$) in Iceland, 1995 to 2020.
Year current US$ Change
1995 728.02 million current US$ —
1996 690.50 million current US$ -5.2%
1997 653.53 million current US$ -5.4%
1998 553.35 million current US$ -15.3%
1999 544.10 million current US$ -1.7%
2000 523.11 million current US$ -3.9%
2001 287.48 million current US$ -45.0%
2002 270.42 million current US$ -5.9%
2003 265.52 million current US$ -1.8%
2004 299.48 million current US$ +12.8%
2005 310.04 million current US$ +3.5%
2006 360.46 million current US$ +16.3%
2007 624.27 million current US$ +73.2%
2008 587.90 million current US$ -5.8%
2009 503.26 million current US$ -14.4%
2010 547.61 million current US$ +8.8%
2011 576.30 million current US$ +5.2%
2012 573.55 million current US$ -0.5%
2013 550.77 million current US$ -4.0%
2014 590.47 million current US$ +7.2%
2015 583.77 million current US$ -1.1%
2016 651.42 million current US$ +11.6%
2017 479.29 million current US$ -26.4%
2018 451.25 million current US$ -5.9%
2019 747.51 million current US$ +65.7%
2020 728.23 million current US$ -2.6%

Iceland compared with similar countries

  • Iceland's 728.23 million current US$ is below the median for high income countries, which is 21.31 billion current US$, 3% of the median. (51 countries reporting)
  • Iceland's 728.23 million current US$ is below the median for Europe & Central Asia, which is 21.06 billion current US$, 3% of the median. (45 countries reporting)

Biggest year-on-year movements

Years where Renewable natural capital, agricultural land in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2007 +73.2% 360.46 million current US$ 624.27 million current US$
2019 +65.7% 451.25 million current US$ 747.51 million current US$

Averages by decade

DecadeAverage LowestHighest Years
1990s 633.90 million current US$ 544.10 million current US$ 728.02 million current US$ 5
2000s 403.19 million current US$ 265.52 million current US$ 624.27 million current US$ 10
2010s 575.19 million current US$ 451.25 million current US$ 747.51 million current US$ 10
2020s 728.23 million current US$ 728.23 million current US$ 728.23 million current US$ 1

Countries ranked near Iceland

  1. 140 Belize 1.42 billion current US$ compare
  2. 141 Trinidad and Tobago 1.39 billion current US$ compare
  3. 142 Montenegro 1.08 billion current US$ compare
  4. 144 Djibouti 658.06 million current US$ compare
  5. 145 Luxembourg 650.49 million current US$ compare
  6. 146 Bahrain 621.38 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 in Iceland?
Renewable natural capital, agricultural land in Iceland was 728.23 million current US$ in 2020, according to the World Bank.
What is the highest renewable natural capital, agricultural land recorded in Iceland?
The highest recorded value was 747.51 million current US$ in 2019.
What is the lowest renewable natural capital, agricultural land recorded in Iceland?
The lowest recorded value was 265.52 million current US$ in 2003.
How does Iceland rank for renewable natural capital, agricultural land?
Iceland ranks 143rd out of 151 countries with data for 2020.
Is renewable natural capital, agricultural land rising or falling in Iceland?
Over the last ten years it is up 33.0%. 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 (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Renewable natural capital, agricultural land (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