Renewable natural capital, agricultural land in Iceland

Iceland: Renewable natural capital, agricultural land was 747.51 million real chained 2019 US$ in 2020. β–¬ Flat

Latest (2020)
747.51 million real chained 2019 US$
Change on year
unchanged
World rank
143rd
of 151 countries
All-time high
758.29 million real chained 2019 US$
in 1995
All-time low
747.51 million real chained 2019 US$
in 2015
Years of data
26
1995–2020

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

0200.0M400.0M600.0M800.0M1995200720201995: 758.3M real chained 2019 US$1996: 757.5M real chained 2019 US$1997: 756.7M real chained 2019 US$1998: 755.1M real chained 2019 US$1999: 754.3M real chained 2019 US$2000: 754.3M real chained 2019 US$2001: 754.3M real chained 2019 US$2002: 753.5M real chained 2019 US$2003: 752.7M real chained 2019 US$2004: 752.3M real chained 2019 US$2005: 751.5M real chained 2019 US$2006: 751.1M real chained 2019 US$2007: 749.1M real chained 2019 US$2008: 749.1M real chained 2019 US$2009: 748.7M real chained 2019 US$2010: 748.3M real chained 2019 US$2011: 748.0M real chained 2019 US$2012: 747.6M real chained 2019 US$2013: 747.6M real chained 2019 US$2014: 747.6M real chained 2019 US$2015: 747.5M real chained 2019 US$2016: 747.5M real chained 2019 US$2017: 747.5M real chained 2019 US$2018: 747.5M real chained 2019 US$2019: 747.5M real chained 2019 US$2020: 747.5M real chained 2019 US$

Source: World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Measured in real chained 2019 US$.

Analysis

In 2020, renewable natural capital, agricultural land in Iceland stood at 747.51 million real chained 2019 US$. That is the lowest value across all 26 years on record.

Compared with earlier readings it is down 0.1% over ten years.

Over the whole period, renewable natural capital, agricultural land in Iceland peaked at 758.29 million real chained 2019 US$ in 1995 and was at its lowest, 747.51 million real chained 2019 US$, in 2015.

Iceland ranks 143rd of 151 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
1990s 756.37 million real chained 2019 US$ 754.30 million real chained 2019 US$ 758.29 million real chained 2019 US$ 5
2000s 751.66 million real chained 2019 US$ 748.71 million real chained 2019 US$ 754.30 million real chained 2019 US$ 10
2010s 747.66 million real chained 2019 US$ 747.51 million real chained 2019 US$ 748.31 million real chained 2019 US$ 10
2020s 747.51 million real chained 2019 US$ 747.51 million real chained 2019 US$ 747.51 million real chained 2019 US$ 1

Countries ranked near Iceland

  1. 140 Belize 1.40 billion real chained 2019 US$ compare
  2. 141 Trinidad and Tobago 1.10 billion real chained 2019 US$ compare
  3. 142 Montenegro 1.09 billion real chained 2019 US$ compare
  4. 144 Djibouti 631.25 million real chained 2019 US$ compare
  5. 145 Luxembourg 606.01 million real chained 2019 US$ compare
  6. 146 Bahrain, Kingdom of 604.41 million real chained 2019 US$ compare

See the full ranking of 151 places β†’

More reference data data for Iceland

All data for Iceland β†’

Frequently asked questions

What is renewable natural capital, agricultural land in Iceland?
Renewable natural capital, agricultural land in Iceland was 747.51 million real chained 2019 US$ in 2020, according to World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4.
What is the highest renewable natural capital, agricultural land recorded in Iceland?
The highest recorded value was 758.29 million real chained 2019 US$ in 1995.
What is the lowest renewable natural capital, agricultural land recorded in Iceland?
The lowest recorded value was 747.51 million real chained 2019 US$ in 2015.
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 down 0.1%. The long-run trend across the full record is flat.
Where does this Iceland data come from?
The figures come from World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as part of Renewable natural capital, agricultural land (real chained 2019 US$). Statizoid updates them automatically from the source API.

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Renewable natural capital, agricultural land in Iceland. Statizoid, drawing on World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Retrieved 18 August 2026, from https://reference.statizoid.com/stat/renewable-natural-capital-agricultural-land-real-chained-2019-us/iceland/

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About this data

Indicator
Renewable natural capital, agricultural land (real chained 2019 US$)
Unit
real chained 2019 US$
Source
World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 3,885 data points, 1995–2020
Last refreshed

Natural capital includes the valuation of renewable and nonrenewable natural capital. Renewable natural capital includes agricultural land (cropland and pastureland), forests (timber, and three ecosystem services: water, recretion and non-wood forest products), protected areas, mangroves and fisheries. Nonrenewable natural capital includes fossil fuel energy (oil, gas, hard and soft coal) and minerals (bauxite, copper, gold, iron ore, lead, nickel, phosphate, silver, tin, and zinc),Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.