Renewable natural capital per capita, agricultural land in Iceland
Iceland: Renewable natural capital per capita, agricultural land was 2,040 real chained 2019 US$ in 2020. ▼ Falling
Renewable natural capital per capita, agricultural land in Iceland, 1995–2020
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$.
Analysis
Iceland recorded 2,040 real chained 2019 US$ for renewable natural capital per capita, agricultural land in 2020. That is the lowest value across all 26 years on record.
The figure is down 1.6% on the previous year and down 13.3% over ten years.
Over the whole period, renewable natural capital per capita, agricultural land in Iceland peaked at 2,835 real chained 2019 US$ in 1995 and was at its lowest, 2,040 real chained 2019 US$, in 2020.
That places Iceland 107th out of 151 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
Renewable natural capital per capita, agricultural land in Iceland, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 2,835 real chained 2019 US$ | — |
| 1996 | 2,817 real chained 2019 US$ | -0.6% |
| 1997 | 2,791 real chained 2019 US$ | -0.9% |
| 1998 | 2,755 real chained 2019 US$ | -1.3% |
| 1999 | 2,719 real chained 2019 US$ | -1.3% |
| 2000 | 2,682 real chained 2019 US$ | -1.4% |
| 2001 | 2,647 real chained 2019 US$ | -1.3% |
| 2002 | 2,621 real chained 2019 US$ | -1.0% |
| 2003 | 2,600 real chained 2019 US$ | -0.8% |
| 2004 | 2,576 real chained 2019 US$ | -0.9% |
| 2005 | 2,533 real chained 2019 US$ | -1.7% |
| 2006 | 2,472 real chained 2019 US$ | -2.4% |
| 2007 | 2,404 real chained 2019 US$ | -2.8% |
| 2008 | 2,360 real chained 2019 US$ | -1.8% |
| 2009 | 2,351 real chained 2019 US$ | -0.4% |
| 2010 | 2,353 real chained 2019 US$ | +0.1% |
| 2011 | 2,345 real chained 2019 US$ | -0.3% |
| 2012 | 2,331 real chained 2019 US$ | -0.6% |
| 2013 | 2,309 real chained 2019 US$ | -0.9% |
| 2014 | 2,284 real chained 2019 US$ | -1.1% |
| 2015 | 2,260 real chained 2019 US$ | -1.0% |
| 2016 | 2,228 real chained 2019 US$ | -1.4% |
| 2017 | 2,177 real chained 2019 US$ | -2.3% |
| 2018 | 2,119 real chained 2019 US$ | -2.6% |
| 2019 | 2,073 real chained 2019 US$ | -2.2% |
| 2020 | 2,040 real chained 2019 US$ | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,784 real chained 2019 US$ | 2,719 real chained 2019 US$ | 2,835 real chained 2019 US$ | 5 |
| 2000s | 2,525 real chained 2019 US$ | 2,351 real chained 2019 US$ | 2,682 real chained 2019 US$ | 10 |
| 2010s | 2,248 real chained 2019 US$ | 2,073 real chained 2019 US$ | 2,353 real chained 2019 US$ | 10 |
| 2020s | 2,040 real chained 2019 US$ | 2,040 real chained 2019 US$ | 2,040 real chained 2019 US$ | 1 |
Countries ranked near Iceland
- 104 Ireland 2,166 real chained 2019 US$ compare
- 105 Congo, Democratic Republic of the 2,160 real chained 2019 US$ compare
- 106 Portugal 2,097 real chained 2019 US$ compare
- 108 Republic of Korea 2,037 real chained 2019 US$ compare
- 109 Belarus 2,026 real chained 2019 US$ compare
- 110 Panama 1,985 real chained 2019 US$ compare
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 renewable natural capital per capita, agricultural land in Iceland?
- Renewable natural capital per capita, agricultural land in Iceland was 2,040 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 per capita, agricultural land recorded in Iceland?
- The highest recorded value was 2,835 real chained 2019 US$ in 1995.
- What is the lowest renewable natural capital per capita, agricultural land recorded in Iceland?
- The lowest recorded value was 2,040 real chained 2019 US$ in 2020.
- How does Iceland rank for renewable natural capital per capita, agricultural land?
- Iceland ranks 107th out of 151 countries with data for 2020.
- Is renewable natural capital per capita, agricultural land rising or falling in Iceland?
- Over the last ten years it is down 13.3%. The long-run trend across the full record is falling.
- 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 per capita, agricultural land (real chained 2019 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.