Renewable natural capital, timber in Iceland

Iceland: Renewable natural capital, timber was 697,844 current US$ in 2020. ◆ Volatile

Latest (2020)
697,844 current US$
Change on year
up 4.8%
World rank
149th
of 151 countries
All-time high
1.55 million current US$
in 2014
All-time low
0 current US$
in 1995
Years of data
26
1995–2020

Renewable natural capital, timber in Iceland, 1995–2020

0500.0k1.0M1.5M1995200720201995: 0 current US$1996: 0 current US$1997: 0 current US$1998: 0 current US$1999: 0 current US$2000: 0 current US$2001: 0 current US$2002: 0 current US$2003: 0 current US$2004: 0 current US$2005: 0 current US$2006: 0 current US$2007: 0 current US$2008: 0 current US$2009: 0 current US$2010: 0 current US$2011: 1.4M current US$2012: 1.3M current US$2013: 1.5M current US$2014: 1.5M current US$2015: 1.3M current US$2016: 1.3M current US$2017: 1.3M current US$2018: 1.3M current US$2019: 665.8k current US$2020: 697.8k current US$

Source: World Bank. Measured in current US$.

Analysis

The most recent figure for renewable natural capital, timber in Iceland is 697,844 current US$, measured in 2020.

Compared with earlier readings it is up 4.8% on the previous year and down 45.8% over five years.

Over the whole period, renewable natural capital, timber in Iceland peaked at 1.55 million current US$ in 2014 and was at its lowest, 0 current US$, in 1995.

Iceland ranks 149th of 151 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Renewable natural capital, timber in Iceland, year by year

Annual values for Renewable natural capital, timber (current US$) in Iceland, 1995 to 2020.
Year current US$ Change
1995 0 current US$
1996 0 current US$
1997 0 current US$
1998 0 current US$
1999 0 current US$
2000 0 current US$
2001 0 current US$
2002 0 current US$
2003 0 current US$
2004 0 current US$
2005 0 current US$
2006 0 current US$
2007 0 current US$
2008 0 current US$
2009 0 current US$
2010 0 current US$
2011 1.45 million current US$
2012 1.32 million current US$ -8.8%
2013 1.47 million current US$ +11.6%
2014 1.55 million current US$ +5.1%
2015 1.29 million current US$ -16.9%
2016 1.29 million current US$ -0.1%
2017 1.34 million current US$ +3.9%
2018 1.26 million current US$ -5.5%
2019 665,831 current US$ -47.2%
2020 697,844 current US$ +4.8%

Iceland compared with similar countries

  • Iceland's 697,844 current US$ is below the median for high income countries, which is 4.57 billion current US$, 0% of the median. (51 countries reporting)
  • Iceland's 697,844 current US$ is below the median for Europe & Central Asia, which is 3.65 billion current US$, 0% of the median. (45 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0 current US$ 0 current US$ 0 current US$ 5
2000s 0 current US$ 0 current US$ 0 current US$ 10
2010s 1.16 million current US$ 0 current US$ 1.55 million current US$ 10
2020s 697,844 current US$ 697,844 current US$ 697,844 current US$ 1

Countries ranked near Iceland

  1. 146 Qatar 3.10 million current US$ compare
  2. 147 Oman 2.98 million current US$ compare
  3. 148 Maldives 785,294 current US$ compare
  4. 150 Bahrain 96,617 current US$ compare
  5. 151 Malta 0 current US$

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, timber in Iceland?
Renewable natural capital, timber in Iceland was 697,844 current US$ in 2020, according to the World Bank.
What is the highest renewable natural capital, timber recorded in Iceland?
The highest recorded value was 1.55 million current US$ in 2014.
What is the lowest renewable natural capital, timber recorded in Iceland?
The lowest recorded value was 0 current US$ in 1995.
How does Iceland rank for renewable natural capital, timber?
Iceland ranks 149th out of 151 countries with data for 2020.
Where does this Iceland data come from?
The figures come from the World Bank, published as part of Renewable natural capital, timber (current US$). Statizoid updates them automatically from the source API.

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Renewable natural capital, timber in Iceland. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/renewable-natural-capital-timber-current-us/iceland/

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About this data

Indicator
Renewable natural capital, timber (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