Agricultural support estimate in Iceland
Iceland: Agricultural support estimate was 1.2% in 2015. ◆ Volatile
Agricultural support estimate in Iceland, 1990–2015
Source: Organisation for Economic Co-operation and Development, Producer and Consumer Support Estimates database. Available online at www.oecd.org/tad/support/psecse. Measured in % of GDP.
Analysis
Iceland recorded 1.2% for agricultural support estimate in 2015.
Compared with earlier readings it is up 4.3% on the previous year and down 26.5% over ten years.
Over the whole period, agricultural support estimate in Iceland peaked at 4.4% in 1991 and was at its lowest, 1.0%, in 2013.
Iceland ranks 8th of 22 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Agricultural support estimate in Iceland, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 4.4% | — |
| 1991 | 4.4% | +0.2% |
| 1992 | 4.1% | -6.1% |
| 1993 | 2.9% | -29.8% |
| 1994 | 2.3% | -20.3% |
| 1995 | 2.2% | -4.3% |
| 1996 | 2.0% | -10.4% |
| 1997 | 2.0% | +1.5% |
| 1998 | 2.5% | +22.4% |
| 1999 | 2.4% | -3.3% |
| 2000 | 1.9% | -19.7% |
| 2001 | 1.7% | -11.5% |
| 2002 | 1.9% | +9.5% |
| 2003 | 1.6% | -11.4% |
| 2004 | 1.5% | -6.7% |
| 2005 | 1.7% | +8.5% |
| 2006 | 1.5% | -10.8% |
| 2007 | 1.1% | -24.3% |
| 2008 | 1.1% | +1.8% |
| 2009 | 1.1% | -4.4% |
| 2010 | 1.0% | -7.3% |
| 2011 | 1.0% | +1.0% |
| 2012 | 1.1% | +11.8% |
| 2013 | 1.0% | -12.3% |
| 2014 | 1.2% | +17.0% |
| 2015 | 1.2% | +4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.9% | 2.0% | 4.4% | 10 |
| 2000s | 1.5% | 1.1% | 1.9% | 10 |
| 2010s | 1.1% | 1.0% | 1.2% | 6 |
Countries ranked near Iceland
- 5 Kazakhstan 1.4% compare
- 6 Colombia 1.4% compare
- 7 Switzerland 1.3% compare
- 9 Japan 1.0% compare
- 10 Russian Federation 0.9% compare
- 11 Norway 0.9% compare
More development goals data for Iceland
- Red List Index 0.8515 (2025)
- Number of refugees per 100,000 population, by country of origin 4.27 (2025)
- Manufacturing value added per capita 5,542 (2025)
- Number of transboundary breeds 6 (2025)
- Number of transboundary breeds (not extinct) 6 (2025)
- Number of transboundary breeds with unknown risk status 1 (2025)
- Number of local breeds with unknown risk status 4 (2025)
- Number of local breeds (not extinct) 10 (2025)
- Number of local breeds kept in the country 10 (2025)
- Infant deaths 9 (2024)
Frequently asked questions
- What is agricultural support estimate in Iceland?
- Agricultural support estimate in Iceland was 1.2% in 2015, according to Organisation for Economic Co-operation and Development, Producer and Consumer Support Estimates database. Available online at www.oecd.org/tad/support/psecse.
- What is the highest agricultural support estimate recorded in Iceland?
- The highest recorded value was 4.4% in 1991.
- What is the lowest agricultural support estimate recorded in Iceland?
- The lowest recorded value was 1.0% in 2013.
- How does Iceland rank for agricultural support estimate?
- Iceland ranks 8th out of 22 countries with data for 2015.
- Is agricultural support estimate rising or falling in Iceland?
- Over the last ten years it is down 26.5%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, Producer and Consumer Support Estimates database. Available online at www.oecd.org/tad/support/psecse, published as part of Agricultural support estimate (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Agriculture support is the annual monetary value of all gross transfers from taxpayers and consumers, both domestic and foreign (in the form of subsidies arising from policy measures that support agriculture), net of the associated budgetary receipts, regardless of their objectives and impacts on farm production and income, or consumption of farm products.