Iceland's aquaculture production (metric tons) was 54,789 in 2024, the latest year in the World Bank's World Development Indicators. That is up 549.66% from 8,434 in 2014 (20.58% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 54,789 | 2024 |
| Five years earlier | 34,055 | 2019 |
| Ten years earlier | 8,434 | 2014 |
| Highest | 54,789 | 2024 |
| Lowest | 0 | 1960 |
| Average since 2015 | 34,713 | 2015–2024 |
| First recorded | 0 | 1960 |
What the numbers say
In 2024, Iceland's aquaculture production (metric tons) rose 5,187 on 2023 (from 49,602 to 54,789).
Across the 30 yearly changes before that (1994 to 2023), the average change was +1,556 and a typical year strayed about 4,028 from that (the standard deviation). This year's change was 0.9 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 14,870 in 2019 and the biggest yearly fall was 3,418 in 2007. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 5,575 a year. A straight line explains 92% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Iceland had the 48th highest value of the 215 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Iceland | 54,789 | 2024 |
| World | 141.41 million | 2024 |
| Europe & Central Asia | 4.27 million | 2024 |
| High income | 9.36 million | 2024 |
Closest to Iceland in the 2024 ranking
What this measures
Aquaculture is understood to mean the farming of aquatic organisms including fish, molluscs, crustaceans and aquatic plants. Aquaculture production specifically refers to output from aquaculture activities, which are designated for final harvest for consumption.
Regional and income-group figures are computed by the World Bank as a sum.
All 65 values
| Year | Aquaculture production (metric tons) |
|---|---|
| 2024 | 54,789 |
| 2023 | 49,602 |
| 2022 | 51,362 |
| 2021 | 53,154 |
| 2020 | 40,609 |
| 2019 | 34,055 |
| 2018 | 19,185 |
| 2017 | 20,860 |
| 2016 | 15,129 |
| 2015 | 8,383 |
| 2014 |
Aquaculture production (metric tons) in nearby economies
- Albania — 7,378 (2024)
- Andorra — 0 (2024)
- Armenia — 25,800 (2024)
- Austria — 5,008 (2024)
- Azerbaijan — 3,294 (2024)
- Belarus — 9,022 (2024)
- Belgium — 303 (2024)
- Bosnia and Herzegovina — 4,932 (2024)
- Bulgaria — 11,429 (2024)
- Channel Islands — 1,190 (2022)
- Croatia
More environment data for Iceland
- Rural population — 22,689 (2025)
- Rural population (% of total population) — 5.78% (2025)
- Urban population — 369,715 (2025)
- Urban population (% of total population) — 94.22% (2025)
- Capture fisheries production (metric tons) — 1.01 million (2024)
- Total fisheries production (metric tons) — 1.06 million (2024)
- Rural population growth (annual %) — 0.89% (2025)
- Urban population growth (annual %) — 1.55% (2025)
- Fertilizer consumption (kilograms per hectare of arable land) — 133.69 (2024)
- Agricultural land (sq. km) — 16,380 (2024)
Reading data like this
Questions people ask
- What is Iceland's aquaculture production (metric tons)?
- 54,789 in 2024, according to the World Bank (World Development Indicators).
- How does Iceland rank?
- 48th highest of 215 economies with data for 2024.
- Is the latest change in aquaculture production (metric tons) unusual for Iceland?
- In 2024, Iceland's aquaculture production (metric tons) rose 5,187 on 2023 (from 49,602 to 54,789). Across the 30 yearly changes before that (1994 to 2023), the average change was +1,556 and a typical year strayed about 4,028 from that (the standard deviation). This year's change was 0.9 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Food and Agriculture Organization., Food and Agriculture Organization of the United Nations (FAO), publisher: Food and Agriculture Organization of the United Nations (FAO).
Source
World Bank, World Development Indicators, indicator ER.FSH.AQUA.MT, licensed CC BY 4.0. Original source: Food and Agriculture Organization., Food and Agriculture Organization of the United Nations (FAO), publisher: Food and Agriculture Organization of the United Nations (FAO) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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