Vegetable oil vs gdp, annual growth rate in Iceland

Iceland: Vegetable oil vs gdp, annual growth rate was -6.25 % change on previous year in 2023. β—† Volatile

Latest (2023)
-6.25 % change on previous year
Change on year
down 372.8%
World rank
138th
of 184 countries
All-time high
40.12 % change on previous year
in 1970
All-time low
-37.35 % change on previous year
in 1963
Years of data
62
1962–2023

Vegetable oil vs gdp, annual growth rate in Iceland, 1962–2023

-40-2002040196219922023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Iceland recorded -6.25 % change on previous year for vegetable oil vs gdp, annual growth rate in 2023.

Compared with earlier readings it is down 372.8% on the previous year and down 337.8% over ten years.

Over the whole period, vegetable oil vs gdp, annual growth rate in Iceland peaked at 40.12 % change on previous year in 1970 and was at its lowest, -37.35 % change on previous year, in 1963.

Iceland ranks 138th of 184 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.

Averages by decade

DecadeAverage LowestHighest Years
1960s -7.84 % change on previous year -37.35 % change on previous year 10.56 % change on previous year 8
1970s 5.06 % change on previous year -13.76 % change on previous year 40.12 % change on previous year 10
1980s 0.7643 % change on previous year -15.03 % change on previous year 12.38 % change on previous year 10
1990s 1.14 % change on previous year -5.35 % change on previous year 10.34 % change on previous year 10
2000s 0.5738 % change on previous year -6.48 % change on previous year 8.47 % change on previous year 10
2010s 3.66 % change on previous year -3.96 % change on previous year 29.58 % change on previous year 10
2020s -2.52 % change on previous year -10.65 % change on previous year 4.54 % change on previous year 4

Countries ranked near Iceland

  1. 135 Tunisia -5.86 % change on previous year compare
  2. 136 South Africa -6.04 % change on previous year compare
  3. 137 Botswana -6.23 % change on previous year compare
  4. 139 Argentina -6.26 % change on previous year compare
  5. 140 Ethiopia -6.52 % change on previous year compare
  6. 141 French Polynesia -6.76 % change on previous year compare

See the full ranking of 184 places β†’

More energy & mining data for Iceland

All data for Iceland β†’

Frequently asked questions

What is vegetable oil vs gdp, annual growth rate in Iceland?
Vegetable oil vs gdp, annual growth rate in Iceland was -6.25 % change on previous year in 2023, according to Statizoid (derived).
What is the highest vegetable oil vs gdp, annual growth rate recorded in Iceland?
The highest recorded value was 40.12 % change on previous year in 1970.
What is the lowest vegetable oil vs gdp, annual growth rate recorded in Iceland?
The lowest recorded value was -37.35 % change on previous year in 1963.
How does Iceland rank for vegetable oil vs gdp, annual growth rate?
Iceland ranks 138th out of 184 countries with data for 2023.
Is vegetable oil vs gdp, annual growth rate rising or falling in Iceland?
Over the last ten years it is down 337.8%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from Statizoid (derived), published as part of Vegetable oil vs gdp, annual growth rate. Statizoid updates them automatically from the source API.

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Vegetable oil vs gdp, annual growth rate in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 20 August 2026, from https://energy.statizoid.com/stat/vegetable-oil-vs-gdp-annual-growth-rate/iceland/

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How this figure is calculated

The year-on-year percentage change in Vegetable oil vs gdp. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Vegetable oil vs gdp, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
184 places, 9,978 data points, 1962–2023
Last refreshed

The year-on-year percentage change in Vegetable oil vs gdp. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.