Iceland vs Nicaragua: R&D Agriculture, forestry, fishing (central government expenditure)
R&D Agriculture, forestry, fishing (central government expenditure) over time
- Iceland
- Nicaragua
How they compare
Iceland currently reports 53.63 million USD against 38.69 million USD in Nicaragua, a difference of 14.94 million USD.
That makes Iceland's figure about 1.4 times Nicaragua's.
The two have swapped places 2 times across 6 shared years of data; in 2018 it was Iceland ahead.
Iceland ranks 13th and Nicaragua ranks 16th of 49 countries.
Across the 2 decades both report, Iceland averaged higher in 1 and Nicaragua in 1.
Head to head by decade
| Decade | Iceland | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 51.57 million USD | 43.29 million USD | 8.28 million USD | Iceland |
| 2020s | 47.03 million USD | 63.81 million USD | 16.78 million USD | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher r&d agriculture, forestry, fishing (central government expenditure), Iceland or Nicaragua?
- Iceland, at 53.63 million USD against 38.69 million USD in Nicaragua as of 2024.
- What is the difference in r&d agriculture, forestry, fishing (central government expenditure) between Iceland and Nicaragua?
- 14.94 million USD, with Iceland ahead.
- How many years of comparable data are there for Iceland and Nicaragua?
- 6 years are reported by both, from 2018 to 2023.
- How do Iceland and Nicaragua rank globally for r&d agriculture, forestry, fishing (central government expenditure)?
- Iceland ranks 13th and Nicaragua ranks 16th of 49 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as R&D Agriculture, forestry, fishing (central government expenditure) — Value US$. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.