Agriculture, forestry, fishing (central government expenditure) in Iceland
Iceland: Agriculture, forestry, fishing (central government expenditure) was 30,725 million SLC in 2024. ▲ Rising
Agriculture, forestry, fishing (central government expenditure) in Iceland, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for agriculture, forestry, fishing (central government expenditure) in Iceland is 30,725 million SLC, measured in 2024. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 9.9% on the previous year and up 72.9% over ten years.
Over the whole period, agriculture, forestry, fishing (central government expenditure) in Iceland peaked at 30,725 million SLC in 2024 and was at its lowest, 11,551 million SLC, in 2001.
Iceland ranks 48th of 166 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Agriculture, forestry, fishing (central government expenditure) in Iceland, year by year
| Year | million SLC | Change |
|---|---|---|
| 2001 | 11,551 million SLC | — |
| 2002 | 12,042 million SLC | +4.2% |
| 2003 | 12,550 million SLC | +4.2% |
| 2004 | 12,154 million SLC | -3.1% |
| 2005 | 15,219 million SLC | +25.2% |
| 2006 | 13,260 million SLC | -12.9% |
| 2007 | 14,165 million SLC | +6.8% |
| 2008 | 16,956 million SLC | +19.7% |
| 2009 | 17,401 million SLC | +2.6% |
| 2010 | 17,746 million SLC | +2.0% |
| 2011 | 18,194 million SLC | +2.5% |
| 2012 | 19,296 million SLC | +6.1% |
| 2013 | 17,764 million SLC | -7.9% |
| 2014 | 17,766 million SLC | +0.0% |
| 2015 | 18,217 million SLC | +2.5% |
| 2016 | 18,828 million SLC | +3.4% |
| 2017 | 19,964 million SLC | +6.0% |
| 2018 | 19,640 million SLC | -1.6% |
| 2019 | 20,803 million SLC | +5.9% |
| 2020 | 20,578 million SLC | -1.1% |
| 2021 | 22,616 million SLC | +9.9% |
| 2022 | 26,692 million SLC | +18.0% |
| 2023 | 27,969 million SLC | +4.8% |
| 2024 | 30,725 million SLC | +9.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13,922 million SLC | 11,551 million SLC | 17,401 million SLC | 9 |
| 2010s | 18,822 million SLC | 17,746 million SLC | 20,803 million SLC | 10 |
| 2020s | 25,716 million SLC | 20,578 million SLC | 30,725 million SLC | 5 |
Countries ranked near Iceland
More environment data for Iceland
- Historical exposure to drought — Land soil moisture anomaly 3.89 Percentage change (2025)
- Standard Deviation, annual growth rate 0 % change on previous year (2025)
- Standard Deviation 0.587 °C (2025)
- Temperature change 1.47 °C (2025)
- Sawlogs and veneer logs — Production, annual growth rate -100 % change on previous year (2021)
- Sawlogs and veneer logs, non-coniferous — Production, annual growth -100 % change on previous year (2017)
- Other industrial roundwood — Production, annual growth rate 0 % change on previous year (2024)
- Other industrial roundwood, non-coniferous (production) — Production 0 % change on previous year (2024)
- Sawnwood — Production, per unit of GDP 0 m3 per US$ of GDP (2024)
- Sawnwood — Production, per capita 0 m3 per person (2024)
Frequently asked questions
- What is agriculture, forestry, fishing (central government expenditure) in Iceland?
- Agriculture, forestry, fishing (central government expenditure) in Iceland was 30,725 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest agriculture, forestry, fishing (central government expenditure) recorded in Iceland?
- The highest recorded value was 30,725 million SLC in 2024.
- What is the lowest agriculture, forestry, fishing (central government expenditure) recorded in Iceland?
- The lowest recorded value was 11,551 million SLC in 2001.
- How does Iceland rank for agriculture, forestry, fishing (central government expenditure)?
- Iceland ranks 48th out of 166 countries with data for 2024.
- Is agriculture, forestry, fishing (central government expenditure) rising or falling in Iceland?
- Over the last ten years it is up 72.9%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Agriculture, forestry, fishing (central government expenditure) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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.