Agriculture, forestry, fishing (general government expenditure) in Iceland
Iceland: Agriculture, forestry, fishing (general government expenditure) was 31,139 million SLC in 2024. ▲ Rising
Agriculture, forestry, fishing (general government expenditure) in Iceland, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Iceland recorded 31,139 million SLC for agriculture, forestry, fishing (general government expenditure) in 2024. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 9.8% on the previous year and up 72.6% over ten years.
Over the whole period, agriculture, forestry, fishing (general government expenditure) in Iceland peaked at 31,139 million SLC in 2024 and was at its lowest, 12,043 million SLC, in 2001.
That places Iceland 31st out of 102 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Agriculture, forestry, fishing (general government expenditure) in Iceland, year by year
| Year | million SLC | Change |
|---|---|---|
| 2001 | 12,043 million SLC | — |
| 2002 | 12,578 million SLC | +4.4% |
| 2003 | 13,050 million SLC | +3.8% |
| 2004 | 12,612 million SLC | -3.4% |
| 2005 | 15,436 million SLC | +22.4% |
| 2006 | 13,497 million SLC | -12.6% |
| 2007 | 14,428 million SLC | +6.9% |
| 2008 | 17,242 million SLC | +19.5% |
| 2009 | 17,697 million SLC | +2.6% |
| 2010 | 18,021 million SLC | +1.8% |
| 2011 | 18,589 million SLC | +3.2% |
| 2012 | 19,684 million SLC | +5.9% |
| 2013 | 18,088 million SLC | -8.1% |
| 2014 | 18,038 million SLC | -0.3% |
| 2015 | 18,493 million SLC | +2.5% |
| 2016 | 19,110 million SLC | +3.3% |
| 2017 | 20,280 million SLC | +6.1% |
| 2018 | 19,952 million SLC | -1.6% |
| 2019 | 21,107 million SLC | +5.8% |
| 2020 | 21,073 million SLC | -0.2% |
| 2021 | 23,132 million SLC | +9.8% |
| 2022 | 26,942 million SLC | +16.5% |
| 2023 | 28,358 million SLC | +5.3% |
| 2024 | 31,139 million SLC | +9.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14,287 million SLC | 12,043 million SLC | 17,697 million SLC | 9 |
| 2010s | 19,136 million SLC | 18,021 million SLC | 21,107 million SLC | 10 |
| 2020s | 26,129 million SLC | 21,073 million SLC | 31,139 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 (general government expenditure) in Iceland?
- Agriculture, forestry, fishing (general government expenditure) in Iceland was 31,139 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest agriculture, forestry, fishing (general government expenditure) recorded in Iceland?
- The highest recorded value was 31,139 million SLC in 2024.
- What is the lowest agriculture, forestry, fishing (general government expenditure) recorded in Iceland?
- The lowest recorded value was 12,043 million SLC in 2001.
- How does Iceland rank for agriculture, forestry, fishing (general government expenditure)?
- Iceland ranks 31st out of 102 countries with data for 2024.
- Is agriculture, forestry, fishing (general government expenditure) rising or falling in Iceland?
- Over the last ten years it is up 72.6%. 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 (general 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.