Agriculture, forestry, fishing (general government expenditure) in Iceland
Iceland: Agriculture, forestry, fishing (general government expenditure) was 225.71 million USD 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 USD.
Analysis
Iceland recorded 225.71 million USD for agriculture, forestry, fishing (general government expenditure) in 2024.
The figure is up 9.8% on the previous year and up 46.1% over ten years.
Over the whole period, agriculture, forestry, fishing (general government expenditure) in Iceland peaked at 245.09 million USD in 2005 and was at its lowest, 123.61 million USD, in 2001.
Iceland ranks 61st of 102 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 (general government expenditure) in Iceland, year by year
| Year | million USD | Change |
|---|---|---|
| 2001 | 123.61 million USD | — |
| 2002 | 137.22 million USD | +11.0% |
| 2003 | 170.12 million USD | +24.0% |
| 2004 | 179.68 million USD | +5.6% |
| 2005 | 245.09 million USD | +36.4% |
| 2006 | 192.32 million USD | -21.5% |
| 2007 | 225.25 million USD | +17.1% |
| 2008 | 196.04 million USD | -13.0% |
| 2009 | 143.14 million USD | -27.0% |
| 2010 | 147.42 million USD | +3.0% |
| 2011 | 160.32 million USD | +8.8% |
| 2012 | 157.37 million USD | -1.8% |
| 2013 | 148.04 million USD | -5.9% |
| 2014 | 154.48 million USD | +4.4% |
| 2015 | 140.19 million USD | -9.3% |
| 2016 | 158.18 million USD | +12.8% |
| 2017 | 189.82 million USD | +20.0% |
| 2018 | 184.22 million USD | -3.0% |
| 2019 | 172.15 million USD | -6.6% |
| 2020 | 155.61 million USD | -9.6% |
| 2021 | 182.16 million USD | +17.1% |
| 2022 | 199.16 million USD | +9.3% |
| 2023 | 205.57 million USD | +3.2% |
| 2024 | 225.71 million USD | +9.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 179.16 million USD | 123.61 million USD | 245.09 million USD | 9 |
| 2010s | 161.22 million USD | 140.19 million USD | 189.82 million USD | 10 |
| 2020s | 193.64 million USD | 155.61 million USD | 225.71 million USD | 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)
- Paper and paperboard — Import quantity, annual growth rate -11.35 % change on previous year (2024)
- Paper and paperboard — Import quantity, per unit of GDP 0 t per US$ of GDP (2024)
- Paper and paperboard — Import quantity, per capita 0.0161 t per person (2024)
- Paper and paperboard — Import value, annual growth rate -13.39 % change on previous year (2024)
- Paper and paperboard — Import value, per unit of GDP 0 1000 USD per US$ of GDP (2024)
- Paper and paperboard — Import value, per capita 0.0341 1000 USD 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 225.71 million USD 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 245.09 million USD in 2005.
- What is the lowest agriculture, forestry, fishing (general government expenditure) recorded in Iceland?
- The lowest recorded value was 123.61 million USD in 2001.
- How does Iceland rank for agriculture, forestry, fishing (general government expenditure)?
- Iceland ranks 61st 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 46.1%. 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 US$. 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.