Forestry (central government expenditure) — Value US$ in Iceland
Iceland: Forestry (central government expenditure) — Value US$ was 17.82 million USD in 2024. ▲ Rising
Forestry (central government expenditure) — Value US$ in Iceland, 2019–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, forestry (central government expenditure) — value us$ in Iceland stood at 17.82 million USD. That is the highest value across all 6 years on record.
That represents a change of up 10.1% on the previous year and up 251.5% over ten years.
That places Iceland 21st out of 68 countries with data for 2024, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.07 million USD | 5.07 million USD | 5.07 million USD | 1 |
| 2020s | 15.4 million USD | 11.39 million USD | 17.82 million USD | 5 |
Countries ranked near Iceland
- 18 Viet Nam 21.87 million USD
- 19 Papua New Guinea 20.31 million USD
- 20 United Republic of Tanzania 19.16 million USD compare
- 22 Namibia 17.73 million USD compare
- 23 Gabon 16.85 million USD compare
- 24 Republic of Moldova 16.35 million USD compare
More environment data for Iceland
- Land area equipped for irrigation — Share in Cropland 0.04 % (2024)
- Land area equipped for irrigation — Area 0.05 1000 ha (2024)
- Inland waters — Area 217 1000 ha (2024)
- Permanent meadows and pastures — Share in Land area 15.05 % (2024)
- Permanent meadows and pastures — Share in Agricultural land 92.61 % (2024)
- Permanent meadows and pastures — Area 1,517 1000 ha (2024)
- Arable land — Share in Agricultural land 7.39 % (2024)
- Arable land — Area 121 1000 ha (2024)
- Cropland — Area per capita 0.31 ha/cap (2024)
- Cropland — Share in Land area 1.2 % (2024)
Frequently asked questions
- What is forestry (central government expenditure) — value us$ in Iceland?
- Forestry (central government expenditure) — value us$ in Iceland was 17.82 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest forestry (central government expenditure) — value us$ recorded in Iceland?
- The highest recorded value was 17.82 million USD in 2024.
- What is the lowest forestry (central government expenditure) — value us$ recorded in Iceland?
- The lowest recorded value was 5.07 million USD in 2019.
- How does Iceland rank for forestry (central government expenditure) — value us$?
- Iceland ranks 21st out of 68 countries with data for 2024.
- Is forestry (central government expenditure) — value us$ rising or falling in Iceland?
- Over the last ten years it is up 251.5%. 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 Forestry (central government expenditure) — Value US$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 6 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.