Forestry (general government expenditure) — Value Standard Local in Iceland
Iceland: Forestry (general government expenditure) — Value Standard Local was 2,458 million SLC in 2024. ▲ Rising
Forestry (general government expenditure) — Value Standard Local in Iceland, 2020–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for forestry (general government expenditure) — value standard local in Iceland is 2,458 million SLC, measured in 2024. That is the highest value across all 5 years on record.
That represents a change of up 10.1% on the previous year and up 59.4% over five years.
Iceland ranks 11th of 34 countries on this measure, in the middle of the range.
Countries ranked near Iceland
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 (general government expenditure) — value standard local in Iceland?
- Forestry (general government expenditure) — value standard local in Iceland was 2,458 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest forestry (general government expenditure) — value standard local recorded in Iceland?
- The highest recorded value was 2,458 million SLC in 2024.
- What is the lowest forestry (general government expenditure) — value standard local recorded in Iceland?
- The lowest recorded value was 1,542 million SLC in 2020.
- How does Iceland rank for forestry (general government expenditure) — value standard local?
- Iceland ranks 11th out of 34 countries with data for 2024.
- Where does this Iceland data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Forestry (general government expenditure) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 5 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.