Forestry (general government expenditure) — Value US$, 2015 prices in Iceland

Iceland: Forestry (general government expenditure) — Value US$, 2015 prices was 12.49 million USD in 2024. ▲ Rising

Latest (2024)
12.49 million USD
Change on year
up 4.0%
World rank
15th
of 33 countries
All-time high
12.99 million USD
in 2022
All-time low
10.16 million USD
in 2020
Years of data
5
2020–2024

Forestry (general government expenditure) — Value US$, 2015 prices in Iceland, 2020–2024

0510152020202220242020: 10.2 million USD2021: 11.6 million USD2022: 13 million USD2023: 12 million USD2024: 12.5 million USD

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

Iceland recorded 12.49 million USD for forestry (general government expenditure) — value us$, 2015 prices in 2024.

Compared with earlier readings it is up 4.0% on the previous year and up 22.9% over five years.

That places Iceland 15th out of 33 countries with data for 2024, putting it in the middle of the range.

Forestry (general government expenditure) — Value US$, 2015 prices in Iceland, year by year

Annual values for Forestry (general government expenditure) — Value US$, 2015 prices in Iceland, 2020 to 2024.
Year million USD Change
2020 10.16 million USD —
2021 11.56 million USD +13.8%
2022 12.99 million USD +12.4%
2023 12.01 million USD -7.5%
2024 12.49 million USD +4.0%

Iceland compared with similar countries

  • Iceland's 12.49 million USD is below the median for high income countries, which is 66.18 million USD, 19% of the median. (9 countries reporting)
  • Iceland's 12.49 million USD is above the median for Europe & Central Asia, which is 10.86 million USD, 1.2× the median. (12 countries reporting)

Countries ranked near Iceland

  1. 12 Slovakia 66.18 million USD
  2. 13 South Africa 44.38 million USD
  3. 14 Poland 19.13 million USD
  4. 16 Togo 10.06 million USD
  5. 17 Turkmenistan 9.22 million USD compare
  6. 18 Albania 9 million USD

See the full ranking of 35 places →

More environment data for Iceland

All data for Iceland →

Frequently asked questions

What is forestry (general government expenditure) — value us$, 2015 prices in Iceland?
Forestry (general government expenditure) — value us$, 2015 prices in Iceland was 12.49 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest forestry (general government expenditure) — value us$, 2015 prices recorded in Iceland?
The highest recorded value was 12.99 million USD in 2022.
What is the lowest forestry (general government expenditure) — value us$, 2015 prices recorded in Iceland?
The lowest recorded value was 10.16 million USD in 2020.
How does Iceland rank for forestry (general government expenditure) — value us$, 2015 prices?
Iceland ranks 15th out of 33 countries with data for 2024.
Where does this Iceland data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Forestry (general government expenditure) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.

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Forestry (general government expenditure) — Value US$, 2015 prices in Iceland. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 03 October 2026, from https://environment.statizoid.com/stat/forestry-general-government-expenditure-value-us-2015-prices/iceland/

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About this data

Indicator
Forestry (general government expenditure) — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
35 places, 467 data points, 2001–2024
Last refreshed

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.