R&D Agriculture, forestry, fishing (general government expenditure) in Iceland
Iceland: R&D Agriculture, forestry, fishing (general government expenditure) was 7,398 million SLC in 2024. ▲ Rising
R&D Agriculture, forestry, fishing (general government expenditure) in Iceland, 2016–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for r&d agriculture, forestry, fishing (general government expenditure) in Iceland is 7,398 million SLC, measured in 2024. That is the highest value across all 8 years on record.
That represents a change of up 11.4% on the previous year and up 55.5% over ten years.
Over the whole period, r&d agriculture, forestry, fishing (general government expenditure) in Iceland peaked at 7,398 million SLC in 2024 and was at its lowest, 4,759 million SLC, in 2016.
That places Iceland 2nd out of 29 countries with data for 2024, putting it in the top 10%.
R&D Agriculture, forestry, fishing (general government expenditure) in Iceland, year by year
| Year | million SLC | Change |
|---|---|---|
| 2016 | 4,759 million SLC | — |
| 2017 | 5,649 million SLC | +18.7% |
| 2018 | 5,733 million SLC | +1.5% |
| 2020 | 5,841 million SLC | +1.9% |
| 2021 | 6,209 million SLC | +6.3% |
| 2022 | 6,485 million SLC | +4.4% |
| 2023 | 6,644 million SLC | +2.5% |
| 2024 | 7,398 million SLC | +11.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5,380 million SLC | 4,759 million SLC | 5,733 million SLC | 3 |
| 2020s | 6,515 million SLC | 5,841 million SLC | 7,398 million SLC | 5 |
Countries ranked near Iceland
- 1 Colombia 798,669 million SLC compare
- 1 Republic of Moldova 148 million SLC compare
- 3 Russian Federation 6,774 million SLC compare
- 4 Egypt 6,141 million SLC compare
- 5 Brazil 5,538 million SLC compare
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)
- Industrial roundwood — Import quantity, per unit of GDP 0 m3 per US$ of GDP (2024)
- Industrial roundwood — Import quantity, per capita 0.0958 m3 per person (2024)
- Industrial roundwood — Import value, per unit of GDP 0 1000 USD per US$ of GDP (2024)
- Industrial roundwood — Import value, per capita 0.0182 1000 USD per person (2024)
- Industrial roundwood — Export quantity, annual growth rate -91.67 % change on previous year (2024)
- Industrial roundwood — Export value, annual growth rate -28.21 % change on previous year (2024)
Frequently asked questions
- What is r&d agriculture, forestry, fishing (general government expenditure) in Iceland?
- R&d agriculture, forestry, fishing (general government expenditure) in Iceland was 7,398 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest r&d agriculture, forestry, fishing (general government expenditure) recorded in Iceland?
- The highest recorded value was 7,398 million SLC in 2024.
- What is the lowest r&d agriculture, forestry, fishing (general government expenditure) recorded in Iceland?
- The lowest recorded value was 4,759 million SLC in 2016.
- How does Iceland rank for r&d agriculture, forestry, fishing (general government expenditure)?
- Iceland ranks 2nd out of 29 countries with data for 2024.
- Is r&d agriculture, forestry, fishing (general government expenditure) rising or falling in Iceland?
- Over the last ten years it is up 55.5%. 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 R&D Agriculture, forestry, fishing (general government expenditure) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 8 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.