R&D Agriculture, forestry, fishing (general government expenditure) in Iceland
Iceland: R&D Agriculture, forestry, fishing (general government expenditure) was 37.6 million USD in 2024. ▼ Falling
R&D Agriculture, forestry, fishing (general government expenditure) in Iceland, 2016–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for r&d agriculture, forestry, fishing (general government expenditure) in Iceland is 37.6 million USD, measured in 2024.
That represents a change of up 5.2% on the previous year and up 6.6% over ten years.
Over the whole period, r&d agriculture, forestry, fishing (general government expenditure) in Iceland peaked at 41.48 million USD in 2017 and was at its lowest, 35.28 million USD, in 2016.
Iceland ranks 11th of 29 countries on this measure, in the middle of the range.
R&D Agriculture, forestry, fishing (general government expenditure) in Iceland, year by year
| Year | million USD | Change |
|---|---|---|
| 2016 | 35.28 million USD | — |
| 2017 | 41.48 million USD | +17.6% |
| 2018 | 41.02 million USD | -1.1% |
| 2020 | 38.47 million USD | -6.2% |
| 2021 | 38.44 million USD | -0.1% |
| 2022 | 36.87 million USD | -4.1% |
| 2023 | 35.74 million USD | -3.1% |
| 2024 | 37.6 million USD | +5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 39.26 million USD | 35.28 million USD | 41.48 million USD | 3 |
| 2020s | 37.42 million USD | 35.74 million USD | 38.47 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)
- Roundwood, non-coniferous — Production, annual growth rate 0 % change on previous year (2024)
- Wood fuel — Production, annual growth rate 0 % change on previous year (2024)
- Wood fuel, non-coniferous — Production, annual growth rate 0 % change on previous year (2024)
- Industrial roundwood — Production, annual growth rate 0 % change on previous year (2024)
- 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)
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 37.6 million USD 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 41.48 million USD in 2017.
- What is the lowest r&d agriculture, forestry, fishing (general government expenditure) recorded in Iceland?
- The lowest recorded value was 35.28 million USD in 2016.
- How does Iceland rank for r&d agriculture, forestry, fishing (general government expenditure)?
- Iceland ranks 11th 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 6.6%. The long-run trend across the full record is falling.
- 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 US$, 2015 prices. 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.