Agriculture share of Government Expenditure (%) in Iceland
Iceland: Agriculture share of Government Expenditure (%) was 1.5% in 2024. ▼ Falling
Agriculture share of Government Expenditure in Iceland, 2001–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for agriculture share of government expenditure in Iceland is 1.5%, measured in 2024.
The figure is up 1.4% on the previous year and down 26.6% over ten years.
Over the whole period, agriculture share of government expenditure in Iceland peaked at 3.7% in 2001 and was at its lowest, 1.4%, in 2020.
That places Iceland 112th out of 205 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Agriculture share of Government Expenditure (%) in Iceland, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 3.7% | — |
| 2002 | 3.5% | -4.9% |
| 2003 | 3.4% | -2.3% |
| 2004 | 3.1% | -9.4% |
| 2005 | 3.2% | +4.9% |
| 2006 | 2.5% | -23.8% |
| 2007 | 2.3% | -5.7% |
| 2008 | 1.7% | -26.3% |
| 2009 | 2.3% | +33.9% |
| 2010 | 2.2% | -1.7% |
| 2011 | 2.4% | +6.2% |
| 2012 | 2.4% | +2.1% |
| 2013 | 2.2% | -10.7% |
| 2014 | 2.0% | -8.7% |
| 2015 | 1.9% | -2.0% |
| 2016 | 1.7% | -11.8% |
| 2017 | 1.8% | +4.1% |
| 2018 | 1.7% | -5.6% |
| 2019 | 1.6% | -5.3% |
| 2020 | 1.4% | -11.9% |
| 2021 | 1.4% | +1.4% |
| 2022 | 1.5% | +4.2% |
| 2023 | 1.4% | -3.4% |
| 2024 | 1.5% | +1.4% |
Iceland compared with similar countries
- Iceland's 1.5% is above the median for high income countries, which is 0.9%, 1.6× the median. (62 countries reporting)
- Iceland's 1.5% is above the median for Europe & Central Asia, which is 1.1%, 1.3× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.8% | 1.7% | 3.7% | 9 |
| 2010s | 2.0% | 1.6% | 2.4% | 10 |
| 2020s | 1.4% | 1.4% | 1.5% | 5 |
Countries ranked near Iceland
More public sector data for Iceland
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Military expenditure (current USD), per capita 0 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 0 current USD (2024)
- Military expenditure (current USD), per square kilometre 0 current USD per square kilometre (2023)
Frequently asked questions
- What is agriculture share of government expenditure in Iceland?
- Agriculture share of government expenditure in Iceland was 1.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest agriculture share of government expenditure recorded in Iceland?
- The highest recorded value was 3.7% in 2001.
- What is the lowest agriculture share of government expenditure recorded in Iceland?
- The lowest recorded value was 1.4% in 2020.
- How does Iceland rank for agriculture share of government expenditure?
- Iceland ranks 112th out of 205 countries with data for 2024.
- Is agriculture share of government expenditure rising or falling in Iceland?
- Over the last ten years it is down 26.6%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Agriculture share of Government Expenditure (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under UN SDG Global Database (open, attribution requested).