R&D Environmental Protection (central government expenditure) — Value in Iceland

Iceland: R&D Environmental Protection (central government expenditure) — Value was 2.59 million USD in 2024. ◆ Volatile

Latest (2024)
2.59 million USD
Change on year
up 11.6%
World rank
42nd
of 101 countries
All-time high
2.59 million USD
in 2024
All-time low
0.67 million USD
in 2014
Years of data
20
2005–2024

R&D Environmental Protection (central government expenditure) — Value in Iceland, 2005–2024

0.511.522.52005201420242005: 0.82 million USD2006: 0.71 million USD2007: 0.97 million USD2008: 0.71 million USD2009: 0.68 million USD2010: 0.72 million USD2011: 0.84 million USD2012: 0.84 million USD2013: 0.68 million USD2014: 0.67 million USD2015: 0.69 million USD2016: 0.8 million USD2017: 0.98 million USD2018: 1 million USD2019: 1.1 million USD2020: 1.1 million USD2021: 1.2 million USD2022: 1.8 million USD2023: 2.3 million USD2024: 2.6 million USD

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

Analysis

Iceland recorded 2.59 million USD for r&d environmental protection (central government expenditure) — value in 2024. That is the highest value across all 20 years on record.

Compared with earlier readings it is up 11.6% on the previous year and up 286.6% over ten years.

Over the whole period, r&d environmental protection (central government expenditure) — value in Iceland peaked at 2.59 million USD in 2024 and was at its lowest, 0.67 million USD, in 2014.

That places Iceland 42nd out of 101 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

R&D Environmental Protection (central government expenditure) — Value in Iceland, year by year

Annual values for R&D Environmental Protection (central government expenditure) — Value US$ in Iceland, 2005 to 2024.
Year million USD Change
2005 0.82 million USD
2006 0.71 million USD -13.4%
2007 0.97 million USD +36.6%
2008 0.71 million USD -26.8%
2009 0.68 million USD -4.2%
2010 0.72 million USD +5.9%
2011 0.84 million USD +16.7%
2012 0.84 million USD +0.0%
2013 0.68 million USD -19.0%
2014 0.67 million USD -1.5%
2015 0.69 million USD +3.0%
2016 0.8 million USD +15.9%
2017 0.98 million USD +22.5%
2018 1.03 million USD +5.1%
2019 1.08 million USD +4.9%
2020 1.08 million USD +0.0%
2021 1.17 million USD +8.3%
2022 1.77 million USD +51.3%
2023 2.32 million USD +31.1%
2024 2.59 million USD +11.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.778 million USD 0.68 million USD 0.97 million USD 5
2010s 0.833 million USD 0.67 million USD 1.08 million USD 10
2020s 1.79 million USD 1.08 million USD 2.59 million USD 5

Countries ranked near Iceland

  1. 39 Peru 3.8 million USD compare
  2. 40 Bosnia and Herzegovina 3.14 million USD compare
  3. 41 Ukraine 2.99 million USD compare
  4. 43 El Salvador 2.4 million USD compare
  5. 44 Latvia 1.99 million USD compare
  6. 45 Guinea-Bissau 1.9 million USD compare

See the full ranking of 108 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is r&d environmental protection (central government expenditure) — value in Iceland?
R&d environmental protection (central government expenditure) — value in Iceland was 2.59 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest r&d environmental protection (central government expenditure) — value recorded in Iceland?
The highest recorded value was 2.59 million USD in 2024.
What is the lowest r&d environmental protection (central government expenditure) — value recorded in Iceland?
The lowest recorded value was 0.67 million USD in 2014.
How does Iceland rank for r&d environmental protection (central government expenditure) — value?
Iceland ranks 42nd out of 101 countries with data for 2024.
Is r&d environmental protection (central government expenditure) — value rising or falling in Iceland?
Over the last ten years it is up 286.6%. The long-run trend across the full record is volatile.
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 Environmental Protection (central government expenditure) — Value US$. Statizoid updates them automatically from the source API.

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R&D Environmental Protection (central government expenditure) — Value in Iceland. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 01 September 2026, from https://economy.statizoid.com/stat/r-and-d-environmental-protection-central-government-expenditure-value-us/iceland/

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About this data

Indicator
R&D Environmental Protection (central government expenditure) — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
108 places, 1,630 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.