Agriculture orientation index for government spending in Iceland
Iceland: Agriculture orientation index for government spending was 0.39 in 2023. ▼ Falling
Agriculture orientation index for government spending in Iceland, 2001–2023
Source: Food and Agriculture Organization of the United Nations (2025) – with major processing by Our World in Data.
Analysis
The most recent figure for agriculture orientation index for government spending in Iceland is 0.39, measured in 2023.
That represents a change of up 5.4% on the previous year and up 5.4% over ten years.
Over the whole period, agriculture orientation index for government spending in Iceland peaked at 0.69 in 2005 and was at its lowest, 0.31, in 2020.
Iceland ranks 65th of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 23 years of available data.
Agriculture orientation index for government spending in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 0.49 | — |
| 2002 | 0.46 | -6.1% |
| 2003 | 0.53 | +15.2% |
| 2004 | 0.58 | +9.4% |
| 2005 | 0.69 | +19.0% |
| 2006 | 0.52 | -24.6% |
| 2007 | 0.56 | +7.7% |
| 2008 | 0.36 | -35.7% |
| 2009 | 0.41 | +13.9% |
| 2010 | 0.36 | -12.2% |
| 2011 | 0.37 | +2.8% |
| 2012 | 0.37 | +0.0% |
| 2013 | 0.37 | +0.0% |
| 2014 | 0.38 | +2.7% |
| 2015 | 0.37 | -2.6% |
| 2016 | 0.38 | +2.7% |
| 2017 | 0.47 | +23.7% |
| 2018 | 0.43 | -8.5% |
| 2019 | 0.36 | -16.3% |
| 2020 | 0.31 | -13.9% |
| 2021 | 0.33 | +6.5% |
| 2022 | 0.37 | +12.1% |
| 2023 | 0.39 | +5.4% |
Iceland compared with similar countries
- Iceland's 0.39 is below the median for high income countries, which is 0.49, 80% of the median. (63 countries reporting)
- Iceland's 0.39 is above the median for Europe & Central Asia, which is 0.39, 1.0× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5111 | 0.36 | 0.69 | 9 |
| 2010s | 0.386 | 0.36 | 0.47 | 10 |
| 2020s | 0.35 | 0.31 | 0.39 | 4 |
Countries ranked near Iceland
More agriculture & rural data for Iceland
- Agriculture, forestry, and fishing, value added (current US$), annual 19.96 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0365 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 3,593 current US$ per person (2025)
- Rural population, annual growth rate 0.8983 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.0578 units per person (2025)
- Share of GDP from agriculture 3.7% (2025)
- Agriculture as a share of GDP vs. GDP per capita 3.7% (2025)
- Agricultural raw materials exports 0.5% (2025)
- Agricultural raw materials imports 1.0% (2025)
Frequently asked questions
- What is agriculture orientation index for government spending in Iceland?
- Agriculture orientation index for government spending in Iceland was 0.39 in 2023, according to Food and Agriculture Organization of the United Nations (2025) – with major processing by Our World in Data.
- What is the highest agriculture orientation index for government spending recorded in Iceland?
- The highest recorded value was 0.69 in 2005.
- What is the lowest agriculture orientation index for government spending recorded in Iceland?
- The lowest recorded value was 0.31 in 2020.
- How does Iceland rank for agriculture orientation index for government spending?
- Iceland ranks 65th out of 188 countries with data for 2023.
- Is agriculture orientation index for government spending rising or falling in Iceland?
- Over the last ten years it is up 5.4%. 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 (2025) – with major processing by Our World in Data, published as part of Agriculture orientation index for government spending. Statizoid updates them automatically from the source API.
Download this data
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