Expenditure in Agricultural R&D as Share of Agricultural Value Added in Iceland

Iceland: Expenditure in Agricultural R&D as Share of Agricultural Value Added was 1.97 % in 2011. ▼ Falling

Latest (2011)
1.97 %
Change on year
down 25.9%
World rank
11th
of 82 countries
All-time high
5.57 %
in 2004
All-time low
1.97 %
in 2011
Years of data
8
2004–2011

Expenditure in Agricultural R&D as Share of Agricultural Value Added in Iceland, 2004–2011

02462004200720112004: 5.6 %2005: 5.6 %2006: 4.9 %2007: 3.6 %2008: 3 %2009: 3.9 %2010: 2.7 %2011: 2 %

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

Analysis

Iceland recorded 1.97 % for expenditure in agricultural r&d as share of agricultural value added in 2011. That is the lowest value across all 8 years on record.

The figure is down 25.9% on the previous year and down 64.6% over ten years.

Iceland ranks 11th of 82 countries on this measure, in the top quarter.

Expenditure in Agricultural R&D as Share of Agricultural Value Added in Iceland, year by year

Annual values for Expenditure in Agricultural R&D as Share of Agricultural Value Added (Standard Local Currency) — Government, Higher Education and Private Non-profit (Agricultural Science and Technology) in Iceland, 2004 to 2011.
Year % Change
2004 5.57 %
2005 5.57 % +0.0%
2006 4.93 % -11.5%
2007 3.63 % -26.4%
2008 3.04 % -16.3%
2009 3.94 % +29.6%
2010 2.66 % -32.5%
2011 1.97 % -25.9%

Iceland compared with similar countries

  • Iceland's 1.97 % is above the median for high income countries, which is 1.75 %, 1.1× the median. (14 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.45 % 3.04 % 5.57 % 6
2010s 2.31 % 1.97 % 2.66 % 2

Countries ranked near Iceland

  1. 8 Australia 2.87 % compare
  2. 9 Botswana 2.57 % compare
  3. 10 Namibia 2.31 % compare
  4. 12 Estonia 1.52 % compare
  5. 13 Jordan 1.49 % compare
  6. 14 Chile 1.45 % compare

See the full ranking of 91 places →

More agriculture & rural data for Iceland

All data for Iceland →

Frequently asked questions

What is expenditure in agricultural r&d as share of agricultural value added in Iceland?
Expenditure in agricultural r&d as share of agricultural value added in Iceland was 1.97 % in 2011, according to Food and Agriculture Organization of the United Nations.
What is the highest expenditure in agricultural r&d as share of agricultural value added recorded in Iceland?
The highest recorded value was 5.57 % in 2004.
What is the lowest expenditure in agricultural r&d as share of agricultural value added recorded in Iceland?
The lowest recorded value was 1.97 % in 2011.
How does Iceland rank for expenditure in agricultural r&d as share of agricultural value added?
Iceland ranks 11th out of 82 countries with data for 2011.
Is expenditure in agricultural r&d as share of agricultural value added rising or falling in Iceland?
Over the last ten years it is down 64.6%. 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 Expenditure in Agricultural R&D as Share of Agricultural Value Added (Standard Local Currency) — Government, Higher Education and Private Non-profit (Agricultural Science and Technology). Statizoid updates them automatically from the source API.

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Expenditure in Agricultural R&D as Share of Agricultural Value Added in Iceland. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 14 September 2026, from https://agriculture.statizoid.com/stat/expenditure-in-agricultural-r-and-d-as-share-of-agricultural-value-added-standard-local/iceland/

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About this data

Indicator
Expenditure in Agricultural R&D as Share of Agricultural Value Added (Standard Local Currency) — Government, Higher Education and Private Non-profit (Agricultural Science and Technology)
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
91 places, 1,231 data points, 2004–2023
Last refreshed

The dataset contains a set of financial indicators describing national expenditures on agricultural research and development (R&D). The indicators are derived primarily from responses to the financial resources section of the ASTI questionnaire, complemented with selected external macroeconomic indicators required to ensure comparability across countries and over time.The dataset includes both directly reported financial aggregates and derived indicators, reflecting different dimensions of agricultural R&D investment. Reported expenditure data are collected in current local currency units (LCU) and refer to total institutional expenditures, as provided by national respondents. Coverage of the private for-profit sector remains limited and is therefore excluded from the dataset. To support temporal analysis and international comparability, expenditure indicators are also expressed in constant local currency units, using country-specific GDP deflators sourced from FAOSTAT. In addition, selected indicators relate agricultural R&D expenditures to key structural variables, such as agricultural value added, allowing for meaningful cross-country comparisons of research intensity and resource allocation.