Fishing (central government expenditure) — Value US$ in Iceland

Iceland: Fishing (central government expenditure) — Value US$ was 34.19 million USD in 2024. ▲ Rising

Latest (2024)
34.19 million USD
Change on year
up 8.7%
World rank
16th
of 74 countries
All-time high
34.19 million USD
in 2024
All-time low
13.12 million USD
in 2021
Years of data
6
2019–2024

Fishing (central government expenditure) — Value US$ in Iceland, 2019–2024

01020302019202120242019: 13.9 million USD2020: 13.7 million USD2021: 13.1 million USD2022: 23.6 million USD2023: 31.4 million USD2024: 34.2 million USD

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

Analysis

In 2024, fishing (central government expenditure) — value us$ in Iceland stood at 34.19 million USD. That is the highest value across all 6 years on record.

Compared with earlier readings it is up 8.7% on the previous year and up 145.3% over ten years.

Iceland ranks 16th of 74 countries on this measure, in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 13.94 million USD 13.94 million USD 13.94 million USD 1
2020s 23.23 million USD 13.12 million USD 34.19 million USD 5

Countries ranked near Iceland

  1. 13 South Africa 45.47 million USD compare
  2. 14 Brazil 44.75 million USD compare
  3. 15 Peru 38.34 million USD compare
  4. 17 Argentina 33.19 million USD compare
  5. 18 Colombia 31.2 million USD compare
  6. 19 Senegal 28.13 million USD compare

See the full ranking of 78 places →

More agriculture & rural data for Iceland

All data for Iceland →

Frequently asked questions

What is fishing (central government expenditure) — value us$ in Iceland?
Fishing (central government expenditure) — value us$ in Iceland was 34.19 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest fishing (central government expenditure) — value us$ recorded in Iceland?
The highest recorded value was 34.19 million USD in 2024.
What is the lowest fishing (central government expenditure) — value us$ recorded in Iceland?
The lowest recorded value was 13.12 million USD in 2021.
How does Iceland rank for fishing (central government expenditure) — value us$?
Iceland ranks 16th out of 74 countries with data for 2024.
Is fishing (central government expenditure) — value us$ rising or falling in Iceland?
Over the last ten years it is up 145.3%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Fishing (central government expenditure) — Value US$. Statizoid updates them automatically from the source API.

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Fishing (central government expenditure) — Value US$ in Iceland. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 22 August 2026, from https://agriculture.statizoid.com/stat/fishing-central-government-expenditure-value-us/iceland/

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About this data

Indicator
Fishing (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
78 places, 981 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.