Total Expenditure in Agricultural R&D (Standard Local Currency) in Iceland
Iceland: Total Expenditure in Agricultural R&D (Standard Local Currency) was 2,232 million SLC in 2011. ▼ Falling
Total Expenditure in Agricultural R&D (Standard Local Currency) in Iceland, 2004–2011
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for total expenditure in agricultural r&d (standard local currency) in Iceland is 2,232 million SLC, measured in 2011.
That represents a change of down 20.9% on the previous year and down 21.7% over ten years.
Iceland ranks 39th of 82 countries on this measure, in the middle of the range.
Total Expenditure in Agricultural R&D (Standard Local Currency) in Iceland, year by year
| Year | million SLC | Change |
|---|---|---|
| 2004 | 2,853 million SLC | — |
| 2005 | 2,805 million SLC | -1.7% |
| 2006 | 2,880 million SLC | +2.7% |
| 2007 | 2,119 million SLC | -26.5% |
| 2008 | 2,362 million SLC | +11.5% |
| 2009 | 3,610 million SLC | +52.8% |
| 2010 | 2,824 million SLC | -21.8% |
| 2011 | 2,232 million SLC | -20.9% |
Iceland compared with similar countries
- Iceland's 2,232 million SLC is above the median for high income countries, which is 52.59 million SLC, 42.4× the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2,772 million SLC | 2,119 million SLC | 3,610 million SLC | 6 |
| 2010s | 2,528 million SLC | 2,232 million SLC | 2,824 million SLC | 2 |
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 total expenditure in agricultural r&d (standard local currency) in Iceland?
- Total expenditure in agricultural r&d (standard local currency) in Iceland was 2,232 million SLC in 2011, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure in agricultural r&d (standard local currency) recorded in Iceland?
- The highest recorded value was 3,610 million SLC in 2009.
- What is the lowest total expenditure in agricultural r&d (standard local currency) recorded in Iceland?
- The lowest recorded value was 2,119 million SLC in 2007.
- How does Iceland rank for total expenditure in agricultural r&d (standard local currency)?
- Iceland ranks 39th out of 82 countries with data for 2011.
- Is total expenditure in agricultural r&d (standard local currency) rising or falling in Iceland?
- Over the last ten years it is down 21.7%. 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 Total Expenditure in Agricultural R&D (Standard Local Currency) — Government, Higher Education and Private Non-profit (Agricultural Science and Technology). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 8 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
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.