Total Expenditure in Agricultural R&D (US$, 2015 prices) in Iceland
Iceland: Total Expenditure in Agricultural R&D (US$, 2015 prices) was 19.97 million USD in 2011. ▼ Falling
Total Expenditure in Agricultural R&D (US$, 2015 prices) in Iceland, 2004–2011
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Iceland recorded 19.97 million USD for total expenditure in agricultural r&d (us$, 2015 prices) in 2011. That is the lowest value across all 8 years on record.
The figure is down 23.6% on the previous year and down 51.2% over ten years.
Iceland ranks 36th of 84 countries on this measure, in the middle of the range.
Total Expenditure in Agricultural R&D (US$, 2015 prices) in Iceland, year by year
| Year | million USD | Change |
|---|---|---|
| 2004 | 40.89 million USD | — |
| 2005 | 39.06 million USD | -4.5% |
| 2006 | 36.9 million USD | -5.5% |
| 2007 | 26.02 million USD | -29.5% |
| 2008 | 25.86 million USD | -0.6% |
| 2009 | 35.6 million USD | +37.6% |
| 2010 | 26.13 million USD | -26.6% |
| 2011 | 19.97 million USD | -23.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 34.06 million USD | 25.86 million USD | 40.89 million USD | 6 |
| 2010s | 23.05 million USD | 19.97 million USD | 26.13 million USD | 2 |
Countries ranked near Iceland
More agriculture & rural data for Iceland
- Agriculture, forestry, and fishing, value added (current US$), 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 (us$, 2015 prices) in Iceland?
- Total expenditure in agricultural r&d (us$, 2015 prices) in Iceland was 19.97 million USD in 2011, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure in agricultural r&d (us$, 2015 prices) recorded in Iceland?
- The highest recorded value was 40.89 million USD in 2004.
- What is the lowest total expenditure in agricultural r&d (us$, 2015 prices) recorded in Iceland?
- The lowest recorded value was 19.97 million USD in 2011.
- How does Iceland rank for total expenditure in agricultural r&d (us$, 2015 prices)?
- Iceland ranks 36th out of 84 countries with data for 2011.
- Is total expenditure in agricultural r&d (us$, 2015 prices) rising or falling in Iceland?
- Over the last ten years it is down 51.2%. 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 (US$, 2015 prices) — Government, Higher Education and Private Non-profit (Agricultural Science and Technology). Statizoid updates them automatically from the source API.
Download this data
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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.