Cyprus vs Iceland: Expenditure on social benefits by function
Cyprus
6,275 Million euro
in 2024
Iceland
8,268 Million euro
in 2024
Cyprus rank
32nd
Iceland rank
29th
Expenditure on social benefits by function over time
- Cyprus
- Iceland
How they compare
Iceland currently reports 8,268 Million euro against 6,275 Million euro in Cyprus, a difference of 1,993 Million euro.
That makes Iceland's figure about 1.3 times Cyprus's.
The two have swapped places 2 times across 25 shared years of data; in 2000 it was Iceland ahead.
Cyprus ranks 32nd and Iceland ranks 29th of 36 countries.
Across the 3 decades both report, Cyprus averaged higher in 2 and Iceland in 1.
Head to head by decade
| Decade | Cyprus | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2,377 Million euro | 2,319 Million euro | 57.79 Million euro | Cyprus |
| 2010s | 3,704 Million euro | 3,662 Million euro | 41.12 Million euro | Cyprus |
| 2020s | 5,802 Million euro | 6,943 Million euro | 1,141 Million euro | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher expenditure on social benefits by function, Cyprus or Iceland?
- Iceland, at 8,268 Million euro against 6,275 Million euro in Cyprus as of 2024.
- What is the difference in expenditure on social benefits by function between Cyprus and Iceland?
- 1,993 Million euro, with Iceland ahead.
- How many years of comparable data are there for Cyprus and Iceland?
- 25 years are reported by both, from 2000 to 2024.
- How do Cyprus and Iceland rank globally for expenditure on social benefits by function?
- Cyprus ranks 32nd and Iceland ranks 29th of 36 countries.
- Where does this data come from?
- Eurostat, published as Expenditure on social benefits by function. Statizoid refreshes it automatically from the source and publishes the full history for both places.