Iceland vs Latvia: Expenditure on social protection by type of expenditure
Iceland
7,440 Million euro
in 2023
Latvia
7,666 Million euro
in 2024
Iceland rank
38th
Latvia rank
36th
Expenditure on social protection by type of expenditure over time
- Iceland
- Latvia
How they compare
Latvia currently reports 7,666 Million euro against 7,440 Million euro in Iceland, a difference of 226 Million euro.
The two have swapped places 4 times across 27 shared years of data; in 1997 it was Iceland ahead.
Iceland ranks 38th and Latvia ranks 36th of 45 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1,367 Million euro | 994.76 Million euro | 371.98 Million euro | Iceland |
| 2000s | 2,351 Million euro | 1,918 Million euro | 433.08 Million euro | Iceland |
| 2010s | 3,692 Million euro | 3,678 Million euro | 13.49 Million euro | Iceland |
| 2020s | 6,672 Million euro | 6,401 Million euro | 270.89 Million euro | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher expenditure on social protection by type of expenditure, Iceland or Latvia?
- Latvia, at 7,666 Million euro against 7,440 Million euro in Iceland as of 2024.
- What is the difference in expenditure on social protection by type of expenditure between Iceland and Latvia?
- 226 Million euro, with Latvia ahead.
- How many years of comparable data are there for Iceland and Latvia?
- 27 years are reported by both, from 1997 to 2023.
- How do Iceland and Latvia rank globally for expenditure on social protection by type of expenditure?
- Iceland ranks 38th and Latvia ranks 36th of 45 countries.
- Where does this data come from?
- Eurostat, published as Expenditure on social protection by type of expenditure. Statizoid refreshes it automatically from the source and publishes the full history for both places.