Canada vs Iceland: Public social spending as share of GDP

Canada
19.3%
in 2022
Iceland
19.2%
in 2024
Canada rank
24th
Iceland rank
26th

Public social spending as share of GDP over time

  • Canada
  • Iceland
0102030188019522024

How they compare

Canada currently reports 19.3% against 19.2% in Iceland, a difference of 0.1%.

The two have swapped places 3 times across 33 shared years of data; in 1990 it was Canada ahead.

Canada ranks 24th and Iceland ranks 26th of 42 countries.

Canada has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Canada Iceland Difference Ahead
1990s 18.7% 14.2% 4.5% Canada
2000s 17.1% 15.9% 1.2% Canada
2010s 18.6% 17.6% 1.0% Canada
2020s 22.4% 21.8% 0.6% Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher public social spending as share of gdp, Canada or Iceland?
Canada, at 19.3% against 19.2% in Iceland as of 2022.
What is the difference in public social spending as share of gdp between Canada and Iceland?
0.1%, with Canada ahead.
How many years of comparable data are there for Canada and Iceland?
33 years are reported by both, from 1990 to 2022.
How do Canada and Iceland rank globally for public social spending as share of gdp?
Canada ranks 24th and Iceland ranks 26th of 42 countries.
Where does this data come from?
OECD (2025); OECD (1985); Lindert (2004) – with major processing by Our World in Data, published as Public social spending as share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Iceland: Public social spending as share of GDP. Statizoid, drawing on OECD (2025); OECD (1985); Lindert (2004) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/compare/social-spending-oecd-longrun/canada/iceland/

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About this data

Indicator
Public social spending as share of GDP
Unit
% of GDP
Source
OECD (2025); OECD (1985); Lindert (2004) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
42 places, 1,937 data points, 1880–2024
Last refreshed

Public social expenditure divided bt gross domestic product, expressed as a percentage.