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 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.

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: 07 August 2026

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