Expenditure on old age function by type of benefit and means-testing in Iceland
Iceland: Expenditure on old age function by type of benefit and means-testing was 2,155 Million euro in 2023. ◆ Volatile
Expenditure on old age function by type of benefit and means-testing in Iceland, 1990–2023
Source: Eurostat. Measured in Million euro.
Analysis
Iceland recorded 2,155 Million euro for expenditure on old age function by type of benefit and means-testing in 2023. That is the highest value across all 34 years on record.
The figure is up 9.8% on the previous year and up 221.9% over ten years.
Over the whole period, expenditure on old age function by type of benefit and means-testing in Iceland peaked at 2,155 Million euro in 2023 and was at its lowest, 220.8 Million euro, in 1990.
That places Iceland 32nd out of 36 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 295.61 Million euro | 220.8 Million euro | 428.08 Million euro | 10 |
| 2000s | 608.28 Million euro | 462.35 Million euro | 800.06 Million euro | 10 |
| 2010s | 983.18 Million euro | 486.62 Million euro | 1,606 Million euro | 10 |
| 2020s | 1,870 Million euro | 1,620 Million euro | 2,155 Million euro | 4 |
Countries ranked near Iceland
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is expenditure on old age function by type of benefit and means-testing in Iceland?
- Expenditure on old age function by type of benefit and means-testing in Iceland was 2,155 Million euro in 2023, according to Eurostat.
- What is the highest expenditure on old age function by type of benefit and means-testing recorded in Iceland?
- The highest recorded value was 2,155 Million euro in 2023.
- What is the lowest expenditure on old age function by type of benefit and means-testing recorded in Iceland?
- The lowest recorded value was 220.8 Million euro in 1990.
- How does Iceland rank for expenditure on old age function by type of benefit and means-testing?
- Iceland ranks 32nd out of 36 countries with data for 2023.
- Is expenditure on old age function by type of benefit and means-testing rising or falling in Iceland?
- Over the last ten years it is up 221.9%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of Expenditure on old age function by type of benefit and means-testing. Statizoid updates them automatically from the source API.
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