Expenditure on social exclusion function by type of benefit and in Iceland

Iceland: Expenditure on social exclusion function by type of benefit and was 393.91 Million euro in 2024. ◆ Volatile

Latest (2024)
393.91 Million euro
Change on year
up 45.4%
World rank
28th
of 45 countries
All-time high
393.91 Million euro
in 2024
All-time low
20.73 Million euro
in 1990
Years of data
35
1990–2024

Expenditure on social exclusion function by type of benefit and in Iceland, 1990–2024

01002003004001990200720241990: 20.7 Million euro1991: 24.6 Million euro1992: 21.9 Million euro1993: 26.9 Million euro1994: 27.2 Million euro1995: 28.2 Million euro1996: 28.4 Million euro1997: 30.1 Million euro1998: 30 Million euro1999: 35.8 Million euro2000: 38 Million euro2001: 37.2 Million euro2002: 50.5 Million euro2003: 50.9 Million euro2004: 61.5 Million euro2005: 63.2 Million euro2006: 52.1 Million euro2007: 86.9 Million euro2008: 58 Million euro2009: 62.4 Million euro2010: 71.1 Million euro2011: 64.3 Million euro2012: 62.3 Million euro2013: 79.7 Million euro2014: 88.2 Million euro2015: 107.4 Million euro2016: 127.5 Million euro2017: 153.8 Million euro2018: 141.2 Million euro2019: 160.2 Million euro2020: 176.5 Million euro2021: 209.7 Million euro2022: 224.8 Million euro2023: 270.9 Million euro2024: 393.9 Million euro

Source: Eurostat. Measured in Million euro.

Analysis

In 2024, expenditure on social exclusion function by type of benefit and in Iceland stood at 393.91 Million euro. That is the highest value across all 35 years on record.

Compared with earlier readings it is up 45.4% on the previous year and up 346.7% over ten years.

Over the whole period, expenditure on social exclusion function by type of benefit and in Iceland peaked at 393.91 Million euro in 2024 and was at its lowest, 20.73 Million euro, in 1990.

Iceland ranks 28th of 45 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Expenditure on social exclusion function by type of benefit and in Iceland, year by year

Annual values for Expenditure on social exclusion function by type of benefit and means-testing in Iceland, 1990 to 2024.
Year Million euro Change
1990 20.73 Million euro —
1991 24.63 Million euro +18.8%
1992 21.95 Million euro -10.9%
1993 26.92 Million euro +22.6%
1994 27.17 Million euro +0.9%
1995 28.19 Million euro +3.8%
1996 28.39 Million euro +0.7%
1997 30.12 Million euro +6.1%
1998 29.97 Million euro -0.5%
1999 35.78 Million euro +19.4%
2000 37.98 Million euro +6.1%
2001 37.23 Million euro -2.0%
2002 50.53 Million euro +35.7%
2003 50.86 Million euro +0.7%
2004 61.55 Million euro +21.0%
2005 63.24 Million euro +2.7%
2006 52.1 Million euro -17.6%
2007 86.9 Million euro +66.8%
2008 57.95 Million euro -33.3%
2009 62.4 Million euro +7.7%
2010 71.11 Million euro +14.0%
2011 64.29 Million euro -9.6%
2012 62.26 Million euro -3.2%
2013 79.72 Million euro +28.0%
2014 88.18 Million euro +10.6%
2015 107.44 Million euro +21.8%
2016 127.46 Million euro +18.6%
2017 153.84 Million euro +20.7%
2018 141.15 Million euro -8.2%
2019 160.16 Million euro +13.5%
2020 176.5 Million euro +10.2%
2021 209.73 Million euro +18.8%
2022 224.79 Million euro +7.2%
2023 270.95 Million euro +20.5%
2024 393.91 Million euro +45.4%

Iceland compared with similar countries

  • Iceland's 393.91 Million euro is below the median for Europe & Central Asia, which is 606.69 Million euro, 65% of the median. (34 countries reporting)
  • Iceland's 393.91 Million euro is below the median for high income countries, which is 998.82 Million euro, 39% of the median. (31 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 27.39 Million euro 20.73 Million euro 35.78 Million euro 10
2000s 56.07 Million euro 37.23 Million euro 86.9 Million euro 10
2010s 105.56 Million euro 62.26 Million euro 160.16 Million euro 10
2020s 255.18 Million euro 176.5 Million euro 393.91 Million euro 5

Countries ranked near Iceland

  1. 25 Slovenia 479.09 Million euro compare
  2. 26 Slovakia 408.67 Million euro compare
  3. 26 Slovakia 408.67 Million euro compare
  4. 29 Ireland 373.23 Million euro compare
  5. 30 Hungary 351.74 Million euro compare
  6. 31 Lithuania 325.64 Million euro compare

See the full ranking of 54 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is expenditure on social exclusion function by type of benefit and in Iceland?
Expenditure on social exclusion function by type of benefit and in Iceland was 393.91 Million euro in 2024, according to Eurostat.
What is the highest expenditure on social exclusion function by type of benefit and recorded in Iceland?
The highest recorded value was 393.91 Million euro in 2024.
What is the lowest expenditure on social exclusion function by type of benefit and recorded in Iceland?
The lowest recorded value was 20.73 Million euro in 1990.
How does Iceland rank for expenditure on social exclusion function by type of benefit and?
Iceland ranks 28th out of 45 countries with data for 2024.
Is expenditure on social exclusion function by type of benefit and rising or falling in Iceland?
Over the last ten years it is up 346.7%. 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 social exclusion function by type of benefit and means-testing. Statizoid updates them automatically from the source API.

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Expenditure on social exclusion function by type of benefit and in Iceland. Statizoid, drawing on Eurostat. Retrieved 30 September 2026, from https://reference.statizoid.com/stat/expenditure-on-social-exclusion-function-by-type-of-benefit-and-means-testing/iceland/

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About this data

Indicator
Expenditure on social exclusion function by type of benefit and means-testing
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
54 places, 1,443 data points, 1990–2024
Last refreshed