Expenditure on social protection by type of expenditure in Iceland

Iceland: Expenditure on social protection by type of expenditure was 7,440 in 2023. ◆ Volatile

Latest (2023)
7,440
Change on year
up 5.2%
World rank
29th
of 35 countries
All-time high
7,440
in 2023
All-time low
843.05
in 1990
Years of data
34
1990–2023

Expenditure on social protection by type of expenditure in Iceland, 1990–2023

02.0k4.0k6.0k8.0k1990200620231990: 8431991: 968.21992: 9791993: 979.41994: 974.11995: 1.0k1996: 1.1k1997: 1.2k1998: 1.3k1999: 1.5k2000: 1.8k2001: 1.7k2002: 2.0k2003: 2.2k2004: 2.4k2005: 2.8k2006: 2.8k2007: 3.2k2008: 2.3k2009: 2.2k2010: 2.3k2011: 2.5k2012: 2.6k2013: 2.7k2014: 3.1k2015: 3.5k2016: 4.2k2017: 5.1k2018: 5.3k2019: 5.5k2020: 5.8k2021: 6.4k2022: 7.1k2023: 7.4k

Source: Eurostat.

Analysis

The most recent figure for expenditure on social protection by type of expenditure in Iceland is 7,440, measured in 2023. That is the highest value across all 34 years on record.

That represents a change of up 5.2% on the previous year and up 172.7% over ten years.

Over the whole period, expenditure on social protection by type of expenditure in Iceland peaked at 7,440 in 2023 and was at its lowest, 843.05, in 1990.

That places Iceland 29th out of 35 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.

Expenditure on social protection by type of expenditure in Iceland, year by year

Annual values for Expenditure on social protection by type of expenditure in Iceland, 1990 to 2023.
Year Value Change
1990 843.05
1991 968.16 +14.8%
1992 978.96 +1.1%
1993 979.38 +0.0%
1994 974.06 -0.5%
1995 1,015 +4.2%
1996 1,075 +5.9%
1997 1,210 +12.5%
1998 1,348 +11.4%
1999 1,543 +14.5%
2000 1,810 +17.3%
2001 1,715 -5.3%
2002 2,012 +17.4%
2003 2,231 +10.9%
2004 2,414 +8.2%
2005 2,841 +17.7%
2006 2,826 -0.5%
2007 3,199 +13.2%
2008 2,264 -29.2%
2009 2,200 -2.8%
2010 2,329 +5.8%
2011 2,522 +8.3%
2012 2,619 +3.9%
2013 2,728 +4.2%
2014 3,093 +13.4%
2015 3,486 +12.7%
2016 4,161 +19.3%
2017 5,127 +23.2%
2018 5,330 +4.0%
2019 5,522 +3.6%
2020 5,778 +4.6%
2021 6,397 +10.7%
2022 7,071 +10.5%
2023 7,440 +5.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1,093 843.05 1,543 10
2000s 2,351 1,715 3,199 10
2010s 3,692 2,329 5,522 10
2020s 6,672 5,778 7,440 4

Countries ranked near Iceland

  1. 26 Slovenia 14,808 compare
  2. 27 Lithuania 12,593 compare
  3. 28 Latvia 7,666 compare
  4. 30 Estonia 7,226 compare
  5. 31 Cyprus 6,367 compare
  6. 32 Bosnia and Herzegovina 5,231 compare

See the full ranking of 45 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is expenditure on social protection by type of expenditure in Iceland?
Expenditure on social protection by type of expenditure in Iceland was 7,440 in 2023, according to Eurostat.
What is the highest expenditure on social protection by type of expenditure recorded in Iceland?
The highest recorded value was 7,440 in 2023.
What is the lowest expenditure on social protection by type of expenditure recorded in Iceland?
The lowest recorded value was 843.05 in 1990.
How does Iceland rank for expenditure on social protection by type of expenditure?
Iceland ranks 29th out of 35 countries with data for 2023.
Is expenditure on social protection by type of expenditure rising or falling in Iceland?
Over the last ten years it is up 172.7%. 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 protection by type of expenditure. Statizoid updates them automatically from the source API.

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Expenditure on social protection by type of expenditure in Iceland. Statizoid, drawing on Eurostat. Retrieved 24 August 2026, from https://reference.statizoid.com/stat/expenditure-on-social-protection-by-type-of-expenditure/iceland/

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About this data

Indicator
Expenditure on social protection by type of expenditure
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
45 places, 1,186 data points, 1990–2024
Last refreshed