Gross and net social protection expenditure in Iceland

Iceland: Gross and net social protection expenditure was 1.11 million in 2023. ▲ Rising

Latest (2023)
1.11 million
Change on year
up 10.3%
World rank
8th
of 35 countries
All-time high
1.11 million
in 2023
All-time low
280,365
in 2007
Years of data
17
2007–2023

Gross and net social protection expenditure in Iceland, 2007–2023

200.0k400.0k600.0k800.0k1.0M1.2M2007201520232007: 280.4k2008: 325.6k2009: 380.0k2010: 377.1k2011: 407.1k2012: 421.0k2013: 443.0k2014: 479.0k2015: 510.1k2016: 555.8k2017: 618.0k2018: 681.6k2019: 758.0k2020: 893.2k2021: 960.5k2022: 1.0M2023: 1.1M

Source: Eurostat.

Analysis

In 2023, gross and net social protection expenditure in Iceland stood at 1.11 million. That is the highest value across all 17 years on record.

That represents a change of up 10.3% on the previous year and up 150.5% over ten years.

Over the whole period, gross and net social protection expenditure in Iceland peaked at 1.11 million in 2023 and was at its lowest, 280,365, in 2007.

Iceland ranks 8th of 35 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 328,642 280,365 379,953 3
2010s 525,072 377,070 758,049 10
2020s 992,259 893,202 1.11 million 4

Countries ranked near Iceland

  1. 5 Czechia 1.58 million compare
  2. 6 Norway 1.27 million compare
  3. 7 Germany 1.26 million compare
  4. 9 France 955,430 compare
  5. 10 Denmark 816,404 compare
  6. 11 Poland 768,390 compare

See the full ranking of 35 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is gross and net social protection expenditure in Iceland?
Gross and net social protection expenditure in Iceland was 1.11 million in 2023, according to Eurostat.
What is the highest gross and net social protection expenditure recorded in Iceland?
The highest recorded value was 1.11 million in 2023.
What is the lowest gross and net social protection expenditure recorded in Iceland?
The lowest recorded value was 280,365 in 2007.
How does Iceland rank for gross and net social protection expenditure?
Iceland ranks 8th out of 35 countries with data for 2023.
Is gross and net social protection expenditure rising or falling in Iceland?
Over the last ten years it is up 150.5%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Eurostat, published as part of Gross and net social protection expenditure. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Eurostat).

About this data

Indicator
Gross and net social protection expenditure
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
35 places, 572 data points, 2007–2023
Last refreshed