Share social protection in government exp oecd in Iceland

Iceland: Share social protection in government exp oecd was 23.86 in 2023. ▲ Rising

Latest (2023)
23.86
Change on year
up 2.5%
World rank
36th
of 37 countries
All-time high
28.31
in 2016
All-time low
13.92
in 2008
Years of data
17
2007–2023

Share social protection in government exp oecd in Iceland, 2007–2023

01020302007201520232007: 182008: 13.92009: 202010: 21.22011: 21.32012: 21.62013: 21.42014: 21.42015: 20.92016: 28.32017: 21.82018: 22.42019: 24.52020: 27.22021: 26.62022: 23.32023: 23.9

Source: Our World in Data.

Analysis

In 2023, share social protection in government exp oecd in Iceland stood at 23.86.

That represents a change of up 2.5% on the previous year and up 11.6% over ten years.

Over the whole period, share social protection in government exp oecd in Iceland peaked at 28.31 in 2016 and was at its lowest, 13.92, in 2008.

That places Iceland 36th out of 37 countries with data for 2023, putting it in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 17.3 13.92 19.99 3
2010s 22.48 20.95 28.31 10
2020s 25.25 23.28 27.25 4

Countries ranked near Iceland

  1. 33 Costa Rica 26.09 compare
  2. 34 Colombia 25.08 compare
  3. 35 Hungary 24.88 compare
  4. 37 United States 20.16 compare

See the full ranking of 37 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is share social protection in government exp oecd in Iceland?
Share social protection in government exp oecd in Iceland was 23.86 in 2023, according to Our World in Data.
What is the highest share social protection in government exp oecd recorded in Iceland?
The highest recorded value was 28.31 in 2016.
What is the lowest share social protection in government exp oecd recorded in Iceland?
The lowest recorded value was 13.92 in 2008.
How does Iceland rank for share social protection in government exp oecd?
Iceland ranks 36th out of 37 countries with data for 2023.
Is share social protection in government exp oecd rising or falling in Iceland?
Over the last ten years it is up 11.6%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Our World in Data, published as part of Share social protection in government exp oecd. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Share social protection in government exp oecd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
37 places, 618 data points, 2007–2024
Last refreshed