Social protection receipts by institutional sector in Iceland
Iceland: Social protection receipts by institutional sector was 2,104 Million euro in 2024. ◆ Volatile
Latest (2024)
2,104 Million euro
Change on year
up 10.8%
World rank
37th
of 45 countries
All-time high
2,104 Million euro
in 2024
All-time low
145.81 Million euro
in 1990
Years of data
35
1990–2024
Social protection receipts by institutional sector in Iceland, 1990–2024
Source: Eurostat. Measured in Million euro.
Analysis
In 2024, social protection receipts by institutional sector in Iceland stood at 2,104 Million euro. That is the highest value across all 35 years on record.
The figure is up 10.8% on the previous year and up 144.5% over ten years.
Over the whole period, social protection receipts by institutional sector in Iceland peaked at 2,104 Million euro in 2024 and was at its lowest, 145.81 Million euro, in 1990.
Iceland ranks 37th of 45 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Social protection receipts by institutional sector in Iceland, year by year
| Year | Million euro | Change |
|---|---|---|
| 1990 | 145.81 Million euro | — |
| 1991 | 208.31 Million euro | +42.9% |
| 1992 | 209.92 Million euro | +0.8% |
| 1993 | 197.71 Million euro | -5.8% |
| 1994 | 192.24 Million euro | -2.8% |
| 1995 | 201.4 Million euro | +4.8% |
| 1996 | 228.61 Million euro | +13.5% |
| 1997 | 307 Million euro | +34.3% |
| 1998 | 396.38 Million euro | +29.1% |
| 1999 | 513.22 Million euro | +29.5% |
| 2000 | 598.26 Million euro | +16.6% |
| 2001 | 622.87 Million euro | +4.1% |
| 2002 | 634.28 Million euro | +1.8% |
| 2003 | 706.52 Million euro | +11.4% |
| 2004 | 722.01 Million euro | +2.2% |
| 2005 | 932.47 Million euro | +29.1% |
| 2006 | 917.66 Million euro | -1.6% |
| 2007 | 1,294 Million euro | +41.0% |
| 2008 | 637.42 Million euro | -50.7% |
| 2009 | 538.45 Million euro | -15.5% |
| 2010 | 596.37 Million euro | +10.8% |
| 2011 | 655.18 Million euro | +9.9% |
| 2012 | 732.64 Million euro | +11.8% |
| 2013 | 774.74 Million euro | +5.7% |
| 2014 | 860.78 Million euro | +11.1% |
| 2015 | 1,027 Million euro | +19.3% |
| 2016 | 1,178 Million euro | +14.8% |
| 2017 | 1,672 Million euro | +41.9% |
| 2018 | 1,642 Million euro | -1.8% |
| 2019 | 1,672 Million euro | +1.8% |
| 2020 | 1,628 Million euro | -2.6% |
| 2021 | 1,698 Million euro | +4.3% |
| 2022 | 1,854 Million euro | +9.2% |
| 2023 | 1,898 Million euro | +2.4% |
| 2024 | 2,104 Million euro | +10.8% |
Iceland compared with similar countries
- Iceland's 2,104 Million euro is below the median for Europe & Central Asia, which is 14,754 Million euro, 14% of the median. (34 countries reporting)
- Iceland's 2,104 Million euro is below the median for high income countries, which is 16,736 Million euro, 13% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 260.06 Million euro | 145.81 Million euro | 513.22 Million euro | 10 |
| 2000s | 760.37 Million euro | 538.45 Million euro | 1,294 Million euro | 10 |
| 2010s | 1,081 Million euro | 596.37 Million euro | 1,672 Million euro | 10 |
| 2020s | 1,836 Million euro | 1,628 Million euro | 2,104 Million euro | 5 |
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 social protection receipts by institutional sector in Iceland?
- Social protection receipts by institutional sector in Iceland was 2,104 Million euro in 2024, according to Eurostat.
- What is the highest social protection receipts by institutional sector recorded in Iceland?
- The highest recorded value was 2,104 Million euro in 2024.
- What is the lowest social protection receipts by institutional sector recorded in Iceland?
- The lowest recorded value was 145.81 Million euro in 1990.
- How does Iceland rank for social protection receipts by institutional sector?
- Iceland ranks 37th out of 45 countries with data for 2024.
- Is social protection receipts by institutional sector rising or falling in Iceland?
- Over the last ten years it is up 144.5%. 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 Social protection receipts by institutional sector. Statizoid updates them automatically from the source API.
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