Social protection receipts by institutional sector in Iceland

Iceland: Social protection receipts by institutional sector was 1,898 Million euro in 2023. ◆ Volatile

Latest (2023)
1,898 Million euro
Change on year
up 2.4%
World rank
29th
of 36 countries
All-time high
1,898 Million euro
in 2023
All-time low
145.81 Million euro
in 1990
Years of data
34
1990–2023

Social protection receipts by institutional sector in Iceland, 1990–2023

05001.0k1.5k2.0k1990200620231990: 145.8 Million euro1991: 208.3 Million euro1992: 209.9 Million euro1993: 197.7 Million euro1994: 192.2 Million euro1995: 201.4 Million euro1996: 228.6 Million euro1997: 307 Million euro1998: 396.4 Million euro1999: 513.2 Million euro2000: 598.3 Million euro2001: 622.9 Million euro2002: 634.3 Million euro2003: 706.5 Million euro2004: 722 Million euro2005: 932.5 Million euro2006: 917.7 Million euro2007: 1.3k Million euro2008: 637.4 Million euro2009: 538.5 Million euro2010: 596.4 Million euro2011: 655.2 Million euro2012: 732.6 Million euro2013: 774.7 Million euro2014: 860.8 Million euro2015: 1.0k Million euro2016: 1.2k Million euro2017: 1.7k Million euro2018: 1.6k Million euro2019: 1.7k Million euro2020: 1.6k Million euro2021: 1.7k Million euro2022: 1.9k Million euro2023: 1.9k Million euro

Source: Eurostat. Measured in Million euro.

Analysis

In 2023, social protection receipts by institutional sector in Iceland stood at 1,898 Million euro. That is the highest value across all 34 years on record.

The figure is up 2.4% on the previous year and up 145.0% over ten years.

Over the whole period, social protection receipts by institutional sector in Iceland peaked at 1,898 Million euro in 2023 and was at its lowest, 145.81 Million euro, in 1990.

Iceland ranks 29th of 36 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest 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 1,769 Million euro 1,628 Million euro 1,898 Million euro 4

Countries ranked near Iceland

  1. 26 Luxembourg 3,887 Million euro compare
  2. 27 Croatia 3,810 Million euro compare
  3. 28 Latvia 2,168 Million euro compare
  4. 30 Cyprus 1,846 Million euro compare
  5. 31 Romania 1,582 Million euro compare
  6. 32 Lithuania 1,265 Million euro compare

See the full ranking of 45 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is social protection receipts by institutional sector in Iceland?
Social protection receipts by institutional sector in Iceland was 1,898 Million euro in 2023, according to Eurostat.
What is the highest social protection receipts by institutional sector recorded in Iceland?
The highest recorded value was 1,898 Million euro in 2023.
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 29th out of 36 countries with data for 2023.
Is social protection receipts by institutional sector rising or falling in Iceland?
Over the last ten years it is up 145.0%. 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.

Download this data

CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (Eurostat).

About this data

Indicator
Social protection receipts by institutional sector
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
45 places, 1,180 data points, 1990–2024
Last refreshed