Social protection receipts by type in Iceland

Iceland: Social protection receipts by type was 9,557 Million euro in 2023. ◆ Volatile

Latest (2023)
9,557 Million euro
Change on year
up 25.4%
World rank
29th
of 36 countries
All-time high
11,824 Million euro
in 2021
All-time low
942.08 Million euro
in 1990
Years of data
34
1990–2023

Social protection receipts by type in Iceland, 1990–2023

02.5k5.0k7.5k10.0k12.5k1990200620231990: 942.1 Million euro1991: 1.1k Million euro1992: 1.1k Million euro1993: 1.1k Million euro1994: 1.1k Million euro1995: 1.1k Million euro1996: 1.2k Million euro1997: 1.4k Million euro1998: 1.6k Million euro1999: 2.0k Million euro2000: 2.2k Million euro2001: 2.4k Million euro2002: 2.5k Million euro2003: 3.5k Million euro2004: 3.9k Million euro2005: 5.4k Million euro2006: 5.6k Million euro2007: 4.8k Million euro2008: 3.0k Million euro2009: 2.5k Million euro2010: 2.8k Million euro2011: 2.9k Million euro2012: 3.0k Million euro2013: 3.5k Million euro2014: 3.8k Million euro2015: 4.7k Million euro2016: 5.5k Million euro2017: 6.5k Million euro2018: 6.6k Million euro2019: 9.7k Million euro2020: 9.6k Million euro2021: 11.8k Million euro2022: 7.6k Million euro2023: 9.6k Million euro

Source: Eurostat. Measured in Million euro.

Analysis

Iceland recorded 9,557 Million euro for social protection receipts by type in 2023.

Compared with earlier readings it is up 25.4% on the previous year and up 175.7% over ten years.

Over the whole period, social protection receipts by type in Iceland peaked at 11,824 Million euro in 2021 and was at its lowest, 942.08 Million euro, in 1990.

That places Iceland 29th out of 36 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.

Averages by decade

DecadeAverage LowestHighest Years
1990s 1,252 Million euro 942.08 Million euro 1,978 Million euro 10
2000s 3,578 Million euro 2,247 Million euro 5,588 Million euro 10
2010s 4,881 Million euro 2,767 Million euro 9,657 Million euro 10
2020s 9,640 Million euro 7,619 Million euro 11,824 Million euro 4

Countries ranked near Iceland

  1. 26 Serbia 15,746 Million euro compare
  2. 27 Slovenia 14,665 Million euro compare
  3. 28 Lithuania 13,072 Million euro compare
  4. 30 Cyprus 7,827 Million euro compare
  5. 31 Latvia 7,684 Million euro compare
  6. 32 Estonia 6,965 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 type in Iceland?
Social protection receipts by type in Iceland was 9,557 Million euro in 2023, according to Eurostat.
What is the highest social protection receipts by type recorded in Iceland?
The highest recorded value was 11,824 Million euro in 2021.
What is the lowest social protection receipts by type recorded in Iceland?
The lowest recorded value was 942.08 Million euro in 1990.
How does Iceland rank for social protection receipts by type?
Iceland ranks 29th out of 36 countries with data for 2023.
Is social protection receipts by type rising or falling in Iceland?
Over the last ten years it is up 175.7%. 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 Social protection receipts by type. 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 type
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
45 places, 1,186 data points, 1990–2024
Last refreshed