{"entity":{"iso2":"IS","iso3":"ISL","name":"Iceland","slug":"iceland"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"social-spending-oecd-longrun","source":"OECD (2025); OECD (1985); Lindert (2004) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/social-spending-oecd-longrun","title":"Public social spending as share of GDP","unit":"% of GDP"},"observations":[{"date":"1990-01-01","value":13.289},{"date":"1991-01-01","value":13.742},{"date":"1992-01-01","value":14.274},{"date":"1993-01-01","value":14.564},{"date":"1994-01-01","value":14.354},{"date":"1995-01-01","value":14.686},{"date":"1996-01-01","value":14.552},{"date":"1997-01-01","value":14.108},{"date":"1998-01-01","value":14.17},{"date":"1999-01-01","value":14.423},{"date":"2000-01-01","value":14.462},{"date":"2001-01-01","value":14.482},{"date":"2002-01-01","value":15.808},{"date":"2003-01-01","value":16.732},{"date":"2004-01-01","value":16.492},{"date":"2005-01-01","value":15.618},{"date":"2006-01-01","value":14.977},{"date":"2007-01-01","value":15.825},{"date":"2008-01-01","value":16.15},{"date":"2009-01-01","value":18.491},{"date":"2010-01-01","value":17.732},{"date":"2011-01-01","value":18.198},{"date":"2012-01-01","value":17.844},{"date":"2013-01-01","value":17.376},{"date":"2014-01-01","value":17.573},{"date":"2015-01-01","value":16.71},{"date":"2016-01-01","value":16.55},{"date":"2017-01-01","value":17.559},{"date":"2018-01-01","value":17.819},{"date":"2019-01-01","value":18.854},{"date":"2020-01-01","value":23.071},{"date":"2021-01-01","value":22.696},{"date":"2022-01-01","value":19.554},{"date":"2023-01-01","value":18.63},{"date":"2024-01-01","value":19.215}],"summary":{"latest_period":"2024-01-01","latest_value":19.215,"max":23.071,"mean":16.588,"min":13.289,"of":42,"rank":26,"trend":"rising"}}