Wage bill as a percentage of Public Expenditure in Iceland
Iceland: Wage bill as a percentage of Public Expenditure was 30.6% in 2022. ▬ Flat
Latest (2022)
30.6%
Change on year
down 4.0%
World rank
50th
of 191 countries
All-time high
33.0%
in 2005
All-time low
21.0%
in 2008
Years of data
23
2000–2022
Wage bill as a percentage of Public Expenditure in Iceland, 2000–2022
Source: World Bank.
Analysis
In 2022, wage bill as a percentage of public expenditure in Iceland stood at 30.6%.
Compared with earlier readings it is down 4.0% on the previous year and up 9.4% over ten years.
Over the whole period, wage bill as a percentage of public expenditure in Iceland peaked at 33.0% in 2005 and was at its lowest, 21.0%, in 2008.
That places Iceland 50th out of 191 countries with data for 2022, putting it in the middle of the range.
Wage bill as a percentage of Public Expenditure in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 30.5% | — |
| 2001 | 29.2% | -4.4% |
| 2002 | 32.4% | +11.1% |
| 2003 | 32.2% | -0.8% |
| 2004 | 31.6% | -1.8% |
| 2005 | 33.0% | +4.5% |
| 2006 | 32.0% | -3.2% |
| 2007 | 30.6% | -4.4% |
| 2008 | 21.0% | -31.3% |
| 2009 | 25.2% | +19.8% |
| 2010 | 27.1% | +7.7% |
| 2011 | 26.1% | -3.8% |
| 2012 | 27.9% | +7.2% |
| 2013 | 28.8% | +3.2% |
| 2014 | 29.4% | +1.9% |
| 2015 | 31.1% | +5.8% |
| 2016 | 29.0% | -6.8% |
| 2017 | 31.8% | +9.7% |
| 2018 | 32.3% | +1.6% |
| 2019 | 32.8% | +1.6% |
| 2020 | 31.5% | -3.8% |
| 2021 | 31.8% | +0.9% |
| 2022 | 30.6% | -4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 29.8% | 21.0% | 33.0% | 10 |
| 2010s | 29.6% | 26.1% | 32.8% | 10 |
| 2020s | 31.3% | 30.6% | 31.8% | 3 |
Countries ranked near Iceland
- 47 Bahrain 30.8% compare
- 48 Costa Rica 30.7% compare
- 49 Russian Federation 30.7% compare
- 51 Seychelles 30.6% compare
- 52 Cambodia 30.6% compare
- 53 Republic of Korea 30.5% compare
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 wage bill as a percentage of public expenditure in Iceland?
- Wage bill as a percentage of public expenditure in Iceland was 30.6% in 2022, according to the World Bank.
- What is the highest wage bill as a percentage of public expenditure recorded in Iceland?
- The highest recorded value was 33.0% in 2005.
- What is the lowest wage bill as a percentage of public expenditure recorded in Iceland?
- The lowest recorded value was 21.0% in 2008.
- How does Iceland rank for wage bill as a percentage of public expenditure?
- Iceland ranks 50th out of 191 countries with data for 2022.
- Is wage bill as a percentage of public expenditure rising or falling in Iceland?
- Over the last ten years it is up 9.4%. The long-run trend across the full record is flat.
- Where does this Iceland data come from?
- The figures come from the World Bank, published as part of Wage bill as a percentage of Public Expenditure. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).