Iceland (2024)
7.5
% of GDP
+0.3pp YoY
YoY Change
+0.3pp
percentage points
Trend
up
Series length
14
years of data

Data

Year% of GDPYoY Change
20247.5+0.3pp
20237.2-0.4pp
20227.6-0.4pp
20218.0+0.1pp
20207.9+0.8pp
20197.1+0.2pp
20186.8+0.1pp
20176.7+0.2pp
20166.6+0.1pp
20156.5-0.1pp
20146.6+0.1pp
20136.6+0.1pp
20126.5-0.0pp
20116.5n/a

About this Dataset

Iceland recorded 7.5 % of GDP in 2024. The most recent year-on-year change was +0.3pp. The historical series (2005–2024) shows a peak of 8.0 in 2021 and a trough of 6.5 in 2012.

Data sourced from Eurostat via SDMX REST API. Values use harmonised methodology ensuring cross-country comparability within the European statistical framework.

The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.

Frequently Asked Questions

This indicator tracks iceland government health expenditure (% of gdp) in Iceland, published by Eurostat. Data covers 2005–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. Eurostat typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 8.0 % of GDP in 2021 and reached its lowest recorded value of 6.5 in 2012. The latest reading of 7.5 in 2024 represents a year-on-year change of +0.3pp.