24Peaks / Europe / Iceland / Government Social Protection Expenditure (% of GDP)

Iceland - Government Social Protection Expenditure (% of GDP) 10.86

IMF Government Finance Statistics · updated 2026-10-03 · 77 economies tracked

Latest value

10.86 (2023)

Global rank

##38 of 77 economies

Share of global total

1.4%

Growth since 2017

1.09×

Ranking Race — Government Social Protection Expenditure (% of GDP)

1 = global #1 · higher value ranks higher

#1#10#19#28#37#46#55201720222025#40#382020 overtook Czechia2023 overtook Canada
IcelandMauritiusNew ZealandTürkiye

Real annual global ranks, 2017 - 2025. Iceland climbed from #40 to #38 (overtook Czechia). Gaps in a lane = missing data that year.

Key events for Iceland ↓

Key Events — Iceland

Auto-detected from rank data + curated milestones

2020
Overtook Czechia in global rank auto
2023
Overtook Canada in global rank auto

Government Social Protection Expenditure (% of GDP), 2017-2023

IMF Government Finance Statistics · % of GDP · linear scale · ranking in the race above
2017202220239.9211.2612.5913.93
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