Expenditure for selected health care functions by health care in Iceland

Iceland: Expenditure for selected health care functions by health care was 3,147 Million euro in 2025. ▲ Rising

Latest (2025)
3,147 Million euro
Change on year
up 11.8%
World rank
36th
of 42 countries
All-time high
3,147 Million euro
in 2025
All-time low
826.64 Million euro
in 2009
Years of data
23
2003–2025

Expenditure for selected health care functions by health care in Iceland, 2003–2025

1.0k1.5k2.0k2.5k3.0k2003201420252003: 985.4 Million euro2004: 1.0k Million euro2005: 1.2k Million euro2006: 1.2k Million euro2007: 1.3k Million euro2008: 922.4 Million euro2009: 826.6 Million euro2010: 868.3 Million euro2011: 902.7 Million euro2012: 944.9 Million euro2013: 998.1 Million euro2014: 1.1k Million euro2015: 1.3k Million euro2016: 1.5k Million euro2017: 1.8k Million euro2018: 1.9k Million euro2019: 1.9k Million euro2020: 1.8k Million euro2021: 2.1k Million euro2022: 2.5k Million euro2023: 2.5k Million euro2024: 2.8k Million euro2025: 3.1k Million euro

Source: Eurostat. Measured in Million euro.

Analysis

Iceland recorded 3,147 Million euro for expenditure for selected health care functions by health care in 2025. That is the highest value across all 23 years on record.

The figure is up 11.8% on the previous year and up 145.0% over ten years.

Over the whole period, expenditure for selected health care functions by health care in Iceland peaked at 3,147 Million euro in 2025 and was at its lowest, 826.64 Million euro, in 2009.

That places Iceland 36th out of 42 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 23 years of available data.

Expenditure for selected health care functions by health care in Iceland, year by year

Annual values for Expenditure for selected health care functions by health care financing schemes in Iceland, 2003 to 2025.
Year Million euro Change
2003 985.42 Million euro
2004 1,039 Million euro +5.4%
2005 1,214 Million euro +16.9%
2006 1,195 Million euro -1.5%
2007 1,322 Million euro +10.6%
2008 922.38 Million euro -30.2%
2009 826.64 Million euro -10.4%
2010 868.3 Million euro +5.0%
2011 902.69 Million euro +4.0%
2012 944.94 Million euro +4.7%
2013 998.13 Million euro +5.6%
2014 1,117 Million euro +11.9%
2015 1,284 Million euro +15.0%
2016 1,536 Million euro +19.6%
2017 1,825 Million euro +18.8%
2018 1,877 Million euro +2.8%
2019 1,905 Million euro +1.5%
2020 1,829 Million euro -4.0%
2021 2,119 Million euro +15.9%
2022 2,475 Million euro +16.8%
2023 2,534 Million euro +2.4%
2024 2,814 Million euro +11.1%
2025 3,147 Million euro +11.8%

Iceland compared with similar countries

  • Iceland's 3,147 Million euro is below the median for Europe & Central Asia, which is 27,850 Million euro, 11% of the median. (32 countries reporting)
  • Iceland's 3,147 Million euro is below the median for high income countries, which is 27,850 Million euro, 11% of the median. (32 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 1,072 Million euro 826.64 Million euro 1,322 Million euro 7
2010s 1,326 Million euro 868.3 Million euro 1,905 Million euro 10
2020s 2,486 Million euro 1,829 Million euro 3,147 Million euro 6

Countries ranked near Iceland

  1. 33 Luxembourg 5,287 Million euro compare
  2. 34 Estonia 3,354 Million euro compare
  3. 34 Estonia 3,354 Million euro compare
  4. 37 Latvia 2,865 Million euro compare
  5. 37 Latvia 2,865 Million euro compare
  6. 39 Cyprus 2,782 Million euro compare

See the full ranking of 49 places →

More health data for Iceland

All data for Iceland →

Frequently asked questions

What is expenditure for selected health care functions by health care in Iceland?
Expenditure for selected health care functions by health care in Iceland was 3,147 Million euro in 2025, according to Eurostat.
What is the highest expenditure for selected health care functions by health care recorded in Iceland?
The highest recorded value was 3,147 Million euro in 2025.
What is the lowest expenditure for selected health care functions by health care recorded in Iceland?
The lowest recorded value was 826.64 Million euro in 2009.
How does Iceland rank for expenditure for selected health care functions by health care?
Iceland ranks 36th out of 42 countries with data for 2025.
Is expenditure for selected health care functions by health care rising or falling in Iceland?
Over the last ten years it is up 145.0%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Eurostat, published as part of Expenditure for selected health care functions by health care financing schemes. Statizoid updates them automatically from the source API.

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Expenditure for selected health care functions by health care in Iceland. Statizoid, drawing on Eurostat. Retrieved 14 September 2026, from https://health.statizoid.com/stat/expenditure-for-selected-health-care-functions-by-health-care-financing-schemes/iceland/

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About this data

Indicator
Expenditure for selected health care functions by health care financing schemes
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
49 places, 783 data points, 1992–2025
Last refreshed