Healthcare expenditure vs gdp in Iceland

Iceland: Healthcare expenditure vs gdp was 6,927 in 2024. ▲ Rising

Latest (2024)
6,927
Change on year
up 4.7%
World rank
16th
of 193 countries
All-time high
6,927
in 2024
All-time low
2,650
in 2000
Years of data
25
2000–2024

Healthcare expenditure vs gdp in Iceland, 2000–2024

02.0k4.0k6.0k2000201220242000: 2.6k2001: 2.8k2002: 3.1k2003: 3.2k2004: 3.3k2005: 3.3k2006: 3.4k2007: 3.5k2008: 3.6k2009: 3.7k2010: 3.3k2011: 3.4k2012: 3.5k2013: 3.7k2014: 3.8k2015: 4.0k2016: 4.4k2017: 4.6k2018: 4.8k2019: 5.2k2020: 5.4k2021: 6.0k2022: 6.7k2023: 6.6k2024: 6.9k

Source: Our World in Data.

Analysis

Iceland recorded 6,927 for healthcare expenditure vs gdp in 2024. That is the highest value across all 25 years on record.

Compared with earlier readings it is up 4.7% on the previous year and up 81.7% over ten years.

Over the whole period, healthcare expenditure vs gdp in Iceland peaked at 6,927 in 2024 and was at its lowest, 2,650, in 2000.

Iceland ranks 16th of 193 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 25 years of available data.

Healthcare expenditure vs gdp in Iceland, year by year

Annual values for Healthcare expenditure vs gdp in Iceland, 2000 to 2024.
Year Value Change
2000 2,650
2001 2,790 +5.3%
2002 3,065 +9.9%
2003 3,181 +3.8%
2004 3,321 +4.4%
2005 3,338 +0.5%
2006 3,396 +1.7%
2007 3,464 +2.0%
2008 3,647 +5.3%
2009 3,672 +0.7%
2010 3,324 -9.5%
2011 3,378 +1.6%
2012 3,456 +2.3%
2013 3,652 +5.7%
2014 3,812 +4.4%
2015 4,000 +4.9%
2016 4,360 +9.0%
2017 4,630 +6.2%
2018 4,825 +4.2%
2019 5,227 +8.3%
2020 5,382 +3.0%
2021 5,987 +11.2%
2022 6,697 +11.9%
2023 6,618 -1.2%
2024 6,927 +4.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 3,252 2,650 3,672 10
2010s 4,066 3,324 5,227 10
2020s 6,322 5,382 6,927 5

Countries ranked near Iceland

  1. 13 Canada 7,646 compare
  2. 14 Belgium 7,489 compare
  3. 15 Denmark 7,262 compare
  4. 17 France 6,868 compare
  5. 18 United Kingdom of Great Britain and Northern Ireland 6,606 compare
  6. 19 Singapore 6,551 compare

See the full ranking of 193 places →

More health data for Iceland

All data for Iceland →

Frequently asked questions

What is healthcare expenditure vs gdp in Iceland?
Healthcare expenditure vs gdp in Iceland was 6,927 in 2024, according to Our World in Data.
What is the highest healthcare expenditure vs gdp recorded in Iceland?
The highest recorded value was 6,927 in 2024.
What is the lowest healthcare expenditure vs gdp recorded in Iceland?
The lowest recorded value was 2,650 in 2000.
How does Iceland rank for healthcare expenditure vs gdp?
Iceland ranks 16th out of 193 countries with data for 2024.
Is healthcare expenditure vs gdp rising or falling in Iceland?
Over the last ten years it is up 81.7%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Our World in Data, published as part of Healthcare expenditure vs gdp. Statizoid updates them automatically from the source API.

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Healthcare expenditure vs gdp in Iceland. Statizoid, drawing on Our World in Data. Retrieved 26 August 2026, from https://health.statizoid.com/stat/healthcare-expenditure-vs-gdp/iceland/

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About this data

Indicator
Healthcare expenditure vs gdp
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
193 places, 4,561 data points, 2000–2024
Last refreshed