Government health spending as a share of GDP in Iceland

Iceland: Government health spending as a share of GDP was 7.7% in 2025. ▲ Rising

Latest (2025)
7.7%
Change on year
up 0.4%
World rank
18th
of 59 countries
All-time high
8.0%
in 2021
All-time low
1.6%
in 1960
Years of data
66
1960–2025

Government health spending as a share of GDP in Iceland, 1960–2025

2468196019922025

Source: OECD (2026); OECD (1993); Lindert (1994) – with major processing by Our World in Data. Measured in % of GDP.

Analysis

The most recent figure for government health spending as a share of gdp in Iceland is 7.7%, measured in 2025.

That represents a change of up 0.4% on the previous year and up 18.4% over ten years.

Over the whole period, government health spending as a share of gdp in Iceland peaked at 8.0% in 2021 and was at its lowest, 1.6%, in 1960.

Iceland ranks 18th of 59 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 66 years of available data.

Government health spending as a share of GDP in Iceland, year by year

Annual values for Government health spending as a share of GDP in Iceland, 1960 to 2025.
Year % of GDP Change
1960 1.6%
1961 2.1% +30.1%
1962 2.4% +11.7%
1963 2.0% -15.8%
1964 2.3% +18.5%
1965 2.2% -4.5%
1966 2.4% +7.1%
1967 2.9% +20.8%
1968 3.2% +9.8%
1969 3.1% -1.2%
1970 3.0% -5.3%
1971 3.3% +9.9%
1972 3.9% +20.2%
1973 3.6% -7.8%
1974 4.4% +21.6%
1975 4.8% +7.6%
1976 4.4% -6.4%
1977 4.4% -0.7%
1978 4.9% +10.5%
1979 5.5% +12.9%
1980 5.0% -9.3%
1981 5.1% +2.8%
1982 5.4% +5.1%
1983 6.0% +10.3%
1984 5.4% -8.6%
1985 5.6% +3.6%
1986 6.0% +6.2%
1987 6.2% +3.4%
1988 6.7% +7.7%
1989 6.5% -2.9%
1990 6.2% -4.3%
1991 6.3% +2.4%
1992 6.4% +0.5%
1993 6.3% -0.7%
1994 6.2% -1.9%
1995 6.3% +2.0%
1996 6.3% -0.0%
1997 6.2% -1.9%
1998 6.7% +7.0%
1999 7.1% +6.3%
2000 7.1% +0.3%
2001 7.0% -1.6%
2002 7.6% +8.4%
2003 7.8% +3.3%
2004 7.5% -4.4%
2005 7.1% -4.7%
2006 6.9% -3.1%
2007 6.8% -2.1%
2008 6.8% +0.6%
2009 7.1% +5.0%
2010 6.6% -7.5%
2011 6.5% -0.8%
2012 6.5% -0.6%
2013 6.6% +0.9%
2014 6.6% +0.8%
2015 6.5% -1.5%
2016 6.6% +1.0%
2017 6.7% +2.3%
2018 6.9% +1.7%
2019 7.1% +3.3%
2020 7.9% +11.7%
2021 8.0% +1.2%
2022 7.6% -5.6%
2023 7.2% -4.3%
2024 7.7% +6.3%
2025 7.7% +0.4%

Averages by decade

DecadeAverage LowestHighest Years
1960s 2.4% 1.6% 3.2% 10
1970s 4.2% 3.0% 5.5% 10
1980s 5.8% 5.0% 6.7% 10
1990s 6.4% 6.2% 7.1% 10
2000s 7.2% 6.8% 7.8% 10
2010s 6.7% 6.5% 7.1% 10
2020s 7.7% 7.2% 8.0% 6

Countries ranked near Iceland

  1. 15 Norway 8.0% compare
  2. 16 Denmark 7.9% compare
  3. 17 New Zealand 7.8% compare
  4. 19 Czechia 7.6% compare
  5. 20 Poland 6.9% compare
  6. 21 Montenegro 6.8% compare

See the full ranking of 59 places →

More health data for Iceland

All data for Iceland →

Frequently asked questions

What is government health spending as a share of gdp in Iceland?
Government health spending as a share of gdp in Iceland was 7.7% in 2025, according to OECD (2026); OECD (1993); Lindert (1994) – with major processing by Our World in Data.
What is the highest government health spending as a share of gdp recorded in Iceland?
The highest recorded value was 8.0% in 2021.
What is the lowest government health spending as a share of gdp recorded in Iceland?
The lowest recorded value was 1.6% in 1960.
How does Iceland rank for government health spending as a share of gdp?
Iceland ranks 18th out of 59 countries with data for 2025.
Is government health spending as a share of gdp rising or falling in Iceland?
Over the last ten years it is up 18.4%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from OECD (2026); OECD (1993); Lindert (1994) – with major processing by Our World in Data, published as part of Government health spending as a share of GDP. Statizoid updates them automatically from the source API.

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Government health spending as a share of GDP in Iceland. Statizoid, drawing on OECD (2026); OECD (1993); Lindert (1994) – with major processing by Our World in Data. Retrieved 29 August 2026, from https://health.statizoid.com/stat/public-health-expenditure-share-gdp/iceland/

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About this data

Indicator
Government health spending as a share of GDP
Unit
% of GDP
Source
OECD (2026); OECD (1993); Lindert (1994) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
59 places, 2,541 data points, 1880–2025
Last refreshed

Public health expenditure divided by gross domestic product, expressed as a percentage.