Data / Health spending, share of GDP / Iceland

Health spending, share of GDP in Iceland

Health spending, share of GDP in Iceland was 9.2% of GDP in 2025, according to the Organisation for Economic Co-operation and Development. That is unchanged from 2024. That is the 20th highest of 38 countries in 2025.

2025, % of GDP9.2 Provisional
Change on 20240 pts
Rank20th of 38Countries ranked
Series high9.62003
Series low4.41973

Next release: Tuesday, 12 October 2027, estimated by Invokely from past publication dates (low confidence), not announced by the publisher. Release calendar

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Health spending, share of GDP in Iceland, 1970 to 2025

46810197019781986199420022010201820251970: 4.5 % of GDP1971: 4.9 % of GDP1972: 4.8 % of GDP1973: 4.4 % of GDP1974: 5 % of GDP1975: 5.5 % of GDP1976: 5.1 % of GDP1977: 5.1 % of GDP1978: 5.4 % of GDP1979: 6.2 % of GDP1980: 5.7 % of GDP1981: 5.8 % of GDP1982: 6.1 % of GDP1983: 6.7 % of GDP1984: 6.3 % of GDP1985: 6.5 % of GDP1986: 7 % of GDP1987: 7.1 % of GDP1988: 7.7 % of GDP1989: 7.5 % of GDP1990: 7.2 % of GDP1991: 7.4 % of GDP1992: 7.6 % of GDP1993: 7.6 % of GDP1994: 7.5 % of GDP1995: 7.6 % of GDP1996: 7.6 % of GDP1997: 7.6 % of GDP1998: 8.3 % of GDP1999: 8.7 % of GDP2000: 8.8 % of GDP2001: 8.7 % of GDP2002: 9.3 % of GDP2003: 9.6 % of GDP2004: 9.2 % of GDP2005: 8.8 % of GDP2006: 8.5 % of GDP2007: 8.2 % of GDP2008: 8.3 % of GDP2009: 8.7 % of GDP2010: 8.3 % of GDP2011: 8.2 % of GDP2012: 8.1 % of GDP2013: 8.2 % of GDP2014: 8.2 % of GDP2015: 8 % of GDP2016: 8.1 % of GDP2017: 8.2 % of GDP2018: 8.3 % of GDP2019: 8.5 % of GDP2020: 9.5 % of GDP2021: 9.5 % of GDP2022: 8.9 % of GDP2023: 8.6 % of GDP2024: 9.2 % of GDP2025: 9.2 % of GDP4681019701989200820251970: 4.5 % of GDP1971: 4.9 % of GDP1972: 4.8 % of GDP1973: 4.4 % of GDP1974: 5 % of GDP1975: 5.5 % of GDP1976: 5.1 % of GDP1977: 5.1 % of GDP1978: 5.4 % of GDP1979: 6.2 % of GDP1980: 5.7 % of GDP1981: 5.8 % of GDP1982: 6.1 % of GDP1983: 6.7 % of GDP1984: 6.3 % of GDP1985: 6.5 % of GDP1986: 7 % of GDP1987: 7.1 % of GDP1988: 7.7 % of GDP1989: 7.5 % of GDP1990: 7.2 % of GDP1991: 7.4 % of GDP1992: 7.6 % of GDP1993: 7.6 % of GDP1994: 7.5 % of GDP1995: 7.6 % of GDP1996: 7.6 % of GDP1997: 7.6 % of GDP1998: 8.3 % of GDP1999: 8.7 % of GDP2000: 8.8 % of GDP2001: 8.7 % of GDP2002: 9.3 % of GDP2003: 9.6 % of GDP2004: 9.2 % of GDP2005: 8.8 % of GDP2006: 8.5 % of GDP2007: 8.2 % of GDP2008: 8.3 % of GDP2009: 8.7 % of GDP2010: 8.3 % of GDP2011: 8.2 % of GDP2012: 8.1 % of GDP2013: 8.2 % of GDP2014: 8.2 % of GDP2015: 8 % of GDP2016: 8.1 % of GDP2017: 8.2 % of GDP2018: 8.3 % of GDP2019: 8.5 % of GDP2020: 9.5 % of GDP2021: 9.5 % of GDP2022: 8.9 % of GDP2023: 8.6 % of GDP2024: 9.2 % of GDP2025: 9.2 % of GDP
% of GDP. Source: OECD, OECD Health expenditure and financing: current expenditure on health, all financing schemes, share of GDP (DSD_SHA@DF_SHA). Retrieved 2026-10-12, published 2026-10-12.
All 56 values
Period% of GDP
20259.2 Provisional
20249.2
20238.6
20228.9
20219.5
20209.5
20198.5
20188.3
20178.2
20168.1
20158
20148.2
20138.2
20128.1
20118.2
20108.3
20098.7
20088.3
20078.2
20068.5
20058.8
20049.2
20039.6
20029.3
20018.7
20008.8 Series break
19998.7
19988.3
19977.6
19967.6
19957.6
19947.5
19937.6
19927.6
19917.4
19907.2
19897.5
19887.7
19877.1
19867
19856.5
19846.3
19836.7
19826.1
19815.8
19805.7 Series break
19796.2
19785.4
19775.1
19765.1
19755.5
19745
19734.4
19724.8
19714.9
19704.5

Iceland compared with nearby places

Austria: 11.9 % of GDPAustralia: 11.1 % of GDPBelgium: 11.2 % of GDPCanada: 11.5 % of GDPSwitzerland: 11.6 % of GDPChile: 10.3 % of GDPColombia: 8.5 % of GDPCosta Rica: 6.8 % of GDPCzechia: 8.9 % of GDPGermany: 12.7 % of GDPDenmark: 9.6 % of GDPEstonia: 8.1 % of GDPSpain: 8.9 % of GDPFinland: 10.6 % of GDPFrance: 11.4 % of GDPUnited Kingdom: 11.4 % of GDPGreece: 8.2 % of GDPHungary: 6.5 % of GDPIreland: 6.1 % of GDPIsrael: 7 % of GDPIceland: 9.2 % of GDPItaly: 8.4 % of GDPJapan: 10.1 % of GDPSouth Korea: 8.4 % of GDPLithuania: 7.6 % of GDPLuxembourg: 5.9 % of GDPLatvia: 8.5 % of GDPMexico: 6.2 % of GDPNetherlands: 10.2 % of GDPNorway: 9.3 % of GDPNew Zealand: 9.8 % of GDPPoland: 8.9 % of GDPPortugal: 10.4 % of GDPSweden: 10.9 % of GDPSlovenia: 9.7 % of GDPSlovakia: 8.1 % of GDPTürkiye: 4.7 % of GDPUnited States: 17.6 % of GDP
  • Under 7.1
  • 7.1 to 8.5
  • 8.5 to 9.3
  • 9.3 to 10
  • 10 to 11
  • 11 and over
  • No data
Health spending, share of GDP, 2025, % of GDP. Iceland is outlined. Same source and period for every area shown. Source: Organisation for Economic Co-operation and Development. Boundaries: Natural Earth (public domain).

Rankings

Definition

Current expenditure on health from all financing schemes, public and private, as a percentage of GDP, under the System of Health Accounts 2011. Excludes capital investment in health facilities and equipment.

The latest year is often an OECD or national estimate and is revised when final accounts arrive.

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How to cite

OECD. OECD Health expenditure and financing: current expenditure on health, all financing schemes, share of GDP (DSD_SHA@DF_SHA). https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_SHA%40DF_SHA&df[ag]=OECD.ELS.HD. Accessed 2026-10-12. Data reuse terms and downstream attribution: https://www.oecd.org/en/about/terms-conditions.html

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

Organisation for Economic Co-operation and Development. (2026). OECD Health expenditure and financing: current expenditure on health, all financing schemes, share of GDP (DSD_SHA@DF_SHA) (Health spending, share of GDP, Iceland, 1970 to 2025) [Data set]. Retrieved October 12, 2026, from https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_SHA%40DF_SHA&df[ag]=OECD.ELS.HD

MLA 9

OECD Health expenditure and financing: current expenditure on health, all financing schemes, share of GDP (DSD_SHA@DF_SHA), Health spending, share of GDP, Iceland, 1970 to 2025. Organisation for Economic Co-operation and Development, 12 Oct. 2026, https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_SHA%40DF_SHA&df[ag]=OECD.ELS.HD. Invokely, https://invokely.ai/en/health-spending-share-of-gdp/iceland. Accessed 12 Oct. 2026.

Chicago (author-date)

Organisation for Economic Co-operation and Development. 2026. OECD Health expenditure and financing: current expenditure on health, all financing schemes, share of GDP (DSD_SHA@DF_SHA). Health spending, share of GDP, Iceland, 1970 to 2025. Dataset. Accessed October 12, 2026. https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_SHA%40DF_SHA&df[ag]=OECD.ELS.HD. Also distributed by Invokely, https://invokely.ai/en/health-spending-share-of-gdp/iceland.

Harvard

Organisation for Economic Co-operation and Development (2026) OECD Health expenditure and financing: current expenditure on health, all financing schemes, share of GDP (DSD_SHA@DF_SHA), Health spending, share of GDP, Iceland, 1970 to 2025 [Dataset]. Available at: https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_SHA%40DF_SHA&df[ag]=OECD.ELS.HD, via Invokely: https://invokely.ai/en/health-spending-share-of-gdp/iceland (Accessed: 12 October 2026).

BibTeX
@misc{organisation_health_spending_share_of_2025,
  author = {{Organisation for Economic Co-operation and Development}},
  title = {{OECD Health expenditure and financing: current expenditure on health, all financing schemes, share of GDP (DSD\_SHA@DF\_SHA): Health spending, share of GDP, Iceland, 1970 to 2025}},
  year = {2026},
  howpublished = {Data set},
  url = {https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_SHA%40DF_SHA&df[ag]=OECD.ELS.HD},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/en/health-spending-share-of-gdp/iceland. Publisher attribution: OECD. OECD Health expenditure and financing: current expenditure on health, all financing schemes, share of GDP (DSD\_SHA@DF\_SHA). https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ\&df[id]=DSD\_SHA\%40DF\_SHA\&df[ag]=OECD.ELS.HD. Accessed 2026-10-12. Data reuse terms and downstream attribution: https://www.oecd.org/en/about/terms-conditions.html.},
}
RIS
TY  - DATA
AU  - Organisation for Economic Co-operation and Development
TI  - OECD Health expenditure and financing: current expenditure on health, all financing schemes, share of GDP (DSD_SHA@DF_SHA): Health spending, share of GDP, Iceland, 1970 to 2025
PY  - 2026
DA  - 2026/10/12
PB  - Organisation for Economic Co-operation and Development
DB  - Invokely
UR  - https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_SHA%40DF_SHA&df[ag]=OECD.ELS.HD
L2  - https://invokely.ai/en/health-spending-share-of-gdp/iceland
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/health-spending-share-of-gdp/iceland.
N1  - Publisher attribution: OECD. OECD Health expenditure and financing: current expenditure on health, all financing schemes, share of GDP (DSD_SHA@DF_SHA). https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_SHA%40DF_SHA&df[ag]=OECD.ELS.HD. Accessed 2026-10-12. Data reuse terms and downstream attribution: https://www.oecd.org/en/about/terms-conditions.html.
ER  -
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Questions

What is the health spending, share of GDP in Iceland?

Health spending, share of GDP in Iceland was 9.2% of GDP in 2025, according to the Organisation for Economic Co-operation and Development. That is unchanged from 2024. That is the 20th highest of 38 countries in 2025.

Where does this figure come from?

Organisation for Economic Co-operation and Development. OECD Health expenditure and financing: current expenditure on health, all financing schemes, share of GDP (DSD_SHA@DF_SHA). Retrieved by Invokely on 2026-10-12.

What was the highest health spending, share of GDP in Iceland?

9.6% of GDP in 2003, the highest value since 1970 in this series.

Health spending, share of GDP in other countries

Related statistics for Iceland

All statistics for Iceland | Iceland in figures