Iceland Health Expenditure per Capita
Current health expenditure per capita SH.XPD.CHEX.PC.CD
Iceland's health expenditure per capita was $8,066 in 2025, ranked 7th globally. This represents a 5.6% increase from 2024. Data from World Bank, covering 2000–2025.
Overview
Iceland's health expenditure per capita stood at $8,066 in 2025, a rise of +$425 from 2024. Based on recent trends, this figure is projected to reach $8,066 by 2025. Iceland ranked 7th globally.
Iceland's health expenditure per capita has experienced significant growth over the past two and a half decades, with a notable increase from the all-time trough in 2001, when it stood at $2,528.55, to the current rate of $8,066.50 in 2025. This represents a substantial rise of nearly $5,538 per capita, indicating a substantial expansion in healthcare spending. Iceland's health expenditure per capita surpassed that of several peer countries, including Ireland, which ranked at $7,531.78 in 2025, and even Luxembourg, which held the top rank with $8,218.35. The steady increase in health expenditure per capita suggests a focus on improving healthcare services and outcomes in Iceland. However, the trajectory of this trend may be influenced by shifts in the country's economic landscape, particularly any changes to its healthcare financing model or demographics, which could impact the direction and pace of future growth.
Data & projection
| Year | Health Expenditure per Capita | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $8,914 | - | - |
| 2026* trend | $8,490 | - | - |
| 2025* trend | $8,066 | - | - |
| 2025 | $8,066 | +$425 | #7 |
| 2024 | $7,642 | +$577 | #2 |
| 2023 | $7,065 | +$213 | #7 |
| 2022 | $6,852 | +$129 | #7 |
| 2021 | $6,722 | +$1,030 | #11 |
| 2020 | $5,693 | −$219 | #13 |
| 2019 | $5,912 | −$368 | #8 |
| 2018 | $6,280 | +$288 | #6 |
| 2017 | $5,992 | +$939 | #6 |
| 2016 | $5,054 | +$750 | #10 |
| 2015 | $4,304 | −$219 | #17 |
| 2014 | $4,523 | +$427 | #19 |
| 2013 | $4,096 | +$311 | #21 |
| 2012 | $3,784 | −$153 | #20 |
| 2011 | $3,937 | +$323 | #20 |
Detected Pattern
Analysis
Iceland matched the Export Boom Cycle pattern in 2016. Historically, 71% of countries showing this pattern (546 out of 768) saw health expenditure per capita improve within 24 months. View full analysis →
Frequently Asked Questions
Iceland's health expenditure per capita was $8,066 in 2025. Ranked 7th globally. This represents a 5.6% increase from the previous year.
Iceland's health expenditure per capita peaked at $8,066 in 2025.
The lowest health expenditure per capita in Iceland was $2,529 in 2001.
Iceland ranks 7th globally in health expenditure per capita as of 2025.
The World Bank indicator code is SH.XPD.CHEX.PC.CD. Data sourced from World Bank.
Iceland's health expenditure per capita is projected to reach $8,066 by 2025 based on trend extrapolation.
The health expenditure per capita of Iceland in 2025 was $8,066. This ranks 7th in the world.
Cite this page
@misc{historysaid_iceland_health-expenditure-per-capita,
title = {Iceland Health Expenditure per Capita},
url = {https://historysaid.com/iceland/health-expenditure-per-capita/},
publisher = {HistorySaid},
year = {2026}
}