Iceland Health Spending
Current health expenditure as % of GDP SH.XPD.CHEX.GD.ZS
Overview
Iceland's health spending stood at 8.52% in 2025, a decline of +0.46% from 2024. Based on recent trends, this figure is projected to reach 8.52% by 2025. Iceland ranked 57th globally.
Data & projection
| Year | Health Spending | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 8.05% | - | - |
| 2026* trend | 8.29% | - | - |
| 2025* trend | 8.52% | - | - |
| 2025 | 8.52% | −0.46% | #57 |
| 2024 | 8.98% | +0.28% | #10 |
| 2023 | 8.71% | −0.38% | #142 |
| 2022 | 9.08% | −0.64% | #152 |
| 2021 | 9.72% | +0.07% | #156 |
| 2020 | 9.65% | +1.01% | #153 |
| 2019 | 8.64% | +0.20% | #151 |
| 2018 | 8.44% | +0.11% | #150 |
| 2017 | 8.32% | +0.17% | #149 |
| 2016 | 8.16% | +0.02% | #143 |
| 2015 | 8.13% | −0.16% | #141 |
| 2014 | 8.29% | +0.06% | #147 |
| 2013 | 8.23% | −0.00% | #143 |
| 2012 | 8.23% | −0.02% | #144 |
| 2011 | 8.25% | −0.11% | #145 |
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 spending improve within 24 months. View full analysis →
Frequently Asked Questions
Iceland's health spending was 8.52% in 2025. Ranked 57th globally. This represents a 5.1% decrease from the previous year.
Iceland's health spending peaked at 9.73% in 2003.
The lowest health spending in Iceland was 8.13% in 2015.
Iceland ranks 57th globally in health spending as of 2025.
The World Bank indicator code is SH.XPD.CHEX.GD.ZS. Data sourced from World Bank.
Iceland's health spending is projected to reach 8.52% by 2025 based on trend extrapolation.
The health spending of Iceland in 2025 was 8.52%. This ranks 57th in the world.
Cite this page
@misc{historysaid_iceland_health-spending,
title = {Iceland Health Spending},
url = {https://historysaid.com/iceland/health-spending},
publisher = {HistorySaid},
year = {2026}
}