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Iceland - Health Spending 2024

Name: Iceland Health Spending 2024
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Current health expenditure as % of GDP · World Bank

8.98% +0.28% from 2023 Global rank: 10th

Iceland's health spending was 8.98% in 2024, increased +0.28% from 8.71% in 2023. This was the 10th highest globally.

Global Ranking - 2024▾

Health Spending by Country - 2024
Rank	Country	Value	YoY
1st	Luxembourg	5.89%	1.8%
2nd	Ireland	6.85%	4.2%
3rd	Lithuania	7.60%	3.8%
4th	Estonia	7.84%	4.9%
5th	Poland	8.06%	13.0%
6th	Colombia	8.14%	-0.2%
7th	Italy	8.44%	0.5%
8th	Czechia	8.51%	1.0%
9th	Korea	8.68%	1.3%
10th	Iceland	8.98%	3.2%
11th	Denmark	9.39%	-1.8%
12th	Slovenia	9.88%	6.2%
13th	Netherlands	10.01%	1.8%
14th	New Zealand	10.06%	-0.7%
15th	Portugal	10.24%	2.1%
16th	Chile	10.53%	3.5%
17th	European Union	10.54%	5.4%
18th	United Kingdom	11.13%	1.3%
19th	Sweden	11.22%	0.6%
20th	Canada	11.31%	1.1%
21st	France	11.54%	0.1%
22nd	Austria	11.83%	6.1%
23rd	Germany	12.27%	4.4%

FAQ

What was Iceland's health spending in 2024?▾

Iceland's health spending in 2024 was 8.98%. This ranked 10th globally.

How did Iceland's health spending change in 2024?▾

Iceland's health spending increased by 3.2% in 2024 compared to 2023.

Which country had the highest health spending in 2024?▾

Germany had the highest health spending in 2024 at 12.27%.

What is the health spending of Iceland in 2024?▾

The health spending of Iceland in 2024 was 8.98%. This ranked 10th globally.

How does 2024 compare to 2023 for Iceland's health spending?▾

Iceland's health spending went from 8.71% in 2023 to 8.98% in 2024, a 3.2% increase.

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