Total healthcare spending as a share of GDP in Iceland

Iceland: Total healthcare spending as a share of GDP was 8.7% in 2023. ▬ Flat

Latest (2023)
8.7%
Change on year
down 4.1%
World rank
50th
of 195 countries
All-time high
9.7%
in 2003
All-time low
8.1%
in 2015
Years of data
24
2000–2023

Total healthcare spending as a share of GDP in Iceland, 2000–2023

02468102000201120232000: 8.9 %2001: 8.8 %2002: 9.4 %2003: 9.7 %2004: 9.3 %2005: 8.9 %2006: 8.6 %2007: 8.4 %2008: 8.3 %2009: 8.8 %2010: 8.4 %2011: 8.3 %2012: 8.2 %2013: 8.2 %2014: 8.3 %2015: 8.1 %2016: 8.2 %2017: 8.3 %2018: 8.4 %2019: 8.6 %2020: 9.6 %2021: 9.7 %2022: 9.1 %2023: 8.7 %

Source: World Health Organization - Global Health Observatory (2026) – with minor processing by Our World in Data. Measured in %.

Analysis

Iceland recorded 8.7% for total healthcare spending as a share of gdp in 2023.

The figure is down 4.1% on the previous year and up 5.8% over ten years.

Over the whole period, total healthcare spending as a share of gdp in Iceland peaked at 9.7% in 2003 and was at its lowest, 8.1%, in 2015.

That places Iceland 50th out of 195 countries with data for 2023, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 8.9% 8.3% 9.7% 10
2010s 8.3% 8.1% 8.6% 10
2020s 9.3% 8.7% 9.7% 4

Countries ranked near Iceland

  1. 47 South Africa 8.9% compare
  2. 48 Malta 8.8% compare
  3. 49 Guinea-Bissau 8.8% compare
  4. 51 South Korea 8.6% compare
  5. 52 Mozambique 8.5% compare
  6. 53 Czechia 8.4% compare

See the full ranking of 195 places →

More health data for Iceland

All data for Iceland →

Frequently asked questions

What is total healthcare spending as a share of gdp in Iceland?
Total healthcare spending as a share of gdp in Iceland was 8.7% in 2023, according to World Health Organization - Global Health Observatory (2026) – with minor processing by Our World in Data.
What is the highest total healthcare spending as a share of gdp recorded in Iceland?
The highest recorded value was 9.7% in 2003.
What is the lowest total healthcare spending as a share of gdp recorded in Iceland?
The lowest recorded value was 8.1% in 2015.
How does Iceland rank for total healthcare spending as a share of gdp?
Iceland ranks 50th out of 195 countries with data for 2023.
Is total healthcare spending as a share of gdp rising or falling in Iceland?
Over the last ten years it is up 5.8%. The long-run trend across the full record is flat.
Where does this Iceland data come from?
The figures come from World Health Organization - Global Health Observatory (2026) – with minor processing by Our World in Data, published as part of Total healthcare spending as a share of GDP. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Total healthcare spending as a share of GDP
Unit
%
Source
World Health Organization - Global Health Observatory (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
195 places, 4,588 data points, 2000–2023
Last refreshed

Total healthcare expenditure as the share of national gross domestic product (GDP).