NAAG Chapter 6: Government — Social benefits and social transfers in in Iceland
Iceland: NAAG Chapter 6: Government — Social benefits and social transfers in was 9.47 Percentage of GDP in 2025. ▲ Rising
NAAG Chapter 6: Government — Social benefits and social transfers in in Iceland, 1998–2025
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Iceland recorded 9.47 Percentage of GDP for naag chapter 6: government — social benefits and social transfers in in 2025.
Compared with earlier readings it is up 1.6% on the previous year and up 20.6% over ten years.
Over the whole period, naag chapter 6: government — social benefits and social transfers in in Iceland peaked at 12.06 Percentage of GDP in 2020 and was at its lowest, 6.9 Percentage of GDP, in 2001.
Iceland ranks 27th of 31 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 28 years of available data.
NAAG Chapter 6: Government — Social benefits and social transfers in in Iceland, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 1998 | 7.01 Percentage of GDP | — |
| 1999 | 6.91 Percentage of GDP | -1.4% |
| 2000 | 6.96 Percentage of GDP | +0.7% |
| 2001 | 6.9 Percentage of GDP | -0.9% |
| 2002 | 7.62 Percentage of GDP | +10.4% |
| 2003 | 8.58 Percentage of GDP | +12.6% |
| 2004 | 8.24 Percentage of GDP | -4.0% |
| 2005 | 7.55 Percentage of GDP | -8.3% |
| 2006 | 7 Percentage of GDP | -7.3% |
| 2007 | 6.96 Percentage of GDP | -0.5% |
| 2008 | 7.39 Percentage of GDP | +6.2% |
| 2009 | 9.58 Percentage of GDP | +29.5% |
| 2010 | 9.07 Percentage of GDP | -5.3% |
| 2011 | 9.66 Percentage of GDP | +6.6% |
| 2012 | 9.06 Percentage of GDP | -6.3% |
| 2013 | 8.54 Percentage of GDP | -5.8% |
| 2014 | 8.43 Percentage of GDP | -1.2% |
| 2015 | 7.85 Percentage of GDP | -6.9% |
| 2016 | 7.56 Percentage of GDP | -3.7% |
| 2017 | 8.21 Percentage of GDP | +8.6% |
| 2018 | 8.37 Percentage of GDP | +1.9% |
| 2019 | 9.2 Percentage of GDP | +10.0% |
| 2020 | 12.06 Percentage of GDP | +31.1% |
| 2021 | 11.4 Percentage of GDP | -5.5% |
| 2022 | 9.16 Percentage of GDP | -19.7% |
| 2023 | 8.71 Percentage of GDP | -4.9% |
| 2024 | 9.32 Percentage of GDP | +7.0% |
| 2025 | 9.47 Percentage of GDP | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.96 Percentage of GDP | 6.91 Percentage of GDP | 7.01 Percentage of GDP | 2 |
| 2000s | 7.68 Percentage of GDP | 6.9 Percentage of GDP | 9.58 Percentage of GDP | 10 |
| 2010s | 8.59 Percentage of GDP | 7.56 Percentage of GDP | 9.66 Percentage of GDP | 10 |
| 2020s | 10.02 Percentage of GDP | 8.71 Percentage of GDP | 12.06 Percentage of GDP | 6 |
Countries ranked near Iceland
- 24 Russian Federation 11.04 Percentage of GDP compare
- 25 Switzerland 10.67 Percentage of GDP compare
- 26 Israel 10.12 Percentage of GDP compare
- 28 Ireland 7.28 Percentage of GDP compare
- 29 Costa Rica 5.86 Percentage of GDP compare
- 30 Mexico 4.18 Percentage of GDP compare
More population data for Iceland
- Population regions with projections, annual growth rate -0.4984 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -5.08 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.4984 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.2688 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 408.78 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.4806 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.6617 % change on previous year (2100)
- World population growth -0.5% (2100)
- Population density 3.6 people per km² (2100)
- Number of children under 5, by world region 13,661 people (2100)
Frequently asked questions
- What is naag chapter 6: government — social benefits and social transfers in in Iceland?
- Naag chapter 6: government — social benefits and social transfers in in Iceland was 9.47 Percentage of GDP in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest naag chapter 6: government — social benefits and social transfers in recorded in Iceland?
- The highest recorded value was 12.06 Percentage of GDP in 2020.
- What is the lowest naag chapter 6: government — social benefits and social transfers in recorded in Iceland?
- The lowest recorded value was 6.9 Percentage of GDP in 2001.
- How does Iceland rank for naag chapter 6: government — social benefits and social transfers in?
- Iceland ranks 27th out of 31 countries with data for 2025.
- Is naag chapter 6: government — social benefits and social transfers in rising or falling in Iceland?
- Over the last ten years it is up 20.6%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of NAAG Chapter 6: Government — Social benefits and social transfers in kind for products supplied to households via market producers, paid by general government. Statizoid updates them automatically from the source API.
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About this data
The National Accounts at a Glance (NAAG) is based on the original publication and has nine chapters: The first chapter focuses on indicators of Gross Domestic Product (GDP). The second is about income and related indicators and presents measures of net national income, savings and net lending/net borrowing. The third chapter looks at the expenditure approach to GDP, with information on the key components of demand and imports. The fourth chapter presents indicators from a production perspective. The fifth chapter looks at household sector indicators such as household disposable income, saving and net worth. The sixth chapter focuses on general government, presenting indicators such as general government revenue, expenditure and gross debt. The seventh chapter looks at financial and non-financial corporations. The eighth chapter presents indicators of capital stock and depreciation. Finally, chapter 9 provides reference indicators, important in their own right but also because they are used in the construction of many of the indicators presented elsewhere in NAAG.