Iceland vs Korea: Public expenditure on disability and sickness cash benefits in % GDP
Public expenditure on disability and sickness cash benefits in % GDP over time
- Iceland
- Korea
How they compare
Iceland currently reports 3.36 Percentage of GDP against 0.888 Percentage of GDP in Korea, a difference of 2.47 Percentage of GDP.
That makes Iceland's figure about 3.8 times Korea's.
Across all 32 years both countries report, Iceland has been ahead every year.
Iceland ranks 4th and Korea ranks 3rd of 33 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.66 Percentage of GDP | 0.2916 Percentage of GDP | 1.37 Percentage of GDP | Iceland |
| 2000s | 2.37 Percentage of GDP | 0.4586 Percentage of GDP | 1.91 Percentage of GDP | Iceland |
| 2010s | 2.74 Percentage of GDP | 0.5434 Percentage of GDP | 2.2 Percentage of GDP | Iceland |
| 2020s | 3.44 Percentage of GDP | 0.8775 Percentage of GDP | 2.56 Percentage of GDP | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher public expenditure on disability and sickness cash benefits in % gdp, Iceland or Korea?
- Iceland, at 3.36 Percentage of GDP against 0.888 Percentage of GDP in Korea as of 2021.
- What is the difference in public expenditure on disability and sickness cash benefits in % gdp between Iceland and Korea?
- 2.47 Percentage of GDP, with Iceland ahead.
- How many years of comparable data are there for Iceland and Korea?
- 32 years are reported by both, from 1990 to 2021.
- How do Iceland and Korea rank globally for public expenditure on disability and sickness cash benefits in % gdp?
- Iceland ranks 4th and Korea ranks 3rd of 33 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Public expenditure on disability and sickness cash benefits in % GDP — Social expenditure. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The OECD Social Expenditure Database (SOCX) has been developed in order to serve a growing need for indicators of social policy. It includes reliable and internationally comparable statistics on public and mandatory and voluntary private social expenditure at programme level. SOCX provides a unique tool for monitoring trends in aggregate social expenditure and analysing changes in its composition. It covers 38 OECD countries and some accession countries for the period 1980-2021/23 and estimates for aggregates for 2022-24. A Social Expenditure Update can be found under www.oecd.org/en/data/datasets/social-expenditure-database-socx.htm. The main social policy areas are as follows: Old age, Survivors, Incapacity-related benefits, Health, Family, Active labor market programmes, Unemployment, Housing, and Other social policy areas. This version also includes estimates of net total social spending for 2021 for 38 OECD countries. SOCX aggregated data as well as sources and methodology are described in The OECD SOCX Manual – 2019 edition- A guide to the OECD Social Expenditure Database.