Chile vs Iceland: Public expenditure on old-age and survivors cash benefits in % GDP
Public expenditure on old-age and survivors cash benefits in % GDP over time
- Chile
- Iceland
How they compare
Chile currently reports 3.7 Percentage of GDP against 2.9 Percentage of GDP in Iceland, a difference of 0.8 Percentage of GDP.
That makes Chile's figure about 1.3 times Iceland's.
The two have swapped places 2 times across 32 shared years of data; in 1990 it was Chile ahead.
Chile ranks 29th and Iceland ranks 32nd of 33 countries.
Chile has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Chile | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7.29 Percentage of GDP | 2.27 Percentage of GDP | 5.01 Percentage of GDP | Chile |
| 2000s | 3.91 Percentage of GDP | 1.91 Percentage of GDP | 2 Percentage of GDP | Chile |
| 2010s | 2.99 Percentage of GDP | 2.17 Percentage of GDP | 0.818 Percentage of GDP | Chile |
| 2020s | 3.1 Percentage of GDP | 2.97 Percentage of GDP | 0.135 Percentage of GDP | Chile |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher public expenditure on old-age and survivors cash benefits in % gdp, Chile or Iceland?
- Chile, at 3.7 Percentage of GDP against 2.9 Percentage of GDP in Iceland as of 2023.
- What is the difference in public expenditure on old-age and survivors cash benefits in % gdp between Chile and Iceland?
- 0.8 Percentage of GDP, with Chile ahead.
- How many years of comparable data are there for Chile and Iceland?
- 32 years are reported by both, from 1990 to 2021.
- How do Chile and Iceland rank globally for public expenditure on old-age and survivors cash benefits in % gdp?
- Chile ranks 29th and Iceland ranks 32nd of 33 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Public expenditure on old-age and survivors 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.