Finland vs Iceland: Social spending as share of GDP
Finland
1.0%
in 2021
Iceland
1.0%
in 2021
Finland rank
8th
Iceland rank
9th
Social spending as share of GDP over time
- Finland
- Iceland
How they compare
Finland currently reports 1.0% against 1.0% in Iceland, a difference of 0.0%.
The two have swapped places 4 times across 32 shared years of data; in 1990 it was Finland ahead.
Finland ranks 8th and Iceland ranks 9th of 42 countries.
Finland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Finland | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.6% | 0.5% | 0.2% | Finland |
| 2000s | 0.5% | 0.5% | 0.1% | Finland |
| 2010s | 0.9% | 0.7% | 0.2% | Finland |
| 2020s | 1.0% | 0.9% | 0.0% | Finland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher social spending as share of gdp, Finland or Iceland?
- Finland, at 1.0% against 1.0% in Iceland as of 2021.
- What is the difference in social spending as share of gdp between Finland and Iceland?
- 0.0%, with Finland ahead.
- How many years of comparable data are there for Finland and Iceland?
- 32 years are reported by both, from 1990 to 2021.
- How do Finland and Iceland rank globally for social spending as share of gdp?
- Finland ranks 8th and Iceland ranks 9th of 42 countries.
- Where does this data come from?
- OECD (2025) β with minor processing by Our World in Data, published as Social spending as share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Public social expenditure divided by gross domestic product, expressed as a percentage. Includes both in-cash and in-kind benefits in other social policy programs.