Iceland: Health spending as percent of GDP, 2000 - 2019:
For that indicator, we provide data for Iceland from 2000 to 2019. The average value for Iceland during that period was 8.6 percent with a minimum of 8.07 percent in 2015 and a maximum of 9.73 percent in 2003.
The latest value from 2019 is 8.64 percent. For comparison, the world average in 2019 based on 181
countries is 6.52 percent.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Definition: Level of current health expenditure expressed as a percentage of GDP. Estimates of current health expenditures include healthcare goods and services consumed during each year. This indicator does not include capital health expenditures such as buildings, machinery, IT and stocks of vaccines for emergency or outbreaks.