Health, Ratio of this level of government's expenditure on this item in Iceland
Iceland: Health, Ratio of this level of government's expenditure on this item was 1.01 in 2020. ▲ Rising
Health, Ratio of this level of government's expenditure on this item in Iceland, 1998–2020
Source: International Monetary Fund.
Analysis
In 2020, health, ratio of this level of government's expenditure on this item in Iceland stood at 1.01.
The figure is down 3.4% on the previous year and down 1.3% over ten years.
Over the whole period, health, ratio of this level of government's expenditure on this item in Iceland peaked at 1.04 in 2019 and was at its lowest, 0.9571, in 2004.
That places Iceland 2nd out of 60 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 23 years of available data.
Health, Ratio of this level of government's expenditure on this item in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1998 | 0.9859 | — |
| 1999 | 0.9932 | +0.7% |
| 2000 | 0.991 | -0.2% |
| 2001 | 0.975 | -1.6% |
| 2002 | 0.9819 | +0.7% |
| 2003 | 0.9832 | +0.1% |
| 2004 | 0.9571 | -2.7% |
| 2005 | 0.9919 | +3.6% |
| 2006 | 0.9791 | -1.3% |
| 2007 | 0.9829 | +0.4% |
| 2008 | 0.977 | -0.6% |
| 2009 | 1.02 | +4.6% |
| 2010 | 1.02 | -0.2% |
| 2011 | 1.01 | -0.5% |
| 2012 | 1.02 | +0.3% |
| 2013 | 1.02 | +0.7% |
| 2014 | 1.01 | -0.9% |
| 2015 | 1.01 | -0.5% |
| 2016 | 1.04 | +2.6% |
| 2017 | 1.03 | -0.7% |
| 2018 | 1.04 | +1.1% |
| 2019 | 1.04 | +0.2% |
| 2020 | 1.01 | -3.4% |
Iceland compared with similar countries
- Iceland's 1.01 is above the median for high income countries, which is 0.4416, 2.3× the median. (36 countries reporting)
- Iceland's 1.01 is above the median for Europe & Central Asia, which is 0.4692, 2.1× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.9896 | 0.9859 | 0.9932 | 2 |
| 2000s | 0.9841 | 0.9571 | 1.02 | 10 |
| 2010s | 1.02 | 1.01 | 1.04 | 10 |
| 2020s | 1.01 | 1.01 | 1.01 | 1 |
Countries ranked near Iceland
More public sector data for Iceland
- Military expenditure (current USD), per capita 0 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 0 current USD (2024)
- Military expenditure (current USD), per square kilometre 0 current USD per square kilometre (2023)
- Tax revenue 23.2% (2023)
- Capital stock, General government, Current prices, Domestic currency 1,595 (2019)
- Taxes on income, profits and capital gains 34.6% (2023)
- Capital stock, General government, Constant prices, Percent of GDP 51.25 (2019)
- Capital stock, General government, Constant prices, Purchasing power 10.26 (2019)
- Taxes on goods and services 35.2% (2023)
Frequently asked questions
- What is health, ratio of this level of government's expenditure on this item in Iceland?
- Health, ratio of this level of government's expenditure on this item in Iceland was 1.01 in 2020, according to International Monetary Fund.
- What is the highest health, ratio of this level of government's expenditure on this item recorded in Iceland?
- The highest recorded value was 1.04 in 2019.
- What is the lowest health, ratio of this level of government's expenditure on this item recorded in Iceland?
- The lowest recorded value was 0.9571 in 2004.
- How does Iceland rank for health, ratio of this level of government's expenditure on this item?
- Iceland ranks 2nd out of 60 countries with data for 2020.
- Is health, ratio of this level of government's expenditure on this item rising or falling in Iceland?
- Over the last ten years it is down 1.3%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund, published as part of Health, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.