Iceland - Public Pension Spending

Since 2014, Iceland Public Pension Spending increased 4.3points year on year. With 2.59 Percent of GDP in 2019, the country was ranked number 38 comparing other countries in Public Pension Spending. Greece topped the ranking with 16.37 Percent of GDP in 2019, an increase of 1.2points compared to 2018. Italy, France and Portugal respectively ranked number 2, 3 and 4 in this ranking. Mexico recorded the best 5 years average growth at +7points per year, while Ireland was the worst growing country at -4.3points per year.

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Date Percent of GDP
2019 2.59
2018 2.53
2017 2.64
2016 2.11
2015 2.02
Download all data from 1990 to 2019

How does Iceland rank in Public Pension Spending?

# 38 Countries Percent of GDP Last YoY 5‑years CAGR
1 #1
Greece
16.36 % 2019 +1.2 % -0.1 % View data
2 #2
Italy
15.94 % 2019 +0.5 % -0.3 % View data
37 #37
Chile
2.81 % 2019 +1.1 % -0.9 % View data
38 #38
Iceland
2.59 % 2019 +2.1 % +4.3 % View data
Compare all 38 countries

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