Expenditure on unemployment function by type of benefit and in Iceland
Iceland: Expenditure on unemployment function by type of benefit and was 190 in 2023. ◆ Volatile
Latest (2023)
190
Change on year
down 27.1%
World rank
29th
of 35 countries
All-time high
532.04
in 2020
All-time low
13.9
in 1991
Years of data
34
1990–2023
Expenditure on unemployment function by type of benefit and in Iceland, 1990–2023
Source: Eurostat.
Analysis
In 2023, expenditure on unemployment function by type of benefit and in Iceland stood at 190.
That represents a change of down 27.1% on the previous year and up 72.6% over ten years.
Over the whole period, expenditure on unemployment function by type of benefit and in Iceland peaked at 532.04 in 2020 and was at its lowest, 13.9, in 1991.
That places Iceland 29th out of 35 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Expenditure on unemployment function by type of benefit and in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 15.98 | — |
| 1991 | 13.9 | -13.0% |
| 1992 | 25.81 | +85.7% |
| 1993 | 36.78 | +42.5% |
| 1994 | 40.29 | +9.5% |
| 1995 | 43.16 | +7.1% |
| 1996 | 38.13 | -11.7% |
| 1997 | 37.95 | -0.5% |
| 1998 | 34.67 | -8.6% |
| 1999 | 27.98 | -19.3% |
| 2000 | 23.82 | -14.9% |
| 2001 | 25.01 | +5.0% |
| 2002 | 40.39 | +61.5% |
| 2003 | 54.61 | +35.2% |
| 2004 | 58.43 | +7.0% |
| 2005 | 51.31 | -12.2% |
| 2006 | 38.44 | -25.1% |
| 2007 | 35.39 | -7.9% |
| 2008 | 37.8 | +6.8% |
| 2009 | 148.8 | +293.7% |
| 2010 | 156.3 | +5.0% |
| 2011 | 157.24 | +0.6% |
| 2012 | 142.99 | -9.1% |
| 2013 | 110.07 | -23.0% |
| 2014 | 95.17 | -13.5% |
| 2015 | 83.95 | -11.8% |
| 2016 | 80.14 | -4.5% |
| 2017 | 106 | +32.3% |
| 2018 | 118.94 | +12.2% |
| 2019 | 184.2 | +54.9% |
| 2020 | 532.04 | +188.8% |
| 2021 | 531.83 | -0.0% |
| 2022 | 260.69 | -51.0% |
| 2023 | 190 | -27.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 31.46 | 13.9 | 43.16 | 10 |
| 2000s | 51.4 | 23.82 | 148.8 | 10 |
| 2010s | 123.5 | 80.14 | 184.2 | 10 |
| 2020s | 378.64 | 190 | 532.04 | 4 |
Countries ranked near Iceland
More work & labour data for Iceland
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.4964 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.4501 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.5492 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.37 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.2312 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 373.77 1000 No (2050)
- Population - Est. & Proj. — Rural population 16.3 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 169.5 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 193.08 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 362.58 1000 No (2100)
Frequently asked questions
- What is expenditure on unemployment function by type of benefit and in Iceland?
- Expenditure on unemployment function by type of benefit and in Iceland was 190 in 2023, according to Eurostat.
- What is the highest expenditure on unemployment function by type of benefit and recorded in Iceland?
- The highest recorded value was 532.04 in 2020.
- What is the lowest expenditure on unemployment function by type of benefit and recorded in Iceland?
- The lowest recorded value was 13.9 in 1991.
- How does Iceland rank for expenditure on unemployment function by type of benefit and?
- Iceland ranks 29th out of 35 countries with data for 2023.
- Is expenditure on unemployment function by type of benefit and rising or falling in Iceland?
- Over the last ten years it is up 72.6%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of Expenditure on unemployment function by type of benefit and means-testing. Statizoid updates them automatically from the source API.
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