Share of employee compensation in public spending in Iceland
Iceland: Share of employee compensation in public spending was 23.85 in 2023. ▼ Falling
Latest (2023)
23.85
Change on year
down 4.2%
World rank
82nd
of 155 countries
All-time high
35.32
in 1987
All-time low
15.78
in 2008
Years of data
47
1972–2023
Share of employee compensation in public spending in Iceland, 1972–2023
Source: Our World in Data.
Analysis
The most recent figure for share of employee compensation in public spending in Iceland is 23.85, measured in 2023.
The figure is down 4.2% on the previous year and up 8.7% over ten years.
Over the whole period, share of employee compensation in public spending in Iceland peaked at 35.32 in 1987 and was at its lowest, 15.78, in 2008.
Iceland ranks 82nd of 155 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 47 years of available data.
Share of employee compensation in public spending in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1972 | 26.67 | — |
| 1973 | 26.8 | +0.5% |
| 1974 | 25.66 | -4.3% |
| 1975 | 24.46 | -4.7% |
| 1976 | 26.67 | +9.0% |
| 1977 | 28.61 | +7.3% |
| 1978 | 29.24 | +2.2% |
| 1979 | 27.82 | -4.8% |
| 1980 | 29.43 | +5.8% |
| 1981 | 28.83 | -2.0% |
| 1987 | 35.32 | +22.5% |
| 1988 | 34.03 | -3.7% |
| 1989 | 27.44 | -19.4% |
| 1990 | 29.64 | +8.0% |
| 1991 | 29.97 | +1.1% |
| 1992 | 29.75 | -0.7% |
| 1993 | 30.99 | +4.2% |
| 1994 | 30.09 | -2.9% |
| 1995 | 31.1 | +3.4% |
| 1996 | 30.5 | -1.9% |
| 1997 | 30.46 | -0.1% |
| 1998 | 30.88 | +1.4% |
| 1999 | 29.58 | -4.2% |
| 2000 | 29.2 | -1.3% |
| 2001 | 29.76 | +1.9% |
| 2002 | 31.27 | +5.1% |
| 2003 | 31.15 | -0.4% |
| 2004 | 31.36 | +0.7% |
| 2005 | 27.36 | -12.8% |
| 2006 | 26.62 | -2.7% |
| 2007 | 25.53 | -4.1% |
| 2008 | 15.78 | -38.2% |
| 2009 | 19.03 | +20.6% |
| 2010 | 20.52 | +7.8% |
| 2011 | 19.54 | -4.8% |
| 2012 | 20.6 | +5.5% |
| 2013 | 21.95 | +6.5% |
| 2014 | 22.15 | +0.9% |
| 2015 | 23.59 | +6.5% |
| 2016 | 21.65 | -8.2% |
| 2017 | 25.78 | +19.0% |
| 2018 | 26.2 | +1.7% |
| 2019 | 26.35 | +0.6% |
| 2020 | 24.24 | -8.0% |
| 2021 | 24.48 | +1.0% |
| 2022 | 24.9 | +1.7% |
| 2023 | 23.85 | -4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 26.99 | 24.46 | 29.24 | 8 |
| 1980s | 31.01 | 27.44 | 35.32 | 5 |
| 1990s | 30.29 | 29.58 | 31.1 | 10 |
| 2000s | 26.71 | 15.78 | 31.36 | 10 |
| 2010s | 22.83 | 19.54 | 26.35 | 10 |
| 2020s | 24.37 | 23.85 | 24.9 | 4 |
Countries ranked near Iceland
- 79 Tajikistan 24.83 compare
- 80 Barbados 24.7 compare
- 81 Kuwait 24.23 compare
- 83 San Marino 23.46 compare
- 84 Côte d'Ivoire 23.34 compare
- 85 Thailand 22.6 compare
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 share of employee compensation in public spending in Iceland?
- Share of employee compensation in public spending in Iceland was 23.85 in 2023, according to Our World in Data.
- What is the highest share of employee compensation in public spending recorded in Iceland?
- The highest recorded value was 35.32 in 1987.
- What is the lowest share of employee compensation in public spending recorded in Iceland?
- The lowest recorded value was 15.78 in 2008.
- How does Iceland rank for share of employee compensation in public spending?
- Iceland ranks 82nd out of 155 countries with data for 2023.
- Is share of employee compensation in public spending rising or falling in Iceland?
- Over the last ten years it is up 8.7%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from Our World in Data, published as part of Share of employee compensation in public spending. Statizoid updates them automatically from the source API.
Download this data
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