Iceland vs Romania: Public and private social expenditure
Public and private social expenditure over time
- Iceland
- Romania
How they compare
Iceland currently reports 19.21 Percentage of GDP against 17.57 Percentage of GDP in Romania, a difference of 1.64 Percentage of GDP.
That makes Iceland's figure about 1.1 times Romania's.
Across all 19 years both countries report, Iceland has been ahead every year.
Iceland ranks 22nd and Romania ranks 24th of 33 countries.
Iceland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Iceland | Romania | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 16.33 Percentage of GDP | 13.18 Percentage of GDP | 3.15 Percentage of GDP | Iceland |
| 2010s | 17.62 Percentage of GDP | 15.41 Percentage of GDP | 2.21 Percentage of GDP | Iceland |
| 2020s | 22.88 Percentage of GDP | 17.59 Percentage of GDP | 5.29 Percentage of GDP | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher public and private social expenditure, Iceland or Romania?
- Iceland, at 19.21 Percentage of GDP against 17.57 Percentage of GDP in Romania as of 2024.
- What is the difference in public and private social expenditure between Iceland and Romania?
- 1.64 Percentage of GDP, with Iceland ahead.
- How many years of comparable data are there for Iceland and Romania?
- 19 years are reported by both, from 2003 to 2021.
- How do Iceland and Romania rank globally for public and private social expenditure?
- Iceland ranks 22nd and Romania ranks 24th of 33 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Public and private social expenditure. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The OECD Social Expenditure Database (SOCX) has been developed in order to serve a growing need for indicators of social policy. It includes reliable and internationally comparable statistics on public and mandatory and voluntary private social expenditure at programme level. SOCX provides a unique tool for monitoring trends in aggregate social expenditure and analysing changes in its composition. It covers 38 OECD countries and some accession countries for the period 1980-2021/23 and estimates for aggregates for 2022-24. A Social Expenditure Update can be found under www.oecd.org/en/data/datasets/social-expenditure-database-socx.htm. The main social policy areas are as follows: Old age, Survivors, Incapacity-related benefits, Health, Family, Active labor market programmes, Unemployment, Housing, and Other social policy areas. This version also includes estimates of net total social spending for 2021 for 38 OECD countries. SOCX aggregated data as well as sources and methodology are described in The OECD SOCX Manual – 2019 edition- A guide to the OECD Social Expenditure Database.