Expenditure on unemployment
Characteristics of the Nordic countries
Unemployment benefits are the largest expenditure item within the unemployment function among all countries except from Sweden. In Sweden, cash benefits payable during vocational training is the largest cash benefit.
All countries except Faroe Islands have expenditures for benefits in kind, where vocational training is one of the largest expenditures.
Expenditures for unemployment in relation to GDP has varied in all Nordic countries since year 2000. The expenditures increased quickly due to the financial crisis in 2009. From 2010 onwards, expenditures have decreased in most Nordic countries.