Iceland vs Sweden: Aggregate replacement ratio for pensions (excluding other social)

Iceland
0.6
in 2020
Sweden
0.59
in 2025
Iceland rank
9th
Sweden rank
11th

Aggregate replacement ratio for pensions (excluding other social) over time

  • Iceland
  • Sweden
00.20.40.6201020172025

How they compare

Iceland currently reports 0.6 against 0.59 in Sweden, a difference of 0.01.

The two have swapped places 1 time across 11 shared years of data; in 2010 it was Sweden ahead.

Iceland ranks 9th and Sweden ranks 11th of 35 countries.

Across the 2 decades both report, Iceland averaged higher in 1 and Sweden in 1.

Head to head by decade

Decade Iceland Sweden Difference Ahead
2010s 0.543 0.587 0.044 Sweden
2020s 0.6 0.58 0.02 Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher aggregate replacement ratio for pensions (excluding other social), Iceland or Sweden?
Iceland, at 0.6 against 0.59 in Sweden as of 2020.
What is the difference in aggregate replacement ratio for pensions (excluding other social) between Iceland and Sweden?
0.01, with Iceland ahead.
How many years of comparable data are there for Iceland and Sweden?
11 years are reported by both, from 2010 to 2020.
How do Iceland and Sweden rank globally for aggregate replacement ratio for pensions (excluding other social)?
Iceland ranks 9th and Sweden ranks 11th of 35 countries.
Where does this data come from?
Eurostat, published as Aggregate replacement ratio for pensions (excluding other social benefits) by sex. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Sweden: Aggregate replacement ratio for pensions (excluding other social). Statizoid, drawing on Eurostat. Retrieved 28 August 2026, from https://reference.statizoid.com/compare/aggregate-replacement-ratio-for-pensions-excluding-other-social-benefits-by-sex/iceland/sweden/

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About this data

Indicator
Aggregate replacement ratio for pensions (excluding other social benefits) by sex
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
38 places, 574 data points, 2010–2025
Last refreshed