Iceland vs Serbia: Paying taxes: Labor tax and contributions
Iceland
20.6%
in 2019
Serbia
20.2%
in 2019
Iceland rank
55th
Serbia rank
58th
Paying taxes: Labor tax and contributions over time
- Iceland
- Serbia
How they compare
Iceland currently reports 20.6% against 20.2% in Serbia, a difference of 0.4%.
The two have swapped places 1 time across 15 shared years of data; in 2005 it was Serbia ahead.
Iceland ranks 55th and Serbia ranks 58th of 190 countries.
Serbia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Serbia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 13.3% | 20.2% | 6.9% | Serbia |
| 2010s | 18.6% | 20.2% | 1.6% | Serbia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: labor tax and contributions, Iceland or Serbia?
- Iceland, at 20.6% against 20.2% in Serbia as of 2019.
- What is the difference in paying taxes: labor tax and contributions between Iceland and Serbia?
- 0.4%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Serbia?
- 15 years are reported by both, from 2005 to 2019.
- How do Iceland and Serbia rank globally for paying taxes: labor tax and contributions?
- Iceland ranks 55th and Serbia ranks 58th of 190 countries.
- Where does this data come from?
- The World Bank, published as Paying taxes: Labor tax and contributions (% of profits). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The labor tax and contributions measures all government mandated labor contributions that are borne by the business in the second year of operation, expressed as a share of commercial pro?t.