Share of social benefits subject to taxes or social contributions by in Iceland

Iceland: Share of social benefits subject to taxes or social contributions by was 53.87 in 2023. ▲ Rising

Latest (2023)
53.87
Change on year
up 0.1%
World rank
15th
of 34 countries
All-time high
59.28
in 2020
All-time low
51.82
in 2010
Years of data
14
2010–2023

Share of social benefits subject to taxes or social contributions by in Iceland, 2010–2023

02040602010201620232010: 51.82011: 52.52012: 52.72013: 532014: 52.62015: 52.72016: 53.12017: 54.62018: 54.52019: 55.62020: 59.32021: 57.12022: 53.82023: 53.9

Source: Eurostat.

Analysis

In 2023, share of social benefits subject to taxes or social contributions by in Iceland stood at 53.87.

The figure is up 0.1% on the previous year and up 1.7% over ten years.

Over the whole period, share of social benefits subject to taxes or social contributions by in Iceland peaked at 59.28 in 2020 and was at its lowest, 51.82, in 2010.

That places Iceland 15th out of 34 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 14 years of available data.

Share of social benefits subject to taxes or social contributions by in Iceland, year by year

Annual values for Share of social benefits subject to taxes or social contributions by function in Iceland, 2010 to 2023.
Year Value Change
2010 51.82
2011 52.49 +1.3%
2012 52.66 +0.3%
2013 52.96 +0.6%
2014 52.57 -0.7%
2015 52.7 +0.2%
2016 53.11 +0.8%
2017 54.6 +2.8%
2018 54.52 -0.1%
2019 55.61 +2.0%
2020 59.28 +6.6%
2021 57.07 -3.7%
2022 53.84 -5.7%
2023 53.87 +0.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 53.3 51.82 55.61 10
2020s 56.02 53.84 59.28 4

Countries ranked near Iceland

  1. 12 Finland 54.37 compare
  2. 13 Latvia 54 compare
  3. 14 France 53.89 compare
  4. 16 Austria 53.17 compare
  5. 17 Bosnia and Herzegovina 52.44 compare
  6. 18 Estonia 52.24 compare

See the full ranking of 43 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is share of social benefits subject to taxes or social contributions by in Iceland?
Share of social benefits subject to taxes or social contributions by in Iceland was 53.87 in 2023, according to Eurostat.
What is the highest share of social benefits subject to taxes or social contributions by recorded in Iceland?
The highest recorded value was 59.28 in 2020.
What is the lowest share of social benefits subject to taxes or social contributions by recorded in Iceland?
The lowest recorded value was 51.82 in 2010.
How does Iceland rank for share of social benefits subject to taxes or social contributions by?
Iceland ranks 15th out of 34 countries with data for 2023.
Is share of social benefits subject to taxes or social contributions by rising or falling in Iceland?
Over the last ten years it is up 1.7%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Eurostat, published as part of Share of social benefits subject to taxes or social contributions by function. Statizoid updates them automatically from the source API.

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Share of social benefits subject to taxes or social contributions by in Iceland. Statizoid, drawing on Eurostat. Retrieved 30 August 2026, from https://reference.statizoid.com/stat/share-of-social-benefits-subject-to-taxes-or-social-contributions-by-function/iceland/

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About this data

Indicator
Share of social benefits subject to taxes or social contributions by function
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
43 places, 642 data points, 2007–2023
Last refreshed