Social contributions by type of contributors in Iceland

Iceland: Social contributions by type of contributors was 3,155 Million euro in 2023. ◆ Volatile

Latest (2023)
3,155 Million euro
Change on year
up 3.1%
World rank
33rd
of 36 countries
All-time high
3,155 Million euro
in 2023
All-time low
303.52 Million euro
in 1990
Years of data
34
1990–2023

Social contributions by type of contributors in Iceland, 1990–2023

01.0k2.0k3.0k1990200620231990: 303.5 Million euro1991: 425.8 Million euro1992: 437.9 Million euro1993: 419.1 Million euro1994: 405.8 Million euro1995: 428 Million euro1996: 481.3 Million euro1997: 604.5 Million euro1998: 766.9 Million euro1999: 985.9 Million euro2000: 1.1k Million euro2001: 1.1k Million euro2002: 1.2k Million euro2003: 1.3k Million euro2004: 1.3k Million euro2005: 1.7k Million euro2006: 1.7k Million euro2007: 2.2k Million euro2008: 1.2k Million euro2009: 1.0k Million euro2010: 1.1k Million euro2011: 1.2k Million euro2012: 1.3k Million euro2013: 1.3k Million euro2014: 1.5k Million euro2015: 1.8k Million euro2016: 2.1k Million euro2017: 2.9k Million euro2018: 2.8k Million euro2019: 2.8k Million euro2020: 2.9k Million euro2021: 2.9k Million euro2022: 3.1k Million euro2023: 3.2k Million euro

Source: Eurostat. Measured in Million euro.

Analysis

Iceland recorded 3,155 Million euro for social contributions by type of contributors in 2023. That is the highest value across all 34 years on record.

That represents a change of up 3.1% on the previous year and up 138.1% over ten years.

Over the whole period, social contributions by type of contributors in Iceland peaked at 3,155 Million euro in 2023 and was at its lowest, 303.52 Million euro, in 1990.

That places Iceland 33rd out of 36 countries with data for 2023, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 525.89 Million euro 303.52 Million euro 985.94 Million euro 10
2000s 1,391 Million euro 1,032 Million euro 2,244 Million euro 10
2010s 1,877 Million euro 1,141 Million euro 2,876 Million euro 10
2020s 2,996 Million euro 2,880 Million euro 3,155 Million euro 4

Countries ranked near Iceland

  1. 30 Latvia 4,430 Million euro compare
  2. 31 Bosnia and Herzegovina 3,859 Million euro compare
  3. 32 Cyprus 3,619 Million euro compare
  4. 34 Albania 1,430 Million euro compare
  5. 35 Malta 737.87 Million euro compare
  6. 36 Montenegro 585.86 Million euro compare

See the full ranking of 45 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is social contributions by type of contributors in Iceland?
Social contributions by type of contributors in Iceland was 3,155 Million euro in 2023, according to Eurostat.
What is the highest social contributions by type of contributors recorded in Iceland?
The highest recorded value was 3,155 Million euro in 2023.
What is the lowest social contributions by type of contributors recorded in Iceland?
The lowest recorded value was 303.52 Million euro in 1990.
How does Iceland rank for social contributions by type of contributors?
Iceland ranks 33rd out of 36 countries with data for 2023.
Is social contributions by type of contributors rising or falling in Iceland?
Over the last ten years it is up 138.1%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from Eurostat, published as part of Social contributions by type of contributors. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (Eurostat).

About this data

Indicator
Social contributions by type of contributors
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
45 places, 1,186 data points, 1990–2024
Last refreshed