Social contributions by type of contributors in Iceland
Iceland: Social contributions by type of contributors was 3,474 Million euro in 2024. ◆ Volatile
Social contributions by type of contributors in Iceland, 1990–2024
Source: Eurostat. Measured in Million euro.
Analysis
Iceland recorded 3,474 Million euro for social contributions by type of contributors in 2024. That is the highest value across all 35 years on record.
That represents a change of up 10.1% on the previous year and up 134.3% over ten years.
Over the whole period, social contributions by type of contributors in Iceland peaked at 3,474 Million euro in 2024 and was at its lowest, 303.52 Million euro, in 1990.
That places Iceland 42nd out of 45 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Social contributions by type of contributors in Iceland, year by year
| Year | Million euro | Change |
|---|---|---|
| 1990 | 303.52 Million euro | — |
| 1991 | 425.77 Million euro | +40.3% |
| 1992 | 437.93 Million euro | +2.9% |
| 1993 | 419.12 Million euro | -4.3% |
| 1994 | 405.83 Million euro | -3.2% |
| 1995 | 427.98 Million euro | +5.5% |
| 1996 | 481.34 Million euro | +12.5% |
| 1997 | 604.54 Million euro | +25.6% |
| 1998 | 766.94 Million euro | +26.9% |
| 1999 | 985.94 Million euro | +28.6% |
| 2000 | 1,091 Million euro | +10.7% |
| 2001 | 1,100 Million euro | +0.8% |
| 2002 | 1,193 Million euro | +8.5% |
| 2003 | 1,306 Million euro | +9.5% |
| 2004 | 1,329 Million euro | +1.8% |
| 2005 | 1,715 Million euro | +29.0% |
| 2006 | 1,709 Million euro | -0.3% |
| 2007 | 2,244 Million euro | +31.3% |
| 2008 | 1,188 Million euro | -47.1% |
| 2009 | 1,032 Million euro | -13.1% |
| 2010 | 1,141 Million euro | +10.5% |
| 2011 | 1,225 Million euro | +7.4% |
| 2012 | 1,261 Million euro | +2.9% |
| 2013 | 1,325 Million euro | +5.1% |
| 2014 | 1,483 Million euro | +11.9% |
| 2015 | 1,768 Million euro | +19.2% |
| 2016 | 2,055 Million euro | +16.3% |
| 2017 | 2,876 Million euro | +39.9% |
| 2018 | 2,802 Million euro | -2.6% |
| 2019 | 2,835 Million euro | +1.2% |
| 2020 | 2,880 Million euro | +1.6% |
| 2021 | 2,890 Million euro | +0.4% |
| 2022 | 3,060 Million euro | +5.9% |
| 2023 | 3,155 Million euro | +3.1% |
| 2024 | 3,474 Million euro | +10.1% |
Iceland compared with similar countries
- Iceland's 3,474 Million euro is below the median for Europe & Central Asia, which is 28,602 Million euro, 12% of the median. (34 countries reporting)
- Iceland's 3,474 Million euro is below the median for high income countries, which is 37,762 Million euro, 9% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Social contributions by type of contributors in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | -47.1% | 2,244 Million euro | 1,188 Million euro |
Averages by decade
| Decade | Average | Lowest | Highest | 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 | 3,092 Million euro | 2,880 Million euro | 3,474 Million euro | 5 |
Countries ranked near Iceland
- 40 Bosnia and Herzegovina 4,245 Million euro compare
- 41 Cyprus 3,619 Million euro compare
- 43 Albania 1,740 Million euro compare
- 44 Malta 737.87 Million euro compare
- 45 Montenegro 606.32 Million euro compare
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is social contributions by type of contributors in Iceland?
- Social contributions by type of contributors in Iceland was 3,474 Million euro in 2024, according to Eurostat.
- What is the highest social contributions by type of contributors recorded in Iceland?
- The highest recorded value was 3,474 Million euro in 2024.
- 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 42nd out of 45 countries with data for 2024.
- Is social contributions by type of contributors rising or falling in Iceland?
- Over the last ten years it is up 134.3%. 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.
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CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (Eurostat).