Iceland Social Security Rate  2000-2018 | Data | Chart | Calendar

The Social Security Rate in Iceland stands at 10.84 percent. Social Security Rate in Iceland averaged 13.39 percent from 2000 until 2018, reaching an all time high of 16.65 percent in 2010 and a record low of 10.84 percent in 2017.

Iceland Social Security Rate
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Iceland Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 20.00 20.00 33.00 15.00 percent [+]
Personal Income Tax Rate 46.30 46.30 46.90 35.70 percent [+]
Sales Tax Rate 24.00 24.00 25.50 24.00 percent [+]
Social Security Rate 10.84 10.84 16.65 10.84 percent [+]
Social Security Rate For Companies 6.84 6.84 8.65 5.23 percent [+]
Social Security Rate For Employees 4.00 4.00 8.00 4.00 percent [+]

Iceland Social Security Rate

In Iceland, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Iceland because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Iceland Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Social Security Rate - actual data, historical chart and calendar of releases - was last updated on March of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
10.84 10.84 16.65 10.84 2000 - 2018 percent Yearly

social security rate by Country
Country Last
France 59.20 Dec/18
China 48.00 Dec/18
Russia 47.50 Dec/18
Netherlands 46.34 Dec/18
Italy 42.57 Dec/18
Germany 40.21 Dec/18
Brazil 39.80 Dec/18
Turkey 37.50 Dec/18
Spain 36.25 Dec/18
Japan 29.20 Dec/18
United Kingdom 25.80 Dec/18
India 24.00 Dec/18
South Korea 18.81 Dec/18
Canada 13.81 Dec/18
Switzerland 12.46 Dec/18
United States 12.40 Dec/18
Australia 11.50 Dec/18
Indonesia 9.74 Dec/18
Mexico 9.23 Dec/18