Iceland Social Security Rate For Employees  2000-2017 | Data | Chart

The Social Security Rate For Employees in Iceland stands at 4 percent. Social Security Rate For Employees in Iceland averaged 7.18 percent from 2000 until 2016, reaching an all time high of 8.00 percent in 2001 and a record low of 4.00 percent in 2015.

Iceland Social Security Rate For Employees
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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 46.20 46.90 35.70 percent [+]
Sales Tax Rate 24.00 24.00 25.50 24.00 percent [+]
Social Security Rate 11.35 11.49 16.65 11.35 percent [+]
Social Security Rate For Companies 7.35 7.49 8.65 5.23 percent [+]
Social Security Rate For Employees 4.00 4.00 8.00 4.00 percent [+]


Iceland Social Security Rate For Employees

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 For Employees 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 For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Social Security Rate For Employees - actual data, historical chart and calendar of releases - was last updated on November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
4.00 4.00 8.00 4.00 2000 - 2016 percent Yearly




social security rate for employees by Country
Country Last
Netherlands 28.15 Dec/16
Germany 20.43 Dec/16
Turkey 15.00 Dec/16
Japan 14.40 Dec/16
France 14.20 Dec/16
India 12.00 Dec/16
United Kingdom 12.00 Dec/16
Brazil 11.00 Dec/16
China 11.00 Dec/16
Italy 9.49 Dec/16
South Korea 8.40 Dec/15
United States 7.65 Dec/16
Canada 6.83 Dec/16
Spain 6.35 Dec/16
Switzerland 6.23 Dec/17
Indonesia 4.00 Dec/16
Australia 2.00 Dec/16
Mexico 1.65 Dec/15
Russia 0.00 Dec/17