Australia vs Iceland: Asset-backed pensions - main database — Employee contributions
Asset-backed pensions - main database — Employee contributions over time
- Australia
- Iceland
How they compare
Iceland currently reports 10.11 Percentage change against 9.04 Percentage change in Australia, a difference of 1.07 Percentage change.
That makes Iceland's figure about 1.1 times Australia's.
The two have swapped places 5 times across 11 shared years of data; in 2010 it was Australia ahead.
Australia ranks 14th and Iceland ranks 11th of 31 countries.
Australia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Australia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 4.34 Percentage change | 1.64 Percentage change | 2.7 Percentage change | Australia |
| 2020s | 13.5 Percentage change | 9.15 Percentage change | 4.35 Percentage change | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher asset-backed pensions - main database — employee contributions, Australia or Iceland?
- Iceland, at 10.11 Percentage change against 9.04 Percentage change in Australia as of 2024.
- What is the difference in asset-backed pensions - main database — employee contributions between Australia and Iceland?
- 1.07 Percentage change, with Iceland ahead.
- How many years of comparable data are there for Australia and Iceland?
- 11 years are reported by both, from 2010 to 2023.
- How do Australia and Iceland rank globally for asset-backed pensions - main database — employee contributions?
- Australia ranks 14th and Iceland ranks 11th of 31 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Asset-backed pensions - main database — Employee contributions. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This database on asset-backed pensions is based on data collected through the OECD Global Pension Statistics exercise. Data come from various administrative sources, mainly: pension supervisory authorities, financial market authorities, ministries of finance, or national statistical offices. Data cover all asset-backed pension arrangements where assets are accumulated to back future benefit payments, except reserves of public (pay-as-you-go) pension arrangements. Asset-backed pension plans may be financed through different vehicles (such as pension funds, pension insurance contracts, bank or investment company managed funds), publicly or privately administered, mandatory or voluntary, occupational or personal, defined benefit (DB) or defined contribution (DC), for public or private-sector workers. Employers’ book reserves are also in the scope. This database includes various statistics and indicators on asset-backed pensions such as the amount of assets earmarked for retirement, the liabilities of pension providers, their revenues, their expenditure, the number of funds and plans, as well as plan membership. These statistics and indicators can be split by type of financing vehicle and type of plan.