Albania vs Iceland: Social contributions
Social contributions over time
- Albania
- Iceland
How they compare
Albania currently reports 158.91 billion current LCU against 131.61 billion current LCU in Iceland, a difference of 27.30 billion current LCU.
That makes Albania's figure about 1.2 times Iceland's.
The two have swapped places 3 times across 20 shared years of data; in 1995 it was Iceland ahead.
Albania ranks 37th and Iceland ranks 40th of 112 countries.
Across the 4 decades both report, Albania averaged higher in 2 and Iceland in 2.
Head to head by decade
| Decade | Albania | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 9.71 billion current LCU | 13.75 billion current LCU | 4.04 billion current LCU | Iceland |
| 2000s | 28.47 billion current LCU | 25.94 billion current LCU | 2.53 billion current LCU | Albania |
| 2010s | 72.61 billion current LCU | 80.60 billion current LCU | 7.99 billion current LCU | Iceland |
| 2020s | 116.68 billion current LCU | 108.24 billion current LCU | 8.44 billion current LCU | Albania |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher social contributions, Albania or Iceland?
- Albania, at 158.91 billion current LCU against 131.61 billion current LCU in Iceland as of 2024.
- What is the difference in social contributions between Albania and Iceland?
- 27.30 billion current LCU, with Albania ahead.
- How many years of comparable data are there for Albania and Iceland?
- 20 years are reported by both, from 1995 to 2023.
- How do Albania and Iceland rank globally for social contributions?
- Albania ranks 37th and Iceland ranks 40th of 112 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Social contributions (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.