Iceland vs Israel: Social contributions
Social contributions over time
- Iceland
- Israel
How they compare
Iceland currently reports 131.61 billion current LCU against 106.28 billion current LCU in Israel, a difference of 25.33 billion current LCU.
That makes Iceland's figure about 1.2 times Israel's.
The two have swapped places 6 times across 50 shared years of data; in 1974 it was Iceland ahead.
Iceland ranks 40th and Israel ranks 43rd of 112 countries.
Across the 6 decades both report, Iceland averaged higher in 5 and Israel in 1.
Head to head by decade
| Decade | Iceland | Israel | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 49.02 million current LCU | 850,000 current LCU | 48.17 million current LCU | Iceland |
| 1980s | 1.24 billion current LCU | 1.03 billion current LCU | 216.04 million current LCU | Iceland |
| 1990s | 11.50 billion current LCU | 11.25 billion current LCU | 241.78 million current LCU | Iceland |
| 2000s | 31.81 billion current LCU | 40.13 billion current LCU | 8.32 billion current LCU | Israel |
| 2010s | 78.90 billion current LCU | 66.38 billion current LCU | 12.52 billion current LCU | Iceland |
| 2020s | 108.24 billion current LCU | 91.24 billion current LCU | 17.00 billion current LCU | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher social contributions, Iceland or Israel?
- Iceland, at 131.61 billion current LCU against 106.28 billion current LCU in Israel as of 2023.
- What is the difference in social contributions between Iceland and Israel?
- 25.33 billion current LCU, with Iceland ahead.
- How many years of comparable data are there for Iceland and Israel?
- 50 years are reported by both, from 1974 to 2023.
- How do Iceland and Israel rank globally for social contributions?
- Iceland ranks 40th and Israel ranks 43rd 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.
Individual pages
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.