Iceland vs Peru: Social contributions
Iceland
9.5%
in 2023
Peru
9.7%
in 2021
Iceland rank
65th
Peru rank
64th
Social contributions over time
- Iceland
- Peru
How they compare
Peru currently reports 9.7% against 9.5% in Iceland, a difference of 0.2%.
The two have swapped places 5 times across 32 shared years of data; in 1990 it was Peru ahead.
Iceland ranks 65th and Peru ranks 64th of 112 countries.
Peru has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Peru | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7.8% | 10.4% | 2.6% | Peru |
| 2000s | 8.4% | 9.3% | 0.9% | Peru |
| 2010s | 10.2% | 10.6% | 0.4% | Peru |
| 2020s | 10.2% | 10.9% | 0.7% | Peru |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher social contributions, Iceland or Peru?
- Peru, at 9.7% against 9.5% in Iceland as of 2021.
- What is the difference in social contributions between Iceland and Peru?
- 0.2%, with Peru ahead.
- How many years of comparable data are there for Iceland and Peru?
- 32 years are reported by both, from 1990 to 2021.
- How do Iceland and Peru rank globally for social contributions?
- Iceland ranks 65th and Peru ranks 64th of 112 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Social contributions (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.