Iceland vs Sweden: Social contributions
Iceland
9.5%
in 2023
Sweden
9.2%
in 2024
Iceland rank
65th
Sweden rank
66th
Social contributions over time
- Iceland
- Sweden
How they compare
Iceland currently reports 9.5% against 9.2% in Sweden, a difference of 0.3%.
The two have swapped places 3 times across 52 shared years of data; in 1972 it was Sweden ahead.
Iceland ranks 65th and Sweden ranks 66th of 112 countries.
Across the 6 decades both report, Iceland averaged higher in 2 and Sweden in 4.
Head to head by decade
| Decade | Iceland | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 3.9% | 26.5% | 22.6% | Sweden |
| 1980s | 3.7% | 31.7% | 28.0% | Sweden |
| 1990s | 7.8% | 24.0% | 16.2% | Sweden |
| 2000s | 8.4% | 10.1% | 1.7% | Sweden |
| 2010s | 10.2% | 9.2% | 1.1% | Iceland |
| 2020s | 9.9% | 9.2% | 0.7% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher social contributions, Iceland or Sweden?
- Iceland, at 9.5% against 9.2% in Sweden as of 2023.
- What is the difference in social contributions between Iceland and Sweden?
- 0.3%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Sweden?
- 52 years are reported by both, from 1972 to 2023.
- How do Iceland and Sweden rank globally for social contributions?
- Iceland ranks 65th and Sweden ranks 66th 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.