Asset-backed pensions - main database — Employer contributions in Iceland
Iceland: Asset-backed pensions - main database — Employer contributions was 6.41 Percentage change in 2024. ◆ Volatile
Asset-backed pensions - main database — Employer contributions in Iceland, 2010–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage change.
Analysis
In 2024, asset-backed pensions - main database — employer contributions in Iceland stood at 6.41 Percentage change.
That represents a change of down 39.1% on the previous year and up 5.2% over ten years.
Over the whole period, asset-backed pensions - main database — employer contributions in Iceland peaked at 102.18 Percentage change in 2010 and was at its lowest, -7.71 Percentage change, in 2011.
Iceland ranks 18th of 29 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Asset-backed pensions - main database — Employer contributions in Iceland, year by year
| Year | Percentage change | Change |
|---|---|---|
| 2010 | 102.18 Percentage change | — |
| 2011 | -7.71 Percentage change | -107.5% |
| 2012 | 5.54 Percentage change | -171.8% |
| 2013 | 4.23 Percentage change | -23.6% |
| 2014 | 6.09 Percentage change | +44.0% |
| 2015 | 13.53 Percentage change | +122.1% |
| 2016 | 11.56 Percentage change | -14.6% |
| 2020 | 3.19 Percentage change | -72.4% |
| 2021 | 8.36 Percentage change | +162.3% |
| 2022 | 15.83 Percentage change | +89.4% |
| 2023 | 10.52 Percentage change | -33.5% |
| 2024 | 6.41 Percentage change | -39.1% |
Iceland compared with similar countries
- Iceland's 6.41 Percentage change is above the median for high income countries, which is 5.81 Percentage change, 1.1× the median. (15 countries reporting)
- Iceland's 6.41 Percentage change is below the median for Europe & Central Asia, which is 7.9 Percentage change, 81% of the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 19.35 Percentage change | -7.71 Percentage change | 102.18 Percentage change | 7 |
| 2020s | 8.86 Percentage change | 3.19 Percentage change | 15.83 Percentage change | 5 |
Countries ranked near Iceland
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Frequently asked questions
- What is asset-backed pensions - main database — employer contributions in Iceland?
- Asset-backed pensions - main database — employer contributions in Iceland was 6.41 Percentage change in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest asset-backed pensions - main database — employer contributions recorded in Iceland?
- The highest recorded value was 102.18 Percentage change in 2010.
- What is the lowest asset-backed pensions - main database — employer contributions recorded in Iceland?
- The lowest recorded value was -7.71 Percentage change in 2011.
- How does Iceland rank for asset-backed pensions - main database — employer contributions?
- Iceland ranks 18th out of 29 countries with data for 2024.
- Is asset-backed pensions - main database — employer contributions rising or falling in Iceland?
- Over the last ten years it is up 5.2%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Asset-backed pensions - main database — Employer contributions. Statizoid updates them automatically from the source API.
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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.