The Social Security Rate For Companies in Iceland stands at 11.50 percent. source: Directorate of Internal Revenue

Social Security Rate For Companies in Iceland averaged 6.74 percent from 2000 until 2022, reaching an all time high of 11.50 percent in 2022 and a record low of 5.23 percent in 2001. This page provides - Iceland Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Social Security Rate For Companies - values, historical data and charts - was last updated on February of 2023.

Social Security Rate For Companies in Iceland is expected to reach 11.50 percent by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Social Security Rate For Companies is projected to trend around 11.50 percent in 2024, according to our econometric models.

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Iceland Social Security Rate For Companies



Related Last Previous Unit Reference
Personal Income Tax Rate 46.25 46.25 percent Dec 2022
Corporate Tax Rate 20.00 20.00 percent Dec 2022
Social Security Rate 15.50 10.10 percent Dec 2022
Social Security Rate For Companies 11.50 6.10 percent Dec 2022
Social Security Rate For Employees 4.00 4.00 percent Dec 2022

Iceland Social Security Rate For Companies
In Iceland, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate For Companies are an important source of income for the government of Iceland because they help to pay for many social programs including welfare, health care and many other benefits.
Actual Previous Highest Lowest Dates Unit Frequency
11.50 6.10 11.50 5.23 2000 - 2022 percent Yearly