Denmark vs Iceland: Tax rate on low wage earners - low wage trap
Denmark
39.45
in 2025
Iceland
43.8
in 2023
Denmark rank
20th
Iceland rank
17th
Tax rate on low wage earners - low wage trap over time
- Denmark
- Iceland
How they compare
Iceland currently reports 43.8 against 39.45 in Denmark, a difference of 4.35.
That makes Iceland's figure about 1.1 times Denmark's.
Across all 23 years both countries report, Denmark has been ahead every year.
Denmark ranks 20th and Iceland ranks 17th of 32 countries.
Denmark has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Denmark | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 78.29 | 44.49 | 33.8 | Denmark |
| 2010s | 77.92 | 48.57 | 29.35 | Denmark |
| 2020s | 75.78 | 44.6 | 31.18 | Denmark |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax rate on low wage earners - low wage trap, Denmark or Iceland?
- Iceland, at 43.8 against 39.45 in Denmark as of 2023.
- What is the difference in tax rate on low wage earners - low wage trap between Denmark and Iceland?
- 4.35, with Iceland ahead.
- How many years of comparable data are there for Denmark and Iceland?
- 23 years are reported by both, from 2001 to 2023.
- How do Denmark and Iceland rank globally for tax rate on low wage earners - low wage trap?
- Denmark ranks 20th and Iceland ranks 17th of 32 countries.
- Where does this data come from?
- Eurostat, published as Tax rate on low wage earners - low wage trap. Statizoid refreshes it automatically from the source and publishes the full history for both places.