Greece vs Iceland: Tax rate on low wage earners - tax wedge on labour costs
Greece
30.5 Rate
in 2025
Iceland
27.7 Rate
in 2023
Greece rank
35th
Iceland rank
36th
Tax rate on low wage earners - tax wedge on labour costs over time
- Greece
- Iceland
How they compare
Greece currently reports 30.5 Rate against 27.7 Rate in Iceland, a difference of 2.8 Rate.
That makes Greece's figure about 1.1 times Iceland's.
Across all 24 years both countries report, Greece has been ahead every year.
Greece ranks 35th and Iceland ranks 36th of 44 countries.
Greece has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Greece | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 35.92 Rate | 26.7 Rate | 9.22 Rate | Greece |
| 2010s | 36.67 Rate | 29.59 Rate | 7.08 Rate | Greece |
| 2020s | 33.77 Rate | 28.18 Rate | 5.6 Rate | Greece |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax rate on low wage earners - tax wedge on labour costs, Greece or Iceland?
- Greece, at 30.5 Rate against 27.7 Rate in Iceland as of 2025.
- What is the difference in tax rate on low wage earners - tax wedge on labour costs between Greece and Iceland?
- 2.8 Rate, with Greece ahead.
- How many years of comparable data are there for Greece and Iceland?
- 24 years are reported by both, from 2000 to 2023.
- How do Greece and Iceland rank globally for tax rate on low wage earners - tax wedge on labour costs?
- Greece ranks 35th and Iceland ranks 36th of 44 countries.
- Where does this data come from?
- Eurostat, published as Tax rate on low wage earners - tax wedge on labour costs. Statizoid refreshes it automatically from the source and publishes the full history for both places.