Iceland vs United Kingdom: Tax rate on low wage earners - tax wedge on labour costs
Iceland
27.3
in 2024
United Kingdom
25.3
in 2024
Iceland rank
38th
United Kingdom rank
41st
Tax rate on low wage earners - tax wedge on labour costs over time
- Iceland
- United Kingdom
How they compare
Iceland currently reports 27.3 against 25.3 in United Kingdom, a difference of 2.
That makes Iceland's figure about 1.1 times United Kingdom's.
The two have swapped places 1 time across 21 shared years of data; in 2000 it was United Kingdom ahead.
Iceland ranks 38th and United Kingdom ranks 41st of 44 countries.
Across the 3 decades both report, Iceland averaged higher in 2 and United Kingdom in 1.
Head to head by decade
| Decade | Iceland | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 26.7 | 29.83 | 3.13 | United Kingdom |
| 2010s | 29.59 | 26.95 | 2.64 | Iceland |
| 2020s | 27.3 | 25.3 | 2 | Iceland |
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, Iceland or United Kingdom?
- Iceland, at 27.3 against 25.3 in United Kingdom as of 2024.
- What is the difference in tax rate on low wage earners - tax wedge on labour costs between Iceland and United Kingdom?
- 2, with Iceland ahead.
- How many years of comparable data are there for Iceland and United Kingdom?
- 21 years are reported by both, from 2000 to 2024.
- How do Iceland and United Kingdom rank globally for tax rate on low wage earners - tax wedge on labour costs?
- Iceland ranks 38th and United Kingdom ranks 41st 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.