Iceland vs United States: Tax rate on low wage earners - tax wedge on labour costs
Iceland
27.3
in 2024
United States
27.6
in 2024
Iceland rank
38th
United States rank
36th
Tax rate on low wage earners - tax wedge on labour costs over time
- Iceland
- United States
How they compare
United States currently reports 27.6 against 27.3 in Iceland, a difference of 0.3.
The two have swapped places 4 times across 25 shared years of data; in 2000 it was United States ahead.
Iceland ranks 38th and United States ranks 36th of 44 countries.
Across the 3 decades both report, Iceland averaged higher in 2 and United States in 1.
Head to head by decade
| Decade | Iceland | United States | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 26.7 | 28.6 | 1.9 | United States |
| 2010s | 29.59 | 28.55 | 1.04 | Iceland |
| 2020s | 28 | 26.22 | 1.78 | 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 States?
- United States, at 27.6 against 27.3 in Iceland as of 2024.
- What is the difference in tax rate on low wage earners - tax wedge on labour costs between Iceland and United States?
- 0.3, with United States ahead.
- How many years of comparable data are there for Iceland and United States?
- 25 years are reported by both, from 2000 to 2024.
- How do Iceland and United States rank globally for tax rate on low wage earners - tax wedge on labour costs?
- Iceland ranks 38th and United States 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.