Chile vs Iceland: Financing of social security benefits in OECD member countries — Tax
Chile
1.18 Percentage of GDP
in 2024
Iceland
2.98 Percentage of GDP
in 2024
Chile rank
32nd
Iceland rank
29th
Financing of social security benefits in OECD member countries — Tax over time
- Chile
- Iceland
How they compare
Iceland currently reports 2.98 Percentage of GDP against 1.18 Percentage of GDP in Chile, a difference of 1.8 Percentage of GDP.
That makes Iceland's figure about 2.5 times Chile's.
The two have swapped places 1 time across 35 shared years of data; in 1990 it was Chile ahead.
Chile ranks 32nd and Iceland ranks 29th of 33 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Chile | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.33 Percentage of GDP | 2.32 Percentage of GDP | 0.9941 Percentage of GDP | Iceland |
| 2000s | 1.36 Percentage of GDP | 2.83 Percentage of GDP | 1.47 Percentage of GDP | Iceland |
| 2010s | 1.43 Percentage of GDP | 3.47 Percentage of GDP | 2.04 Percentage of GDP | Iceland |
| 2020s | 1.21 Percentage of GDP | 2.96 Percentage of GDP | 1.75 Percentage of GDP | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financing of social security benefits in oecd member countries — tax, Chile or Iceland?
- Iceland, at 2.98 Percentage of GDP against 1.18 Percentage of GDP in Chile as of 2024.
- What is the difference in financing of social security benefits in oecd member countries — tax between Chile and Iceland?
- 1.8 Percentage of GDP, with Iceland ahead.
- How many years of comparable data are there for Chile and Iceland?
- 35 years are reported by both, from 1990 to 2024.
- How do Chile and Iceland rank globally for financing of social security benefits in oecd member countries — tax?
- Chile ranks 32nd and Iceland ranks 29th of 33 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Financing of social security benefits in OECD member countries — Tax revenue. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Compulsory payments conferring entitlement to future social benefits These are usually earmarked to finance social benefits and paid to institutions of general government.