Iceland vs Israel: Financing of social security benefits in OECD member countries — Tax
Iceland
2.98 Percentage of GDP
in 2024
Israel
4.96 Percentage of GDP
in 2024
Iceland rank
29th
Israel rank
27th
Financing of social security benefits in OECD member countries — Tax over time
- Iceland
- Israel
How they compare
Israel currently reports 4.96 Percentage of GDP against 2.98 Percentage of GDP in Iceland, a difference of 1.98 Percentage of GDP.
That makes Israel's figure about 1.7 times Iceland's.
Across all 30 years both countries report, Israel has been ahead every year.
Iceland ranks 29th and Israel ranks 27th of 33 countries.
Israel has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Israel | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.62 Percentage of GDP | 4.86 Percentage of GDP | 2.24 Percentage of GDP | Israel |
| 2000s | 2.83 Percentage of GDP | 5.14 Percentage of GDP | 2.31 Percentage of GDP | Israel |
| 2010s | 3.47 Percentage of GDP | 5.08 Percentage of GDP | 1.62 Percentage of GDP | Israel |
| 2020s | 2.96 Percentage of GDP | 5.04 Percentage of GDP | 2.08 Percentage of GDP | Israel |
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, Iceland or Israel?
- Israel, at 4.96 Percentage of GDP against 2.98 Percentage of GDP in Iceland as of 2024.
- What is the difference in financing of social security benefits in oecd member countries — tax between Iceland and Israel?
- 1.98 Percentage of GDP, with Israel ahead.
- How many years of comparable data are there for Iceland and Israel?
- 30 years are reported by both, from 1995 to 2024.
- How do Iceland and Israel rank globally for financing of social security benefits in oecd member countries — tax?
- Iceland ranks 29th and Israel ranks 27th 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.