Canada vs Iceland: Personal income tax (PIT) and social security contributions (SSC)
Canada
32.12 Percentage of labour costs
in 2025
Iceland
31.51 Percentage of labour costs
in 2025
Canada rank
19th
Iceland rank
20th
Personal income tax (PIT) and social security contributions (SSC) over time
- Canada
- Iceland
How they compare
Canada currently reports 32.12 Percentage of labour costs against 31.51 Percentage of labour costs in Iceland, a difference of 0.61 Percentage of labour costs.
The two have swapped places 2 times across 26 shared years of data; in 2000 it was Canada ahead.
Canada ranks 19th and Iceland ranks 20th of 29 countries.
Across the 3 decades both report, Canada averaged higher in 1 and Iceland in 2.
Head to head by decade
| Decade | Canada | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 32.71 Percentage of labour costs | 30.83 Percentage of labour costs | 1.88 Percentage of labour costs | Canada |
| 2010s | 31.91 Percentage of labour costs | 33.6 Percentage of labour costs | 1.69 Percentage of labour costs | Iceland |
| 2020s | 31.73 Percentage of labour costs | 31.91 Percentage of labour costs | 0.1804 Percentage of labour costs | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal income tax (pit) and social security contributions (ssc), Canada or Iceland?
- Canada, at 32.12 Percentage of labour costs against 31.51 Percentage of labour costs in Iceland as of 2025.
- What is the difference in personal income tax (pit) and social security contributions (ssc) between Canada and Iceland?
- 0.61 Percentage of labour costs, with Canada ahead.
- How many years of comparable data are there for Canada and Iceland?
- 26 years are reported by both, from 2000 to 2025.
- How do Canada and Iceland rank globally for personal income tax (pit) and social security contributions (ssc)?
- Canada ranks 19th and Iceland ranks 20th of 29 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Personal income tax (PIT) and social security contributions (SSC) - average rates on gross wage earnings — Tax wedge. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The average personal income tax (PIT) and social security contribution (SSC) rates for a single person without dependent, at various multiples (67%, 100%, 133%, 167%) of the average wage. Related topics: Taxing Wages, Labour taxation, Tax wedge decomposition, Average wage, Income, Household