Iceland vs Japan: Personal income tax (PIT) and social security contributions (SSC)

Iceland
40.26 Percentage of labour costs
in 2025
Japan
37.66 Percentage of labour costs
in 2025
Iceland rank
20th
Japan rank
21st

Personal income tax (PIT) and social security contributions (SSC) over time

  • Iceland
  • Japan
010203040200020122025

How they compare

Iceland currently reports 40.26 Percentage of labour costs against 37.66 Percentage of labour costs in Japan, a difference of 2.6 Percentage of labour costs.

That makes Iceland's figure about 1.1 times Japan's.

Across all 26 years both countries report, Iceland has been ahead every year.

Iceland ranks 20th and Japan ranks 21st of 29 countries.

Iceland has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iceland Japan Difference Ahead
2000s 39.2 Percentage of labour costs 33.26 Percentage of labour costs 5.94 Percentage of labour costs Iceland
2010s 41.76 Percentage of labour costs 36.67 Percentage of labour costs 5.09 Percentage of labour costs Iceland
2020s 40.1 Percentage of labour costs 37.49 Percentage of labour costs 2.61 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), Iceland or Japan?
Iceland, at 40.26 Percentage of labour costs against 37.66 Percentage of labour costs in Japan as of 2025.
What is the difference in personal income tax (pit) and social security contributions (ssc) between Iceland and Japan?
2.6 Percentage of labour costs, with Iceland ahead.
How many years of comparable data are there for Iceland and Japan?
26 years are reported by both, from 2000 to 2025.
How do Iceland and Japan rank globally for personal income tax (pit) and social security contributions (ssc)?
Iceland ranks 20th and Japan ranks 21st 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) - marginal rates on gross wage earnings — Tax wedge. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Japan: Personal income tax (PIT) and social security contributions (SSC). Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 15 September 2026, from https://economy.statizoid.com/compare/personal-income-tax-pit-and-social-security-contributions-ssc-marginal-rates-on-gross/iceland/japan/

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About this data

Indicator
Personal income tax (PIT) and social security contributions (SSC) - marginal rates on gross wage earnings — Tax wedge
Unit
Percentage of labour costs
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
38 places, 988 data points, 2000–2025
Last refreshed

Marginal 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 AW/APW. Related topics: Taxing Wages, Labour taxation, Tax wedge decomposition, Average wage, Income, Household