Denmark vs Iceland: Personal income tax (PIT) - top statutory and marginal tax rate — Top
Personal income tax (PIT) - top statutory and marginal tax rate — Top over time
- Denmark
- Iceland
How they compare
Iceland currently reports 1.33 Factor of average annual wage against 1.24 Factor of average annual wage in Denmark, a difference of 0.09 Factor of average annual wage.
That makes Iceland's figure about 1.1 times Denmark's.
The two have swapped places 4 times across 26 shared years of data; in 2000 it was Iceland ahead.
Denmark ranks 25th and Iceland ranks 24th of 29 countries.
Across the 3 decades both report, Denmark averaged higher in 1 and Iceland in 2.
Head to head by decade
| Decade | Denmark | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.04 Factor of average annual wage | 0.8891 Factor of average annual wage | 0.1495 Factor of average annual wage | Denmark |
| 2010s | 1.2 Factor of average annual wage | 1.37 Factor of average annual wage | 0.1644 Factor of average annual wage | Iceland |
| 2020s | 1.27 Factor of average annual wage | 1.28 Factor of average annual wage | 0.0062 Factor of average annual wage | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal income tax (pit) - top statutory and marginal tax rate — top, Denmark or Iceland?
- Iceland, at 1.33 Factor of average annual wage against 1.24 Factor of average annual wage in Denmark as of 2025.
- What is the difference in personal income tax (pit) - top statutory and marginal tax rate — top between Denmark and Iceland?
- 0.09 Factor of average annual wage, with Iceland ahead.
- How many years of comparable data are there for Denmark and Iceland?
- 26 years are reported by both, from 2000 to 2025.
- How do Denmark and Iceland rank globally for personal income tax (pit) - top statutory and marginal tax rate — top?
- Denmark ranks 25th and Iceland ranks 24th of 29 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Personal income tax (PIT) - top statutory and marginal tax rate — Top statutory personal income tax rate earnings threshold. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
A single person without dependants based on the earnings level where the top statutory personal income tax rate first applies. The marginal tax rates are derived on the basis of a unit increase in gross wage earnings at the threshold. Related topics: Taxing Wages, Labour taxation, Tax wedge decomposition, Average wage, Income, Household