Iceland vs Israel: Social contributions

Iceland

131.61 billion current LCU

in 2023

Israel

106.28 billion current LCU

in 2024

Iceland rank

40th

Israel rank

43rd

Social contributions over time

Iceland
Israel

How they compare

Iceland currently reports 131.61 billion current LCU against 106.28 billion current LCU in Israel, a difference of 25.33 billion current LCU.

That makes Iceland's figure about 1.2 times Israel's.

The two have swapped places 6 times across 50 shared years of data; in 1974 it was Iceland ahead.

Globally, Iceland ranks 40th and Israel ranks 43rd of 112 countries.

Individual pages

About this data

Indicator: Social contributions (current LCU)
Unit: current LCU
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 112 places, 3,266 data points, 1972–2024
Last refreshed: 06 August 2026

Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.