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Iceland Social contributions (current LCU) 2026: Interactive Chart & Historical Data

Social contributions (current LCU) in Iceland stood at 131.6 billion in 2023, according to World Bank. The latest value is up 14% from 115.6 billion in 2022. Ten years earlier, in 2013, the value was 69.9 billion (up 88% since). The latest value is the highest since 1972; the lowest was 9.2 million in 1972. Iceland ranked 35th highest of the 77 countries in this dataset in 2023; South Korea ranked first.

Data source: World Bank · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1972–2024

Key facts

What is the latest Social contributions (current LCU) in Iceland?

Social contributions (current LCU) in Iceland stood at 131.6 billion in 2023, according to World Bank.

Is Social contributions (current LCU) in Iceland rising or falling?

The latest value is up 14% from 115.6 billion in 2022. Ten years earlier, in 2013, the value was 69.9 billion (up 88% since).

How does Iceland rank for Social contributions (current LCU)?

Iceland ranked 35th highest of the 77 countries in this dataset in 2023; South Korea ranked first.

What is the highest Social contributions (current LCU) on record in Iceland?

The latest value is the highest since 1972; the lowest was 9.2 million in 1972.

Metadata for Social contributions (current LCU) in Iceland
IndicatorSocial contributions (current LCU)
CountryIceland
CategoryMacroeconomics
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Latest value: 131.6 billion (2023)

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Source:World Bank — series GC.REV.SOCL.CN
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Social contributions (current LCU) — Iceland [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-rev-socl-cn/ISL. Original source: https://data.worldbank.org/indicator/GC.REV.SOCL.CN

MLA

World Bank. "Social contributions (current LCU) — Iceland." EconDash, 2026, https://econdash.org/chart/wdi-gc-rev-socl-cn/ISL. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.REV.SOCL.CN.

Chicago

World Bank. 2026. "Social contributions (current LCU) — Iceland." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-rev-socl-cn/ISL. Original source: https://data.worldbank.org/indicator/GC.REV.SOCL.CN.

BibTeX
@misc{econdash_wdi_gc_rev_socl_cn_isl,
  author = {{World Bank}},
  title = {{Social contributions (current LCU) --- Iceland}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-gc-rev-socl-cn/ISL},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.REV.SOCL.CN}
}