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The tax wedge for the average single worker in Iceland increased by 0.1 percentage points from 33.1 in 2017 to 33.2 in 2018. The OECD average tax wedge in 2018 was 36.1 (2017, 36.2).
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The tax-to-GDP ratio in Iceland decreased by 13.9 percentage points, from 51.6% in 2016 to 37.7% in 2017. This decrease was due to the one-off stability contributions in 2016. The corresponding figures for the OECD average were an increase of 0.2 percentage points from 34.0% to 34.2% over thesame period.
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The digital revolution, globalisation and demographic changes are transforming labour markets at a time when policy makers are also struggling with slow productivity and wage growth and high levels of income inequality. The new OECD Jobs Strategy provides a comprehensive framework and policy recommendations to help countries address these challenges.
This page contains all information relating to implementation of the OECD Anti-Bribery Convention in Iceland.
The 2017 OECD R&D tax incentive country profiles provide detailed information on the design features and cost of tax provisions used by countries to incentivise R&D performance by businesses, reporting on both long-term and recent trends.
Government at a Glance provides a dashboard of key indicators to help you analyse international comparisons of public sector performance.
These notes present selected country highlights from the OECD Science, Technology and Industry Scoreboard 2017 with a specific focus on digital trends among all themes covered.