What were the full 2024 personal income tax rate schedules (brackets and rates) for Sweden, Norway, Denmark, Finland, and Iceland?
Executive summary
Available sources list top rates and describe Nordic tax systems but do not provide a single, complete “full 2024 personal income tax rate schedule” (all brackets and rates) for Sweden, Norway, Denmark, Finland, and Iceland in one place; individual country details are scattered across OECD, Tax Foundation, PwC, Tax Summaries and related reporting (examples: Denmark top statutory rate ~55.9% [1], Norway’s combined top personal rate cited ~47.4% [2], Finland and Sweden top/marginal effective rates noted in Tax Foundation analysis [3], and PwC/Tax Summaries give bracket details for Norway such as a 13.7% bracket tax on NOK 697,151–942,400 [4]). Available sources do not publish a single consolidated table of every bracket for all five countries (not found in current reporting).
1. Nordic top-rate headlines — what the cross‑country sources report
Tax Foundation and derivative maps identify Denmark as having one of Europe’s highest statutory top personal income tax rates (55.9% cited for Denmark among European OECD countries) and place Sweden and Finland among the high-top countries; Iceland and Norway are also shown as relatively high compared with many countries [1] [5] [3]. VisualCapitalist and Tax Foundation materials reiterate Denmark’s 55.9% top rate and similar cross‑country rankings [6] [5]. These pieces focus on top statutory rates rather than every bracket [1].
2. Norway — the most concrete bracket detail available
PwC’s Norway personal-income summary provides concrete 2024 bracket-tax information for Norway’s bracket (surtax-like) structure: a general flat rate on “general income” of 22%, plus progressive bracket taxes on personal income with examples such as 4.0% for NOK 306,051–697,150 and 13.7% for NOK 697,151–942,400 [4]. TradingEconomics cites an overall “personal income tax rate” figure of 47.40% for Norway [2]. These pieces show Norway uses a combination of flat tax on general income and progressive bracket taxes on labour income [4].
3. Denmark, Sweden and Finland — top and effective rates but sparse bracket lists
Multiple sources emphasize that Denmark and Finland have very high top or top-effective marginal rates (Denmark cited at 55.9% statutory top and Denmark’s top marginal effective rate in some analyses above 60% when local taxes and payroll effects are included; Sweden’s effective top marginal rate shown around 56.4% in Tax Foundation work) [1] [3]. However, the sources provided do not enumerate all individual 2024 national and municipal bracket thresholds and each rate for Sweden, Denmark, and Finland in a single schedule — those detailed schedules are not present in the current set of search results (not found in current reporting).
4. Iceland — ranked high in some indices but bracket detail missing
Iceland appears in cross‑country rankings and Tax Foundation indices (e.g., mentioned among countries with relatively high top statutory rates and in Tax Foundation’s competitiveness discussions) but the specific multi‑bracket 2024 schedule for Iceland is not included in the sources provided [1] [7]. Available sources discuss Iceland’s tax burden and implied subsidies but do not give a full bracket table in the supplied results (not found in current reporting).
5. What “top rate” coverage obscures — local taxes, surtaxes, and effective rates
Across the supplied material, authors warn that headline “top statutory” rates omit municipal/local taxes and how systems combine flat capital taxes with progressive labour taxes; Tax Foundation and OECD pieces stress that effective top marginal rates can be higher than the statutory central rate once local taxes and social contributions are included (examples: Denmark’s effective top marginal versus statutory, Sweden’s effective top figures) [1] [3] [8]. That means quoting a single number without noting municipal surtaxes or the distinction between general income and bracket taxes gives an incomplete picture [4] [3].
6. Where to find authoritative, full bracket schedules and why they matter
For full 2024 schedules (every bracket threshold and corresponding rate by national + municipal levels), official tax authority publications for each country or consolidated, country‑by‑country PwC / OECD tax‑summaries are the authoritative follow-ups; among the supplied results PwC gives Norway bracket detail whereas other sources provide top rates and context but not full bracket tables [4] [1]. If you want, I can fetch and compile the official 2024 bracket thresholds and rates from each country’s revenue authority or from PwC/OECD entries — note that will require using sources beyond the set you already supplied.
Limitations, sourcing and competing perspectives
This note compiles what the provided sources include: clear top‑rate figures and system descriptions are available (Tax Foundation, VisualCapitalist, OECD/TAXING WAGES) but comprehensive, line‑by‑line 2024 bracket schedules for all five Nordic countries are not present among the supplied results; PwC’s Norway page is the one concrete bracket example in the set [1] [6] [8] [4]. Different organizations (Tax Foundation, PwC, OECD) sometimes report slightly different “top” or “effective” rates because they include or exclude municipal taxes, social contributions, or focus on statutory vs. effective marginal rates — that is the source of apparent disagreement in the coverage [1] [3] [8].