Iceland

Tax Revenue

21.78
percent of GDP
Dec 73Dec 76Dec 79Dec 82Dec 85Dec 88Dec 91Dec 94Dec 97Dec 00Dec 03Dec 06Dec 09Dec 12Dec 15Dec 190.00010.0020.0030.0040.00
  • Iceland
  • Global Median
Source: IMF

Global Ranking

29
Belgium22.61
30
Hungary22.48
31
Israel22.36
32
Armenia22.29
33
Portugal22.2
34
Iceland21.78
35
Croatia21.71
36
Morocco21.42
37
Georgia21.41
38
Estonia21.32
39
Botswana21.27
39
Latvia21.27

Europe Ranking

13
Norway23.16
14
Belgium22.61
15
Hungary22.48
16
Armenia22.29
17
Portugal22.2
18
Iceland21.78
19
Croatia21.71
20
Georgia21.41
21
Estonia21.32
22
Latvia21.27
23
Finland20.67

News

Definition of Tax Revenue

Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

Related Indicators

    Maxinomics LogoThe World's Economic Atlas

    TYPE TO BEGIN SEARCHING