Iceland vs Low & middle income: Other taxes
Other taxes over time
- Iceland
- Low & middle income
How they compare
Iceland currently reports 3.0% against 0.6% in Low & middle income, a difference of 2.4%.
That makes Iceland's figure about 5.3 times Low & middle income's.
Across all 14 years both countries report, Iceland has been ahead every year.
Iceland ranks 28th and Low & middle income ranks 31st of 148 countries.
Iceland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Iceland | Low & middle income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.0% | 1.2% | 0.8% | Iceland |
| 2010s | 7.5% | 0.9% | 6.6% | Iceland |
| 2020s | 3.7% | 0.7% | 2.9% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher other taxes, Iceland or Low & middle income?
- Iceland, at 3.0% against 0.6% in Low & middle income as of 2023.
- What is the difference in other taxes between Iceland and Low & middle income?
- 2.4%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Low & middle income?
- 14 years are reported by both, from 2009 to 2022.
- How do Iceland and Low & middle income rank globally for other taxes?
- Iceland ranks 28th and Low & middle income ranks 31st of 148 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Other taxes (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.