Australia vs Iceland: Tax revenue (current LCU), annual growth rate

Australia
14.47 % change on previous year
in 2022
Iceland
15.8 % change on previous year
in 2023
Australia rank
49th
Iceland rank
47th

Tax revenue (current LCU), annual growth rate over time

  • Australia
  • Iceland
-250255075197319982023

How they compare

Iceland currently reports 15.8 % change on previous year against 14.47 % change on previous year in Australia, a difference of 1.33 % change on previous year.

That makes Iceland's figure about 1.1 times Australia's.

The two have swapped places 16 times across 50 shared years of data; in 1973 it was Iceland ahead.

Australia ranks 49th and Iceland ranks 47th of 156 countries.

Across the 6 decades both report, Australia averaged higher in 1 and Iceland in 5.

Head to head by decade

Decade Australia Iceland Difference Ahead
1970s 17.06 % change on previous year 44.56 % change on previous year 27.5 % change on previous year Iceland
1980s 13.57 % change on previous year 43.08 % change on previous year 29.51 % change on previous year Iceland
1990s 5.39 % change on previous year 8.52 % change on previous year 3.13 % change on previous year Iceland
2000s 7.24 % change on previous year 7.12 % change on previous year 0.1225 % change on previous year Australia
2010s 5.15 % change on previous year 10.29 % change on previous year 5.14 % change on previous year Iceland
2020s 6.71 % change on previous year 10.14 % change on previous year 3.44 % change on previous year Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher tax revenue (current lcu), annual growth rate, Australia or Iceland?
Iceland, at 15.8 % change on previous year against 14.47 % change on previous year in Australia as of 2023.
What is the difference in tax revenue (current lcu), annual growth rate between Australia and Iceland?
1.33 % change on previous year, with Iceland ahead.
How many years of comparable data are there for Australia and Iceland?
50 years are reported by both, from 1973 to 2022.
How do Australia and Iceland rank globally for tax revenue (current lcu), annual growth rate?
Australia ranks 49th and Iceland ranks 47th of 156 countries.
Where does this data come from?
Statizoid (derived), published as Tax revenue (current LCU), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Iceland: Tax revenue (current LCU), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 03 September 2026, from https://public-sector.statizoid.com/compare/tax-revenue-current-lcu-annual-growth-rate/australia/iceland/

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About this data

Indicator
Tax revenue (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
156 places, 4,474 data points, 1973–2024
Last refreshed

The year-on-year percentage change in Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.