Iceland vs Israel: Tax revenue

Iceland
23.2%
in 2023
Israel
23.2%
in 2024
Iceland rank
29th
Israel rank
28th

Tax revenue over time

  • Iceland
  • Israel
010203040197219982024

How they compare

Israel currently reports 23.2% against 23.2% in Iceland, a difference of 0.0%.

The two have swapped places 11 times across 52 shared years of data; in 1972 it was Israel ahead.

Iceland ranks 29th and Israel ranks 28th of 157 countries.

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

Head to head by decade

Decade Iceland Israel Difference Ahead
1970s 21.5% 29.8% 8.3% Israel
1980s 20.8% 32.7% 12.0% Israel
1990s 22.5% 24.8% 2.2% Israel
2000s 23.9% 24.5% 0.6% Israel
2010s 23.5% 22.7% 0.8% Iceland
2020s 22.1% 23.4% 1.3% Israel

Averages of every year both report within each decade.

Frequently asked questions

Which has higher tax revenue, Iceland or Israel?
Israel, at 23.2% against 23.2% in Iceland as of 2024.
What is the difference in tax revenue between Iceland and Israel?
0.0%, with Israel ahead.
How many years of comparable data are there for Iceland and Israel?
52 years are reported by both, from 1972 to 2023.
How do Iceland and Israel rank globally for tax revenue?
Iceland ranks 29th and Israel ranks 28th of 157 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Tax revenue (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Israel: Tax revenue. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 13 September 2026, from https://public-sector.statizoid.com/compare/tax-revenue-percent-of-gdp/iceland/israel/

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About this data

Indicator
Tax revenue (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 5,672 data points, 1972–2024
Last refreshed

Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.