Iceland vs Mexico: Taxes on goods and services (current LCU), annual growth rate
Iceland
13.12 % change on previous year
in 2023
Mexico
12.04 % change on previous year
in 2024
Iceland rank
61st
Mexico rank
63rd
Taxes on goods and services (current LCU), annual growth rate over time
- Iceland
- Mexico
How they compare
Iceland currently reports 13.12 % change on previous year against 12.04 % change on previous year in Mexico, a difference of 1.08 % change on previous year.
That makes Iceland's figure about 1.1 times Mexico's.
The two have swapped places 15 times across 43 shared years of data; in 1973 it was Iceland ahead.
Iceland ranks 61st and Mexico ranks 63rd of 156 countries.
Across the 6 decades both report, Iceland averaged higher in 2 and Mexico in 4.
Head to head by decade
| Decade | Iceland | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 50.71 % change on previous year | 35.97 % change on previous year | 14.74 % change on previous year | Iceland |
| 1980s | 45.07 % change on previous year | 83 % change on previous year | 37.93 % change on previous year | Mexico |
| 1990s | 9.03 % change on previous year | 23.23 % change on previous year | 14.2 % change on previous year | Mexico |
| 2000s | -3.21 % change on previous year | 16.38 % change on previous year | 19.59 % change on previous year | Mexico |
| 2010s | 6.82 % change on previous year | 10.76 % change on previous year | 3.94 % change on previous year | Mexico |
| 2020s | 9.84 % change on previous year | 7.32 % change on previous year | 2.52 % change on previous year | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services (current lcu), annual growth rate, Iceland or Mexico?
- Iceland, at 13.12 % change on previous year against 12.04 % change on previous year in Mexico as of 2023.
- What is the difference in taxes on goods and services (current lcu), annual growth rate between Iceland and Mexico?
- 1.08 % change on previous year, with Iceland ahead.
- How many years of comparable data are there for Iceland and Mexico?
- 43 years are reported by both, from 1973 to 2023.
- How do Iceland and Mexico rank globally for taxes on goods and services (current lcu), annual growth rate?
- Iceland ranks 61st and Mexico ranks 63rd of 156 countries.
- Where does this data come from?
- Statizoid (derived), published as Taxes on goods and services (current LCU), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.