Iceland vs United States of America: Taxes on goods and services (current LCU), annual growth rate
Iceland
13.12 % change on previous year
in 2023
United States of America
13.51 % change on previous year
in 2024
Iceland rank
61st
United States of America rank
59th
Taxes on goods and services (current LCU), annual growth rate over time
- Iceland
- United States of America
How they compare
United States of America currently reports 13.51 % change on previous year against 13.12 % change on previous year in Iceland, a difference of 0.39 % change on previous year.
The two have swapped places 16 times across 51 shared years of data; in 1973 it was Iceland ahead.
Iceland ranks 61st and United States of America ranks 59th of 156 countries.
Iceland has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Iceland | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 50.71 % change on previous year | 2.82 % change on previous year | 47.89 % change on previous year | Iceland |
| 1980s | 45.07 % change on previous year | 8.15 % change on previous year | 36.92 % change on previous year | Iceland |
| 1990s | 9.03 % change on previous year | 7.77 % change on previous year | 1.26 % change on previous year | Iceland |
| 2000s | 5.37 % change on previous year | 0.009 % change on previous year | 5.36 % change on previous year | Iceland |
| 2010s | 6.82 % change on previous year | 3.99 % change on previous year | 2.83 % change on previous year | Iceland |
| 2020s | 9.84 % change on previous year | -0.1661 % change on previous year | 10.01 % 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 United States of America?
- United States of America, at 13.51 % change on previous year against 13.12 % change on previous year in Iceland as of 2024.
- What is the difference in taxes on goods and services (current lcu), annual growth rate between Iceland and United States of America?
- 0.39 % change on previous year, with United States of America ahead.
- How many years of comparable data are there for Iceland and United States of America?
- 51 years are reported by both, from 1973 to 2023.
- How do Iceland and United States of America rank globally for taxes on goods and services (current lcu), annual growth rate?
- Iceland ranks 61st and United States of America ranks 59th 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.