Brazil vs Iceland: Taxes on goods and services
Taxes on goods and services over time
- Brazil
- Iceland
How they compare
Brazil currently reports 633.74 billion current LCU against 486.56 billion current LCU in Iceland, a difference of 147.18 billion current LCU.
That makes Brazil's figure about 1.3 times Iceland's.
Across all 14 years both countries report, Brazil has been ahead every year.
Brazil ranks 47th and Iceland ranks 50th of 157 countries.
Brazil has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Brazil | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 346.30 billion current LCU | 259.93 billion current LCU | 86.37 billion current LCU | Brazil |
| 2020s | 460.35 billion current LCU | 403.35 billion current LCU | 56.99 billion current LCU | Brazil |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Brazil or Iceland?
- Brazil, at 633.74 billion current LCU against 486.56 billion current LCU in Iceland as of 2024.
- What is the difference in taxes on goods and services between Brazil and Iceland?
- 147.18 billion current LCU, with Brazil ahead.
- How many years of comparable data are there for Brazil and Iceland?
- 14 years are reported by both, from 2010 to 2023.
- How do Brazil and Iceland rank globally for taxes on goods and services?
- Brazil ranks 47th and Iceland ranks 50th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on goods and services (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.