Iceland vs Seychelles: Taxes on goods and services
Iceland
35.2%
in 2023
Seychelles
36.0%
in 2008
Iceland rank
57th
Seychelles rank
54th
Taxes on goods and services over time
- Iceland
- Seychelles
How they compare
Seychelles currently reports 36.0% against 35.2% in Iceland, a difference of 0.8%.
The two have swapped places 1 time across 12 shared years of data; in 1993 it was Iceland ahead.
Iceland ranks 57th and Seychelles ranks 54th of 156 countries.
Iceland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Seychelles | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 50.2% | 6.2% | 44.0% | Iceland |
| 2000s | 40.0% | 30.9% | 9.1% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Iceland or Seychelles?
- Seychelles, at 36.0% against 35.2% in Iceland as of 2008.
- What is the difference in taxes on goods and services between Iceland and Seychelles?
- 0.8%, with Seychelles ahead.
- How many years of comparable data are there for Iceland and Seychelles?
- 12 years are reported by both, from 1993 to 2008.
- How do Iceland and Seychelles rank globally for taxes on goods and services?
- Iceland ranks 57th and Seychelles ranks 54th of 156 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 (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.