Iceland vs Sweden: Taxes on goods and services (% of revenue)
Iceland
35.2%
in 2023
Sweden
34.7%
in 2024
Iceland rank
58th
Sweden rank
61st
Taxes on goods and services (% of revenue) over time
- Iceland
- Sweden
How they compare
Iceland currently reports 35.2% against 34.7% in Sweden, a difference of 0.5%.
The two have swapped places 5 times across 52 shared years of data; in 1972 it was Iceland ahead.
Iceland ranks 58th and Sweden ranks 61st of 156 countries.
Across the 6 decades both report, Iceland averaged higher in 4 and Sweden in 2.
Head to head by decade
| Decade | Iceland | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 43.8% | 31.0% | 12.8% | Iceland |
| 1980s | 50.0% | 29.6% | 20.3% | Iceland |
| 1990s | 48.9% | 33.5% | 15.4% | Iceland |
| 2000s | 41.6% | 35.5% | 6.1% | Iceland |
| 2010s | 33.3% | 37.8% | 4.5% | Sweden |
| 2020s | 36.8% | 37.1% | 0.3% | Sweden |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Iceland or Sweden?
- Iceland, at 35.2% against 34.7% in Sweden as of 2023.
- What is the difference in taxes on goods and services between Iceland and Sweden?
- 0.5%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Sweden?
- 52 years are reported by both, from 1972 to 2023.
- How do Iceland and Sweden rank globally for taxes on goods and services?
- Iceland ranks 58th and Sweden ranks 61st 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.