Iceland vs Turkey: Taxes on goods and services (% of revenue)

Iceland
35.2%
in 2023
Turkey
35.1%
in 2024
Iceland rank
58th
Turkey rank
59th

Taxes on goods and services (% of revenue) over time

  • Iceland
  • Turkey
0204060197219982024

How they compare

Iceland currently reports 35.2% against 35.1% in Turkey, a difference of 0.1%.

The two have swapped places 4 times across 42 shared years of data; in 1972 it was Iceland ahead.

Iceland ranks 58th and Turkey ranks 59th of 156 countries.

Across the 6 decades both report, Iceland averaged higher in 4 and Turkey in 2.

Head to head by decade

Decade Iceland Turkey Difference Ahead
1970s 43.8% 28.5% 15.3% Iceland
1980s 50.1% 26.8% 23.3% Iceland
1990s 48.8% 37.3% 11.5% Iceland
2000s 30.6% 35.4% 4.8% Turkey
2010s 33.3% 38.0% 4.7% Turkey
2020s 36.8% 35.9% 0.8% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes on goods and services, Iceland or Turkey?
Iceland, at 35.2% against 35.1% in Turkey as of 2023.
What is the difference in taxes on goods and services between Iceland and Turkey?
0.1%, with Iceland ahead.
How many years of comparable data are there for Iceland and Turkey?
42 years are reported by both, from 1972 to 2023.
How do Iceland and Turkey rank globally for taxes on goods and services?
Iceland ranks 58th and Turkey ranks 59th 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.

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Iceland vs Turkey: Taxes on goods and services. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 08 November 2026, from https://public-sector.statizoid.com/compare/taxes-on-goods-and-services-percent-of-revenue/iceland/turkiye/

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About this data

Indicator
Taxes on goods and services (% of revenue)
Unit
% of revenue
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
197 places, 5,707 data points, 1972–2024
Last refreshed

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.