Iceland vs Sweden: Taxes on goods and services
Taxes on goods and services over time
- Iceland
- Sweden
How they compare
Iceland currently reports 13.0% against 13.0% in Sweden, a difference of 0.0%.
The two have swapped places 1 time across 29 shared years of data; in 1995 it was Iceland ahead.
Iceland ranks 48th and Sweden ranks 49th of 154 countries.
Across the 4 decades both report, Iceland averaged higher in 2 and Sweden in 2.
Head to head by decade
| Decade | Iceland | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 19.2% | 14.8% | 4.4% | Iceland |
| 2000s | 17.2% | 14.4% | 2.8% | Iceland |
| 2010s | 13.4% | 14.5% | 1.1% | Sweden |
| 2020s | 12.9% | 14.2% | 1.3% | 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 13.0% against 13.0% in Sweden as of 2023.
- What is the difference in taxes on goods and services between Iceland and Sweden?
- 0.0%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Sweden?
- 29 years are reported by both, from 1995 to 2023.
- How do Iceland and Sweden rank globally for taxes on goods and services?
- Iceland ranks 48th and Sweden ranks 49th of 154 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 (% value added of industry and services). 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 value added in industry and services which is the contribution to the economy by industries in ISIC (Rev. 3) divisions 05-43 and 50-99.