Iceland vs Mexico: Taxes on goods and services, Ratio of this level of government's

Iceland
0.9814
in 2020
Mexico
0.9853
in 2020
Iceland rank
34th
Mexico rank
33rd

Taxes on goods and services, Ratio of this level of government's over time

  • Iceland
  • Mexico
00.20.40.60.81199820092020

How they compare

Mexico currently reports 0.9853 against 0.9814 in Iceland, a difference of 0.0039.

The two have swapped places 2 times across 13 shared years of data; in 2008 it was Mexico ahead.

Iceland ranks 34th and Mexico ranks 33rd of 80 countries.

Across the 3 decades both report, Iceland averaged higher in 1 and Mexico in 2.

Head to head by decade

Decade Iceland Mexico Difference Ahead
2000s 0.9683 0.9923 0.024 Mexico
2010s 0.9867 0.9774 0.0093 Iceland
2020s 0.9814 0.9853 0.0039 Mexico

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes on goods and services, ratio of this level of government's, Iceland or Mexico?
Mexico, at 0.9853 against 0.9814 in Iceland as of 2020.
What is the difference in taxes on goods and services, ratio of this level of government's between Iceland and Mexico?
0.0039, with Mexico ahead.
How many years of comparable data are there for Iceland and Mexico?
13 years are reported by both, from 2008 to 2020.
How do Iceland and Mexico rank globally for taxes on goods and services, ratio of this level of government's?
Iceland ranks 34th and Mexico ranks 33rd of 80 countries.
Where does this data come from?
International Monetary Fund, published as Taxes on goods and services, Ratio of this level of government's revenue from this item to total general government revenue from this item, Percent (Central government). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Mexico: Taxes on goods and services, Ratio of this level of government's. Statizoid, drawing on International Monetary Fund. Retrieved 18 September 2026, from https://public-sector.statizoid.com/compare/taxes-on-goods-and-services-ratio-of-this-level-of-government-s-revenue-from-this-item-to/iceland/mexico/

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About this data

Indicator
Taxes on goods and services, Ratio of this level of government's revenue from this item to total general government revenue from this item, Percent (Central government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
80 places, 1,545 data points, 1974–2020
Last refreshed

The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.