Equatorial Guinea vs Iceland: Taxes on income, profits and capital gains

Equatorial Guinea
446.08 billion current LCU
in 2022
Iceland
477.81 billion current LCU
in 2023
Equatorial Guinea rank
51st
Iceland rank
50th

Taxes on income, profits and capital gains over time

  • Equatorial Guinea
  • Iceland
0200.0B400.0B600.0B800.0B197219972023

How they compare

Iceland currently reports 477.81 billion current LCU against 446.08 billion current LCU in Equatorial Guinea, a difference of 31.73 billion current LCU.

That makes Iceland's figure about 1.1 times Equatorial Guinea's.

The two have swapped places 4 times across 17 shared years of data; in 2006 it was Equatorial Guinea ahead.

Equatorial Guinea ranks 51st and Iceland ranks 50th of 153 countries.

Equatorial Guinea has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Equatorial Guinea Iceland Difference Ahead
2000s 595.94 billion current LCU 140.32 billion current LCU 455.62 billion current LCU Equatorial Guinea
2010s 579.74 billion current LCU 208.96 billion current LCU 370.77 billion current LCU Equatorial Guinea
2020s 355.39 billion current LCU 327.72 billion current LCU 27.66 billion current LCU Equatorial Guinea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes on income, profits and capital gains, Equatorial Guinea or Iceland?
Iceland, at 477.81 billion current LCU against 446.08 billion current LCU in Equatorial Guinea as of 2023.
What is the difference in taxes on income, profits and capital gains between Equatorial Guinea and Iceland?
31.73 billion current LCU, with Iceland ahead.
How many years of comparable data are there for Equatorial Guinea and Iceland?
17 years are reported by both, from 2006 to 2022.
How do Equatorial Guinea and Iceland rank globally for taxes on income, profits and capital gains?
Equatorial Guinea ranks 51st and Iceland ranks 50th of 153 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on income, profits and capital gains (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Equatorial Guinea vs Iceland: Taxes on income, profits and capital gains. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 11 September 2026, from https://public-sector.statizoid.com/compare/taxes-on-income-profits-and-capital-gains-current-lcu/equatorial-guinea/iceland/

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About this data

Indicator
Taxes on income, profits and capital gains (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
153 places, 4,587 data points, 1972–2024
Last refreshed

Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.