Iceland vs Serbia: Taxes on income, profits and capital gains

Iceland
477.81 billion current LCU
in 2023
Serbia
512.63 billion current LCU
in 2022
Iceland rank
50th
Serbia rank
49th

Taxes on income, profits and capital gains over time

  • Iceland
  • Serbia
0200.0B400.0B600.0B197219972023

How they compare

Serbia currently reports 512.63 billion current LCU against 477.81 billion current LCU in Iceland, a difference of 34.81 billion current LCU.

That makes Serbia's figure about 1.1 times Iceland's.

The two have swapped places 1 time across 16 shared years of data; in 2007 it was Iceland ahead.

Iceland ranks 50th and Serbia ranks 49th of 153 countries.

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

Head to head by decade

Decade Iceland Serbia Difference Ahead
2000s 144.39 billion current LCU 100.15 billion current LCU 44.24 billion current LCU Iceland
2010s 208.96 billion current LCU 219.43 billion current LCU 10.47 billion current LCU Serbia
2020s 327.72 billion current LCU 389.12 billion current LCU 61.39 billion current LCU Serbia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes on income, profits and capital gains, Iceland or Serbia?
Serbia, at 512.63 billion current LCU against 477.81 billion current LCU in Iceland as of 2022.
What is the difference in taxes on income, profits and capital gains between Iceland and Serbia?
34.81 billion current LCU, with Serbia ahead.
How many years of comparable data are there for Iceland and Serbia?
16 years are reported by both, from 2007 to 2022.
How do Iceland and Serbia rank globally for taxes on income, profits and capital gains?
Iceland ranks 50th and Serbia ranks 49th 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.

Individual pages

Share, cite or embed this page

Cite this page

Iceland vs Serbia: Taxes on income, profits and capital gains. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 12 September 2026, from https://public-sector.statizoid.com/compare/taxes-on-income-profits-and-capital-gains-current-lcu/iceland/serbia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://public-sector.statizoid.com/compare/taxes-on-income-profits-and-capital-gains-current-lcu/iceland/serbia/">Iceland vs Serbia: Taxes on income, profits and capital gains</a> — Statizoid

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.