Africa Western and Central vs Iceland: Taxes on income, profits and capital gains
Africa Western and Central
23.5%
in 2021
Iceland
34.6%
in 2023
Africa Western and Central rank
34th
Iceland rank
32nd
Taxes on income, profits and capital gains over time
- Africa Western and Central
- Iceland
How they compare
Iceland currently reports 34.6% against 23.5% in Africa Western and Central, a difference of 11.1%.
That makes Iceland's figure about 1.5 times Africa Western and Central's.
Across all 5 years both countries report, Iceland has been ahead every year.
Africa Western and Central ranks 34th and Iceland ranks 32nd of 41 groups.
Iceland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Africa Western and Central | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 22.0% | 30.5% | 8.5% | Iceland |
| 2020s | 23.7% | 32.1% | 8.4% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Africa Western and Central or Iceland?
- Iceland, at 34.6% against 23.5% in Africa Western and Central as of 2023.
- What is the difference in taxes on income, profits and capital gains between Africa Western and Central and Iceland?
- 11.1%, with Iceland ahead.
- How many years of comparable data are there for Africa Western and Central and Iceland?
- 5 years are reported by both, from 2017 to 2021.
- How do Africa Western and Central and Iceland rank globally for taxes on income, profits and capital gains?
- Africa Western and Central ranks 34th and Iceland ranks 32nd of 41 groups.
- 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 (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.