How many years of comparable data are there for Iceland and Philippines?

34 years are reported by both, from 1990 to 2023.

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.

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

Iceland

34.6%

in 2023

Philippines

34.7%

in 2024

Iceland rank

32nd

Philippines rank

30th

Taxes on income, profits and capital gains over time

Iceland
Philippines

How they compare

Philippines currently reports 34.7% against 34.6% in Iceland, a difference of 0.1%.

Across all 34 years both countries report, Philippines has been ahead every year.

Iceland ranks 32nd and Philippines ranks 30th of 153 countries.

Philippines has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade	Iceland	Philippines	Difference	Ahead
1990s	21.5%	32.5%	11.0%	Philippines
2000s	26.0%	39.4%	13.4%	Philippines
2010s	26.4%	40.6%	14.2%	Philippines
2020s	32.9%	35.9%	3.0%	Philippines

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes on income, profits and capital gains, Iceland or Philippines?: Philippines, at 34.7% against 34.6% in Iceland as of 2024.
What is the difference in taxes on income, profits and capital gains between Iceland and Philippines?: 0.1%, with Philippines ahead.
How many years of comparable data are there for Iceland and Philippines?: 34 years are reported by both, from 1990 to 2023.
How do Iceland and Philippines rank globally for taxes on income, profits and capital gains?: Iceland ranks 32nd and Philippines ranks 30th 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 (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Philippines: Taxes on income, profits and capital gains. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 17 September 2026, from https://public-sector.statizoid.com/compare/taxes-on-income-profits-and-capital-gains-percent-of-revenue/iceland/philippines/

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About this data

Indicator: Taxes on income, profits and capital gains (% of revenue)
Unit: % of revenue
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 194 places, 5,670 data points, 1972–2024
Last refreshed: 17 September 2026

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.