Bhutan vs Iceland: Taxes on income, profits and capital gains
Bhutan
48.9%
in 2020
Iceland
47.2%
in 2023
Bhutan rank
36th
Iceland rank
39th
Taxes on income, profits and capital gains over time
- Bhutan
- Iceland
How they compare
Bhutan currently reports 48.9% against 47.2% in Iceland, a difference of 1.7%.
The two have swapped places 2 times across 38 shared years of data; in 1982 it was Bhutan ahead.
Bhutan ranks 36th and Iceland ranks 39th of 153 countries.
Bhutan has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Bhutan | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 29.0% | 13.4% | 15.6% | Bhutan |
| 1990s | 40.5% | 27.5% | 13.0% | Bhutan |
| 2000s | 54.5% | 37.2% | 17.4% | Bhutan |
| 2010s | 54.7% | 39.0% | 15.7% | Bhutan |
| 2020s | 48.9% | 43.8% | 5.1% | Bhutan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Bhutan or Iceland?
- Bhutan, at 48.9% against 47.2% in Iceland as of 2020.
- What is the difference in taxes on income, profits and capital gains between Bhutan and Iceland?
- 1.7%, with Bhutan ahead.
- How many years of comparable data are there for Bhutan and Iceland?
- 38 years are reported by both, from 1982 to 2020.
- How do Bhutan and Iceland rank globally for taxes on income, profits and capital gains?
- Bhutan ranks 36th and Iceland ranks 39th 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 total taxes). 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 total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.