Iceland vs Lithuania: Taxes on income, profits and capital gains
Iceland
47.2%
in 2023
Lithuania
48.3%
in 2024
Iceland rank
39th
Lithuania rank
38th
Taxes on income, profits and capital gains over time
- Iceland
- Lithuania
How they compare
Lithuania currently reports 48.3% against 47.2% in Iceland, a difference of 1.1%.
The two have swapped places 4 times across 32 shared years of data; in 1991 it was Lithuania ahead.
Iceland ranks 39th and Lithuania ranks 38th of 153 countries.
Across the 4 decades both report, Iceland averaged higher in 1 and Lithuania in 3.
Head to head by decade
| Decade | Iceland | Lithuania | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 28.2% | 39.6% | 11.4% | Lithuania |
| 2000s | 37.2% | 42.0% | 4.9% | Lithuania |
| 2010s | 39.0% | 32.2% | 6.8% | Iceland |
| 2020s | 44.7% | 45.7% | 1.0% | Lithuania |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Iceland or Lithuania?
- Lithuania, at 48.3% against 47.2% in Iceland as of 2024.
- What is the difference in taxes on income, profits and capital gains between Iceland and Lithuania?
- 1.1%, with Lithuania ahead.
- How many years of comparable data are there for Iceland and Lithuania?
- 32 years are reported by both, from 1991 to 2023.
- How do Iceland and Lithuania rank globally for taxes on income, profits and capital gains?
- Iceland ranks 39th and Lithuania ranks 38th 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.