Iceland vs Norway: Taxes on income, profits, and capital gains, Ratio of this level of

Iceland
0.5315
in 2020
Norway
0.5916
in 2020
Iceland rank
69th
Norway rank
67th

Taxes on income, profits, and capital gains, Ratio of this level of over time

  • Iceland
  • Norway
00.20.40.60.8199520072020

How they compare

Norway currently reports 0.5916 against 0.5315 in Iceland, a difference of 0.0601.

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

Across all 23 years both countries report, Norway has been ahead every year.

Iceland ranks 69th and Norway ranks 67th of 80 countries.

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

Head to head by decade

Decade Iceland Norway Difference Ahead
1990s 0.5422 0.5774 0.0353 Norway
2000s 0.5665 0.7381 0.1716 Norway
2010s 0.5478 0.7072 0.1594 Norway
2020s 0.5315 0.5916 0.0601 Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes on income, profits, and capital gains, ratio of this level of, Iceland or Norway?
Norway, at 0.5916 against 0.5315 in Iceland as of 2020.
What is the difference in taxes on income, profits, and capital gains, ratio of this level of between Iceland and Norway?
0.0601, with Norway ahead.
How many years of comparable data are there for Iceland and Norway?
23 years are reported by both, from 1998 to 2020.
How do Iceland and Norway rank globally for taxes on income, profits, and capital gains, ratio of this level of?
Iceland ranks 69th and Norway ranks 67th of 80 countries.
Where does this data come from?
International Monetary Fund, published as Taxes on income, profits, and capital gains, Ratio of this level of government's revenue from this item to total general government revenue from this item, Percent (Central government). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Norway: Taxes on income, profits, and capital gains, Ratio of this level of. Statizoid, drawing on International Monetary Fund. Retrieved 19 September 2026, from https://public-sector.statizoid.com/compare/taxes-on-income-profits-and-capital-gains-ratio-of-this-level-of-government-s-revenue/iceland/norway/

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About this data

Indicator
Taxes on income, profits, and capital gains, Ratio of this level of government's revenue from this item to total general government revenue from this item, Percent (Central government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
80 places, 1,620 data points, 1972–2020
Last refreshed

The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.