Iceland vs Sweden: Taxes on income, profits, and capital gains, Transactions
Taxes on income, profits, and capital gains, Transactions over time
- Iceland
- Sweden
How they compare
Sweden currently reports 1.14 trillion against 920.16 billion in Iceland, a difference of 221.68 billion.
That makes Sweden's figure about 1.2 times Iceland's.
Across all 24 years both countries report, Sweden has been ahead every year.
Iceland ranks 9th and Sweden ranks 6th of 35 countries.
Sweden has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Iceland | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 193.45 billion | 595.03 billion | 401.58 billion | Sweden |
| 2010s | 381.52 billion | 763.47 billion | 381.95 billion | Sweden |
| 2020s | 733.38 billion | 1.05 trillion | 318.56 billion | Sweden |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits, and capital gains, transactions, Iceland or Sweden?
- Sweden, at 1.14 trillion against 920.16 billion in Iceland as of 2025.
- What is the difference in taxes on income, profits, and capital gains, transactions between Iceland and Sweden?
- 221.68 billion, with Sweden ahead.
- How many years of comparable data are there for Iceland and Sweden?
- 24 years are reported by both, from 2002 to 2025.
- How do Iceland and Sweden rank globally for taxes on income, profits, and capital gains, transactions?
- Iceland ranks 9th and Sweden ranks 6th of 35 countries.
- Where does this data come from?
- International Monetary Fund, published as Taxes on income, profits, and capital gains, Transactions (Statement of operations, General government). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Government Finance Statistics (GFS) includes government revenues and expenditures, government net lending / net borrowing (the surplus / deficit) financing transactions and balance sheet data on government assets and liabilities. Statistics are available for different levels of government including budgetary central government, central government and general government.