Brazil vs Iceland: Taxes, Transactions
Taxes, Transactions over time
- Brazil
- Iceland
How they compare
Brazil currently reports 3.27 trillion against 1.63 trillion in Iceland, a difference of 1.64 trillion.
That makes Brazil's figure about 2.0 times Iceland's.
Across all 16 years both countries report, Brazil has been ahead every year.
Brazil ranks 5th and Iceland ranks 8th of 35 countries.
Brazil has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Brazil | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1.34 trillion | 760.82 billion | 582.18 billion | Brazil |
| 2020s | 2.55 trillion | 1.32 trillion | 1.23 trillion | Brazil |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes, transactions, Brazil or Iceland?
- Brazil, at 3.27 trillion against 1.63 trillion in Iceland as of 2025.
- What is the difference in taxes, transactions between Brazil and Iceland?
- 1.64 trillion, with Brazil ahead.
- How many years of comparable data are there for Brazil and Iceland?
- 16 years are reported by both, from 2010 to 2025.
- How do Brazil and Iceland rank globally for taxes, transactions?
- Brazil ranks 5th and Iceland ranks 8th of 35 countries.
- Where does this data come from?
- International Monetary Fund, published as Taxes, 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.