Czechia vs Iceland: Taxes, Transactions
Taxes, Transactions over time
- Czechia
- Iceland
How they compare
Czechia currently reports 1.66 trillion against 1.63 trillion in Iceland, a difference of 24.49 billion.
The two have swapped places 2 times across 24 shared years of data; in 2002 it was Czechia ahead.
Czechia ranks 7th and Iceland ranks 8th of 35 countries.
Czechia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Czechia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 647.55 billion | 396.50 billion | 251.05 billion | Czechia |
| 2010s | 921.47 billion | 760.82 billion | 160.65 billion | Czechia |
| 2020s | 1.38 trillion | 1.32 trillion | 63.25 billion | Czechia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes, transactions, Czechia or Iceland?
- Czechia, at 1.66 trillion against 1.63 trillion in Iceland as of 2025.
- What is the difference in taxes, transactions between Czechia and Iceland?
- 24.49 billion, with Czechia ahead.
- How many years of comparable data are there for Czechia and Iceland?
- 24 years are reported by both, from 2002 to 2025.
- How do Czechia and Iceland rank globally for taxes, transactions?
- Czechia ranks 7th 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.