Environmental taxes, Taxes on transport (excluding fuel for transport) in Iceland

Iceland: Environmental taxes, Taxes on transport (excluding fuel for transport) was 19.35 billion in 2022. ▲ Rising

Latest (2022)
19.35 billion
Change on year
up 30.7%
World rank
34th
of 119 countries
All-time high
20.35 billion
in 2017
All-time low
5.98 billion
in 1995
Years of data
28
1995–2022

Environmental taxes, Taxes on transport (excluding fuel for transport) in Iceland, 1995–2022

5.0B10.0B15.0B20.0B1995200820221995: 6.0B1996: 7.4B1997: 8.1B1998: 13.0B1999: 14.5B2000: 14.5B2001: 12.7B2002: 12.8B2003: 15.2B2004: 17.2B2005: 20.1B2006: 16.9B2007: 18.6B2008: 14.1B2009: 9.2B2010: 9.8B2011: 10.7B2012: 12.1B2013: 11.9B2014: 13.0B2015: 15.3B2016: 17.8B2017: 20.4B2018: 20.1B2019: 17.1B2020: 15.1B2021: 14.8B2022: 19.4B

Source: International Monetary Fund.

Analysis

In 2022, environmental taxes, taxes on transport (excluding fuel for transport) in Iceland stood at 19.35 billion.

Compared with earlier readings it is up 30.7% on the previous year and up 59.7% over ten years.

Over the whole period, environmental taxes, taxes on transport (excluding fuel for transport) in Iceland peaked at 20.35 billion in 2017 and was at its lowest, 5.98 billion, in 1995.

Iceland ranks 34th of 119 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 28 years of available data.

Environmental taxes, Taxes on transport (excluding fuel for transport) in Iceland, year by year

Annual values for Environmental taxes, Taxes on transport (excluding fuel for transport) (Domestic Currency) in Iceland, 1995 to 2022.
Year Value Change
1995 5.98 billion
1996 7.37 billion +23.4%
1997 8.10 billion +9.9%
1998 13.00 billion +60.5%
1999 14.53 billion +11.8%
2000 14.49 billion -0.3%
2001 12.71 billion -12.3%
2002 12.84 billion +1.0%
2003 15.16 billion +18.1%
2004 17.24 billion +13.7%
2005 20.06 billion +16.4%
2006 16.88 billion -15.8%
2007 18.60 billion +10.2%
2008 14.11 billion -24.1%
2009 9.17 billion -35.0%
2010 9.84 billion +7.3%
2011 10.68 billion +8.5%
2012 12.11 billion +13.5%
2013 11.90 billion -1.8%
2014 13.04 billion +9.6%
2015 15.35 billion +17.7%
2016 17.79 billion +15.9%
2017 20.35 billion +14.4%
2018 20.08 billion -1.3%
2019 17.10 billion -14.8%
2020 15.11 billion -11.6%
2021 14.80 billion -2.0%
2022 19.35 billion +30.7%

Iceland compared with similar countries

  • Iceland's 19.35 billion is above the median for high income countries, which is 2.35 billion, 8.2× the median. (50 countries reporting)
  • Iceland's 19.35 billion is above the median for Europe & Central Asia, which is 3.38 billion, 5.7× the median. (42 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 9.80 billion 5.98 billion 14.53 billion 5
2000s 15.13 billion 9.17 billion 20.06 billion 10
2010s 14.82 billion 9.84 billion 20.35 billion 10
2020s 16.42 billion 14.80 billion 19.35 billion 3

Countries ranked near Iceland

  1. 31 South Africa 19.94 billion compare
  2. 32 Norway 19.89 billion compare
  3. 33 Dominican Republic 19.43 billion compare
  4. 35 Guyana 17.94 billion compare
  5. 36 Czechia 17.87 billion compare
  6. 37 Uruguay 15.97 billion compare

See the full ranking of 119 places →

More public sector data for Iceland

All data for Iceland →

Frequently asked questions

What is environmental taxes, taxes on transport (excluding fuel for transport) in Iceland?
Environmental taxes, taxes on transport (excluding fuel for transport) in Iceland was 19.35 billion in 2022, according to International Monetary Fund.
What is the highest environmental taxes, taxes on transport (excluding fuel for transport) recorded in Iceland?
The highest recorded value was 20.35 billion in 2017.
What is the lowest environmental taxes, taxes on transport (excluding fuel for transport) recorded in Iceland?
The lowest recorded value was 5.98 billion in 1995.
How does Iceland rank for environmental taxes, taxes on transport (excluding fuel for transport)?
Iceland ranks 34th out of 119 countries with data for 2022.
Is environmental taxes, taxes on transport (excluding fuel for transport) rising or falling in Iceland?
Over the last ten years it is up 59.7%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from International Monetary Fund, published as part of Environmental taxes, Taxes on transport (excluding fuel for transport) (Domestic Currency). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 28 observations, free to reuse under IMF Terms and Conditions (attribution required).

Share, cite or embed this page

Cite this page

Environmental taxes, Taxes on transport (excluding fuel for transport) in Iceland. Statizoid, drawing on International Monetary Fund. Retrieved 16 September 2026, from https://public-sector.statizoid.com/stat/environmental-taxes-taxes-on-transport-excluding-fuel-for-transport-domestic-currency/iceland/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under IMF Terms and Conditions (attribution required); please keep the attribution.

<a href="https://public-sector.statizoid.com/stat/environmental-taxes-taxes-on-transport-excluding-fuel-for-transport-domestic-currency/iceland/">Environmental taxes, Taxes on transport (excluding fuel for transport) in Iceland</a> — Statizoid

About this data

Indicator
Environmental taxes, Taxes on transport (excluding fuel for transport) (Domestic Currency)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
119 places, 2,394 data points, 1995–2022
Last refreshed

This dataset tracks government revenue from taxes imposed on activities that negatively impact the environment. These taxes are categorized into four types: energy taxes (including fuel for transport), transport taxes (excluding fuel for transport), pollution taxes, and resource taxes.