Other taxes, Ratio of this level of government's revenue from this in Iceland
Iceland: Other taxes, Ratio of this level of government's revenue from this was 1 in 2020. ▲ Rising
Other taxes, Ratio of this level of government's revenue from this in Iceland, 1998–2020
Source: International Monetary Fund.
Analysis
Iceland recorded 1 for other taxes, ratio of this level of government's revenue from this in 2020. That is the highest value across all 23 years on record.
The figure is unchanged over ten years.
Over the whole period, other taxes, ratio of this level of government's revenue from this in Iceland peaked at 1 in 2010 and was at its lowest, 0.3468, in 1998.
That places Iceland 2nd out of 72 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 23 years of available data.
Other taxes, Ratio of this level of government's revenue from this in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1998 | 0.3468 | — |
| 1999 | 0.373 | +7.5% |
| 2000 | 0.4134 | +10.8% |
| 2001 | 0.8996 | +117.6% |
| 2002 | 0.8707 | -3.2% |
| 2003 | 0.9345 | +7.3% |
| 2004 | 0.9293 | -0.6% |
| 2005 | 0.9415 | +1.3% |
| 2006 | 0.9553 | +1.5% |
| 2007 | 0.9743 | +2.0% |
| 2008 | 0.9927 | +1.9% |
| 2009 | 0.9996 | +0.7% |
| 2010 | 1 | +0.0% |
| 2011 | 1 | +0.0% |
| 2012 | 1 | +0.0% |
| 2013 | 1 | +0.0% |
| 2014 | 1 | +0.0% |
| 2015 | 1 | +0.0% |
| 2016 | 1 | +0.0% |
| 2017 | 1 | +0.0% |
| 2018 | 1 | +0.0% |
| 2019 | 1 | +0.0% |
| 2020 | 1 | +0.0% |
Iceland compared with similar countries
- Iceland's 1 is above the median for high income countries, which is 0.8679, 1.2× the median. (38 countries reporting)
- Iceland's 1 is above the median for Europe & Central Asia, which is 0.9664, 1.0× the median. (40 countries reporting)
Biggest year-on-year movements
Years where Other taxes, Ratio of this level of government's revenue from this in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | +117.6% | 0.4134 | 0.8996 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3599 | 0.3468 | 0.373 | 2 |
| 2000s | 0.8911 | 0.4134 | 0.9996 | 10 |
| 2010s | 1 | 1 | 1 | 10 |
| 2020s | 1 | 1 | 1 | 1 |
Countries ranked near Iceland
- 1 Kazakhstan 1.01 compare
- 2 Armenia 1 compare
- 2 Azerbaijan 1 compare
- 2 Brazil 1 compare
- 2 Chile 1 compare
- 2 Costa Rica 1 compare
- 2 Cyprus 1 compare
- 2 Denmark 1 compare
- 2 Finland 1 compare
- 2 United Kingdom 1 compare
- 2 Georgia 1 compare
- 2 Greece 1 compare
- 2 Honduras 1 compare
- 2 Indonesia 1 compare
- 2 Ireland 1 compare
- 2 Israel 1 compare
- 2 Lithuania 1 compare
- 2 Moldova 1 compare
- 2 Marshall Islands 1 compare
- 2 Malta 1 compare
- 2 Myanmar 1 compare
- 2 Mauritius 1 compare
- 2 Norway 1 compare
- 2 Senegal 1 compare
- 2 El Salvador 1 compare
- 2 Slovenia 1 compare
- 2 Thailand 1 compare
- 2 South Africa 1 compare
More public sector data for Iceland
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is other taxes, ratio of this level of government's revenue from this in Iceland?
- Other taxes, ratio of this level of government's revenue from this in Iceland was 1 in 2020, according to International Monetary Fund.
- What is the highest other taxes, ratio of this level of government's revenue from this recorded in Iceland?
- The highest recorded value was 1 in 2010.
- What is the lowest other taxes, ratio of this level of government's revenue from this recorded in Iceland?
- The lowest recorded value was 0.3468 in 1998.
- How does Iceland rank for other taxes, ratio of this level of government's revenue from this?
- Iceland ranks 2nd out of 72 countries with data for 2020.
- Is other taxes, ratio of this level of government's revenue from this rising or falling in Iceland?
- Over the last ten years it is unchanged. 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 Other taxes, Ratio of this level of government's revenue from this item to total general government revenue from this item, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
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.