Revenue decentralization, Percent in Iceland
Iceland: Revenue decentralization, Percent was 0.6996 in 2020. ▬ Flat
Revenue decentralization, Percent in Iceland, 1990–2020
Source: International Monetary Fund.
Analysis
The most recent figure for revenue decentralization, percent in Iceland is 0.6996, measured in 2020.
That represents a change of down 2.8% on the previous year and down 7.0% over ten years.
Over the whole period, revenue decentralization, percent in Iceland peaked at 0.8101 in 2016 and was at its lowest, 0.6822, in 1997.
That places Iceland 29th out of 67 countries with data for 2020, putting it in the middle of the range.
Revenue decentralization, Percent in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 0.7617 | — |
| 1991 | 0.7252 | -4.8% |
| 1992 | 0.7167 | -1.2% |
| 1993 | 0.7173 | +0.1% |
| 1994 | 0.7217 | +0.6% |
| 1995 | 0.7157 | -0.8% |
| 1996 | 0.7129 | -0.4% |
| 1997 | 0.6822 | -4.3% |
| 1998 | 0.7585 | +11.2% |
| 1999 | 0.7672 | +1.1% |
| 2000 | 0.7583 | -1.2% |
| 2001 | 0.7411 | -2.3% |
| 2002 | 0.7387 | -0.3% |
| 2003 | 0.7403 | +0.2% |
| 2004 | 0.7451 | +0.7% |
| 2005 | 0.7692 | +3.2% |
| 2006 | 0.7605 | -1.1% |
| 2007 | 0.7541 | -0.8% |
| 2008 | 0.7795 | +3.4% |
| 2009 | 0.7604 | -2.5% |
| 2010 | 0.7525 | -1.0% |
| 2011 | 0.7485 | -0.5% |
| 2012 | 0.7514 | +0.4% |
| 2013 | 0.7478 | -0.5% |
| 2014 | 0.7589 | +1.5% |
| 2015 | 0.747 | -1.6% |
| 2016 | 0.8101 | +8.4% |
| 2017 | 0.7413 | -8.5% |
| 2018 | 0.7346 | -0.9% |
| 2019 | 0.72 | -2.0% |
| 2020 | 0.6996 | -2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.7279 | 0.6822 | 0.7672 | 10 |
| 2000s | 0.7547 | 0.7387 | 0.7795 | 10 |
| 2010s | 0.7512 | 0.72 | 0.8101 | 10 |
| 2020s | 0.6996 | 0.6996 | 0.6996 | 1 |
Countries ranked near Iceland
- 26 Australia 0.7312 compare
- 27 Bosnia and Herzegovina 0.7309 compare
- 28 Kazakhstan 0.7072 compare
- 30 Albania 0.6955 compare
- 31 Uzbekistan 0.6923 compare
- 32 Mongolia 0.6882 compare
More public sector data for Iceland
- Military expenditure (current USD), per capita 0 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 0 current USD (2024)
- Military expenditure (current USD), per square kilometre 0 current USD per square kilometre (2023)
- Tax revenue 23.2% (2023)
- Capital stock, General government, Current prices, Domestic currency 1,595 (2019)
- Taxes on income, profits and capital gains 34.6% (2023)
- Capital stock, General government, Constant prices, Percent of GDP 51.25 (2019)
- Capital stock, General government, Constant prices, Purchasing power 10.26 (2019)
- Taxes on goods and services 35.2% (2023)
Frequently asked questions
- What is revenue decentralization, percent in Iceland?
- Revenue decentralization, percent in Iceland was 0.6996 in 2020, according to International Monetary Fund.
- What is the highest revenue decentralization, percent recorded in Iceland?
- The highest recorded value was 0.8101 in 2016.
- What is the lowest revenue decentralization, percent recorded in Iceland?
- The lowest recorded value was 0.6822 in 1997.
- How does Iceland rank for revenue decentralization, percent?
- Iceland ranks 29th out of 67 countries with data for 2020.
- Is revenue decentralization, percent rising or falling in Iceland?
- Over the last ten years it is down 7.0%. The long-run trend across the full record is flat.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund, published as part of Revenue decentralization, 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.