Tax revenue (current LCU), per capita in Iceland

Iceland: Tax revenue (current LCU), per capita was 2.63 million current LCU per person in 2023. ◆ Volatile

Latest (2023)
2.63 million current LCU per person
Change on year
up 14.7%
World rank
10th
of 157 countries
All-time high
2.82 million current LCU per person
in 2016
All-time low
808.56 current LCU per person
in 1972
Years of data
52
1972–2023

Tax revenue (current LCU), per capita in Iceland, 1972–2023

01.0M2.0M3.0M197219972023

Source: Statizoid (derived). Measured in current LCU per person.

Analysis

The most recent figure for tax revenue (current lcu), per capita in Iceland is 2.63 million current LCU per person, measured in 2023.

The figure is up 14.7% on the previous year and up 99.3% over ten years.

Over the whole period, tax revenue (current lcu), per capita in Iceland peaked at 2.82 million current LCU per person in 2016 and was at its lowest, 808.56 current LCU per person, in 1972.

That places Iceland 10th out of 157 countries with data for 2023, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Tax revenue (current LCU), per capita in Iceland, year by year

Annual values for Tax revenue (current LCU), per capita in Iceland, 1972 to 2023.
Year current LCU per person Change
1972 808.56 current LCU per person
1973 1,121 current LCU per person +38.6%
1974 1,673 current LCU per person +49.2%
1975 2,270 current LCU per person +35.7%
1976 3,007 current LCU per person +32.5%
1977 4,109 current LCU per person +36.6%
1978 6,443 current LCU per person +56.8%
1979 9,760 current LCU per person +51.5%
1980 15,083 current LCU per person +54.5%
1981 24,661 current LCU per person +63.5%
1982 38,869 current LCU per person +57.6%
1983 59,654 current LCU per person +53.5%
1984 79,389 current LCU per person +33.1%
1985 103,153 current LCU per person +29.9%
1986 136,921 current LCU per person +32.7%
1987 179,711 current LCU per person +31.3%
1988 234,608 current LCU per person +30.5%
1989 299,982 current LCU per person +27.9%
1990 347,800 current LCU per person +15.9%
1991 361,431 current LCU per person +3.9%
1992 361,517 current LCU per person +0.0%
1993 358,767 current LCU per person -0.8%
1994 373,874 current LCU per person +4.2%
1995 387,901 current LCU per person +3.8%
1996 430,595 current LCU per person +11.0%
1997 435,447 current LCU per person +1.1%
1998 527,461 current LCU per person +21.1%
1999 605,737 current LCU per person +14.8%
2000 633,484 current LCU per person +4.6%
2001 640,882 current LCU per person +1.2%
2002 671,157 current LCU per person +4.7%
2003 716,995 current LCU per person +6.8%
2004 822,867 current LCU per person +14.8%
2005 974,492 current LCU per person +18.4%
2006 1.09 million current LCU per person +11.4%
2007 1.16 million current LCU per person +6.5%
2008 1.14 million current LCU per person -1.2%
2009 1.02 million current LCU per person -10.8%
2010 1.07 million current LCU per person +5.0%
2011 1.14 million current LCU per person +6.5%
2012 1.24 million current LCU per person +8.6%
2013 1.32 million current LCU per person +6.5%
2014 1.56 million current LCU per person +18.4%
2015 1.58 million current LCU per person +1.5%
2016 2.82 million current LCU per person +77.7%
2017 1.84 million current LCU per person -34.7%
2018 1.85 million current LCU per person +0.7%
2019 1.84 million current LCU per person -0.7%
2020 1.79 million current LCU per person -2.7%
2021 1.88 million current LCU per person +5.2%
2022 2.29 million current LCU per person +21.6%
2023 2.63 million current LCU per person +14.7%

Averages by decade

DecadeAverage LowestHighest Years
1970s 3,649 current LCU per person 808.56 current LCU per person 9,760 current LCU per person 8
1980s 117,203 current LCU per person 15,083 current LCU per person 299,982 current LCU per person 10
1990s 419,053 current LCU per person 347,800 current LCU per person 605,737 current LCU per person 10
2000s 886,031 current LCU per person 633,484 current LCU per person 1.16 million current LCU per person 10
2010s 1.63 million current LCU per person 1.07 million current LCU per person 2.82 million current LCU per person 10
2020s 2.15 million current LCU per person 1.79 million current LCU per person 2.63 million current LCU per person 4

Countries ranked near Iceland

  1. 7 Mongolia 3.86 million current LCU per person compare
  2. 8 Lao People's Democratic Republic 3.48 million current LCU per person compare
  3. 9 Chile 2.87 million current LCU per person compare
  4. 11 Indonesia 2.55 million current LCU per person compare
  5. 12 Hungary 1.94 million current LCU per person compare
  6. 13 Argentina 1.33 million current LCU per person compare

See the full ranking of 157 places →

More public sector data for Iceland

All data for Iceland →

Frequently asked questions

What is tax revenue (current lcu), per capita in Iceland?
Tax revenue (current lcu), per capita in Iceland was 2.63 million current LCU per person in 2023, according to Statizoid (derived).
What is the highest tax revenue (current lcu), per capita recorded in Iceland?
The highest recorded value was 2.82 million current LCU per person in 2016.
What is the lowest tax revenue (current lcu), per capita recorded in Iceland?
The lowest recorded value was 808.56 current LCU per person in 1972.
How does Iceland rank for tax revenue (current lcu), per capita?
Iceland ranks 10th out of 157 countries with data for 2023.
Is tax revenue (current lcu), per capita rising or falling in Iceland?
Over the last ten years it is up 99.3%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from Statizoid (derived), published as part of Tax revenue (current LCU), per capita. Statizoid updates them automatically from the source API.

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Tax revenue (current LCU), per capita in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 24 August 2026, from https://public-sector.statizoid.com/stat/tax-revenue-current-lcu-per-capita/iceland/

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How this figure is calculated

Tax revenue (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Tax revenue (current LCU) ÷ Population, total

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Tax revenue (current LCU), per capita
Unit
current LCU per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
157 places, 4,711 data points, 1972–2024
Last refreshed

Tax revenue (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.