Tax revenue decentralization, Ratio of this level … total in Iceland
Iceland: Tax revenue decentralization, Ratio of this level … total was 0.6754 in 2020. ▼ Falling
Tax revenue decentralization, Ratio of this level of government's in Iceland, 1990–2020
Source: International Monetary Fund.
Analysis
Iceland recorded 0.6754 for tax revenue decentralization, ratio of this level of government's in 2020. That is the lowest value across all 31 years on record.
That represents a change of down 1.8% on the previous year and down 5.1% over ten years.
Over the whole period, tax revenue decentralization, ratio of this level of government's in Iceland peaked at 0.8022 in 2016 and was at its lowest, 0.6754, in 2020.
That places Iceland 65th out of 80 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Tax revenue decentralization, Ratio of this level … total in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 0.7919 | — |
| 1991 | 0.7799 | -1.5% |
| 1992 | 0.7754 | -0.6% |
| 1993 | 0.7798 | +0.6% |
| 1994 | 0.7859 | +0.8% |
| 1995 | 0.779 | -0.9% |
| 1996 | 0.7848 | +0.7% |
| 1997 | 0.7448 | -5.1% |
| 1998 | 0.7537 | +1.2% |
| 1999 | 0.7621 | +1.1% |
| 2000 | 0.7498 | -1.6% |
| 2001 | 0.7285 | -2.8% |
| 2002 | 0.7302 | +0.2% |
| 2003 | 0.7351 | +0.7% |
| 2004 | 0.7434 | +1.1% |
| 2005 | 0.7519 | +1.1% |
| 2006 | 0.7373 | -1.9% |
| 2007 | 0.73 | -1.0% |
| 2008 | 0.7204 | -1.3% |
| 2009 | 0.7006 | -2.8% |
| 2010 | 0.7113 | +1.5% |
| 2011 | 0.6998 | -1.6% |
| 2012 | 0.7065 | +1.0% |
| 2013 | 0.7038 | -0.4% |
| 2014 | 0.7291 | +3.6% |
| 2015 | 0.716 | -1.8% |
| 2016 | 0.8022 | +12.0% |
| 2017 | 0.7091 | -11.6% |
| 2018 | 0.6963 | -1.8% |
| 2019 | 0.6881 | -1.2% |
| 2020 | 0.6754 | -1.8% |
Iceland compared with similar countries
- Iceland's 0.6754 is below the median for high income countries, which is 0.8224, 82% of the median. (42 countries reporting)
- Iceland's 0.6754 is below the median for Europe & Central Asia, which is 0.8745, 77% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.7737 | 0.7448 | 0.7919 | 10 |
| 2000s | 0.7327 | 0.7006 | 0.7519 | 10 |
| 2010s | 0.7162 | 0.6881 | 0.8022 | 10 |
| 2020s | 0.6754 | 0.6754 | 0.6754 | 1 |
Countries ranked near Iceland
More public sector data for Iceland
- Democracy, 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)
- Elected parliament, 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)
- 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)
Frequently asked questions
- What is tax revenue decentralization, ratio of this level of government's in Iceland?
- Tax revenue decentralization, ratio of this level of government's in Iceland was 0.6754 in 2020, according to International Monetary Fund.
- What is the highest tax revenue decentralization, ratio of this level of government's recorded in Iceland?
- The highest recorded value was 0.8022 in 2016.
- What is the lowest tax revenue decentralization, ratio of this level of government's recorded in Iceland?
- The lowest recorded value was 0.6754 in 2020.
- How does Iceland rank for tax revenue decentralization, ratio of this level of government's?
- Iceland ranks 65th out of 80 countries with data for 2020.
- Is tax revenue decentralization, ratio of this level of government's rising or falling in Iceland?
- Over the last ten years it is down 5.1%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund, published as part of Tax revenue decentralization, 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.