Taxes on exports in Iceland
Iceland: Taxes on exports was 0.0% in 2010. ◆ Volatile
Taxes on exports in Iceland, 1972–2010
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of tax revenue.
Analysis
In 2010, taxes on exports in Iceland stood at 0.0%.
The figure is down 71.1% on the previous year and down 92.8% over ten years.
Over the whole period, taxes on exports in Iceland peaked at 0.1% in 1979 and was at its lowest, -0.0%, in 1999.
That places Iceland 69th out of 76 countries with data for 2010, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on exports in Iceland, year by year
| Year | % of tax revenue | Change |
|---|---|---|
| 1972 | 0.1% | — |
| 1973 | 0.1% | +42.1% |
| 1974 | 0.1% | -33.9% |
| 1975 | 0.0% | -27.2% |
| 1976 | 0.1% | +124.2% |
| 1977 | 0.1% | +21.1% |
| 1978 | 0.1% | +1.2% |
| 1979 | 0.1% | +6.2% |
| 1980 | 0.1% | -50.7% |
| 1981 | 0.0% | -15.3% |
| 1982 | 0.0% | -26.2% |
| 1983 | 0.0% | +24.7% |
| 1984 | 0.0% | -7.1% |
| 1985 | 0.1% | +22.2% |
| 1986 | 0.0% | -46.8% |
| 1998 | 0.0% | +51.4% |
| 1999 | -0.0% | -177.0% |
| 2000 | 0.0% | -121.2% |
| 2001 | 0.0% | -95.1% |
| 2002 | 0.0% | +0.2% |
| 2003 | 0.0% | +5.9% |
| 2006 | 0.0% | +167.0% |
| 2008 | 0.0% | +85.1% |
| 2009 | 0.0% | -3.3% |
| 2010 | 0.0% | -71.1% |
Iceland compared with similar countries
- Iceland's 0.0% is below the median for high income countries, which is 0.0%, 2% of the median. (17 countries reporting)
- Iceland's 0.0% is below the median for Europe & Central Asia, which is 0.0%, 2% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1% | 0.0% | 0.1% | 8 |
| 1980s | 0.0% | 0.0% | 0.1% | 7 |
| 1990s | 0.0% | -0.0% | 0.0% | 2 |
| 2000s | 0.0% | 0.0% | 0.0% | 7 |
| 2010s | 0.0% | 0.0% | 0.0% | 1 |
Countries ranked near Iceland
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 taxes on exports in Iceland?
- Taxes on exports in Iceland was 0.0% in 2010, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on exports recorded in Iceland?
- The highest recorded value was 0.1% in 1979.
- What is the lowest taxes on exports recorded in Iceland?
- The lowest recorded value was -0.0% in 1999.
- How does Iceland rank for taxes on exports?
- Iceland ranks 69th out of 76 countries with data for 2010.
- Is taxes on exports rising or falling in Iceland?
- Over the last ten years it is down 92.8%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on exports (% of tax revenue). Statizoid updates them automatically from the source API.
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About this data
Export taxes are taxes on goods or services that become payable to government when the goods leave the economic territory or when the services are delivered to non-residents. This indicator is expressed as a percentage of tax revenue which includes compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.