Iceland - Tax revenue (% of GDP)

Tax revenue (% of GDP) in Iceland was at 23.69 % in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 iceland tax revenue percent of gdp wb data




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Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.


Iceland | Public Sector

281.Loans (PSDCG)
298632000000 %
057.Loans (PSDCG) US$
2657824800 USD
261.Loans (PSDCG, ST)
19440000000 %
Other taxes (current LCU)
53787066483 LCU
Tax revenue (current LCU)
524318517282 LCU
Other expense (current LCU)
78918777020 LCU
Expense (current LCU)
681241660564 LCU