Iceland - Government Revenue 2016
58.17%
+15.54% from 2015
Iceland's government revenue was 58.17% in 2016, increased +15.54% from 42.63% in 2015. This was the 8th highest globally.
Global Ranking - 2016▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Tuvalu | 147.07% | 11.7% |
| 2nd | Kiribati | 119.11% | -10.8% |
| 3rd | Nauru | 114.90% | 19.6% |
| 4th | Micronesia, Federated States of | 70.02% | 4.6% |
| 5th | Kuwait | 67.20% | -6.6% |
| 6th | Marshall Islands | 60.63% | 2.6% |
| 7th | Dominica | 59.63% | 36.2% |
| 8th | Iceland | 58.17% | 36.5% |
| 9th | Timor-Leste | 56.44% | -13.0% |
| 10th | Norway | 54.44% | 0.5% |
| 11th | France | 53.62% | -0.2% |
| 12th | Finland | 53.40% | 0.2% |
| 13th | Denmark | 52.65% | -1.6% |
| 14th | Belgium | 50.95% | -0.9% |
| 15th | Greece | 50.57% | 3.6% |
| 16th | Sweden | 50.38% | 2.6% |
| 17th | Austria | 49.19% | -3.1% |
| 18th | South Sudan | 46.69% | 165.9% |
| 19th | Italy | 46.58% | -2.5% |
| 20th | Germany | 45.87% | 1.0% |
| 21st | Slovenia | 44.91% | -3.7% |
| 22nd | Hungary | 44.87% | -7.2% |
| 23rd | Croatia | 44.82% | 1.8% |
| 24th | Lesotho | 44.69% | -11.3% |
| 25th | Netherlands | 44.14% | 1.7% |
| 26th | Portugal | 42.92% | -2.1% |
| 27th | Luxembourg | 41.94% | 0.6% |
| 28th | Bosnia and Herzegovina | 41.80% | -1.6% |
| 29th | Montenegro | 41.52% | 1.6% |
| 30th | Palau | 41.11% | 1.4% |
| 31st | Canada | 40.30% | 0.9% |
| 32nd | Cyprus | 40.08% | -5.1% |
| 33rd | Czechia | 40.06% | -2.4% |
| 34th | Serbia | 39.22% | 4.0% |
| 35th | Belarus | 39.02% | 0.6% |
| 36th | Poland | 38.67% | -0.6% |
| 37th | Tonga | 38.64% | 11.6% |
| 38th | Andorra | 38.64% | 10.4% |
| 39th | Ukraine | 38.33% | -8.5% |
| 40th | Slovak Republic | 38.31% | -7.3% |
| 41st | Estonia | 38.29% | -1.9% |
| 42nd | Spain | 37.87% | -1.4% |
| 43rd | Brazil | 37.51% | 1.6% |
| 44th | New Zealand | 37.39% | -0.4% |
| 45th | Latvia | 37.00% | -0.3% |
| 46th | Malta | 36.55% | -1.2% |
| 47th | United Kingdom | 36.32% | 1.4% |
| 48th | Israel | 36.12% | -0.7% |
| 49th | Solomon Islands | 36.05% | -14.7% |
| 50th | Australia | 34.87% | 1.1% |
| 51st | Argentina | 34.87% | -1.4% |
| 52nd | Botswana | 34.83% | 5.6% |
| 53rd | Lithuania | 34.51% | 0.2% |
| 54th | Seychelles | 34.49% | 4.8% |
| 55th | Vanuatu | 34.49% | 2.2% |
| 56th | Bulgaria | 34.26% | -0.8% |
| 57th | Azerbaijan | 34.26% | 1.1% |
| 58th | Ecuador | 33.84% | -9.1% |
| 59th | Japan | 33.63% | 0.0% |
| 60th | São Tomé and Principe | 33.29% | -2.0% |
| 61st | Kyrgyz Republic | 33.13% | -6.8% |
| 62nd | Russian Federation | 32.92% | 3.2% |
| 63rd | Bolivia, Plurinational State of | 32.75% | -12.8% |
| 64th | Switzerland | 32.68% | -1.1% |
| 65th | Namibia | 32.46% | -8.2% |
| 66th | Türkiye | 32.08% | 0.5% |
| 67th | Liberia | 31.92% | -4.4% |
| 68th | United States | 30.98% | -1.7% |
| 69th | Qatar | 30.94% | -45.7% |
| 70th | Macao SAR, China | 30.24% | -4.8% |
| 71st | St. Kitts and Nevis | 29.82% | -14.1% |
| 72nd | Tajikistan | 29.74% | -0.7% |
| 73rd | Eritrea | 29.50% | 4.2% |
| 74th | Romania | 29.32% | -10.7% |
| 75th | Moldova | 28.90% | -2.9% |
| 76th | United Arab Emirates | 28.75% | 43.4% |
| 77th | North Macedonia | 28.41% | -1.2% |
| 78th | China | 28.37% | -0.5% |
| 79th | West Bank and Gaza | 28.32% | 5.8% |
| 80th | Afghanistan | 28.16% | 14.6% |
| 81st | Bhutan | 28.14% | 4.0% |
| 82nd | Iraq | 27.92% | -8.9% |
| 83rd | Colombia | 27.72% | -0.1% |
| 84th | Albania | 27.64% | 4.5% |
| 85th | Maldives | 27.41% | 0.5% |
| 86th | Liechtenstein | 27.24% | -2.2% |
| 87th | St. Vincent and the Grenadines | 27.10% | 5.9% |
| 88th | Samoa | 27.00% | 0.9% |
| 89th | Uruguay | 26.99% | 1.9% |
| 90th | Honduras | 26.99% | 6.9% |
| 91st | Ireland | 26.75% | 2.5% |
| 92nd | Fiji | 26.38% | -1.3% |
| 93rd | Georgia | 26.33% | 1.9% |
| 94th | Jamaica | 26.29% | 2.4% |
| 95th | Grenada | 26.22% | 7.2% |
| 96th | South Africa | 26.18% | 1.5% |
| 97th | Jordan | 26.12% | 6.2% |
| 98th | Eswatini | 25.62% | -10.4% |
| 99th | Barbados | 25.61% | 10.4% |
| 100th | Algeria | 25.33% | -6.3% |
| 101st | Djibouti | 25.12% | -4.9% |
| 102nd | Oman | 24.99% | -19.6% |
| 103rd | Nicaragua | 24.92% | 4.6% |
| 104th | Mongolia | 24.38% | -6.7% |
| 105th | El Salvador | 24.36% | 3.8% |
| 106th | Congo, Republic of | 24.26% | 3.3% |
| 107th | Morocco | 24.13% | 0.9% |
| 108th | Uzbekistan | 24.01% | -1.2% |
| 109th | Cabo Verde | 23.92% | -2.5% |
| 110th | Mexico | 23.84% | 5.0% |
| 111th | Mozambique | 23.67% | -7.6% |
| 112th | Aruba | 23.66% | -1.0% |
| 113th | Antigua and Barbuda | 23.64% | 5.5% |
| 114th | San Marino | 23.25% | 1.2% |
| 115th | Belize | 23.19% | 1.7% |
| 116th | Rwanda | 22.87% | -4.4% |
| 117th | Chile | 22.71% | -1.0% |
| 118th | Hong Kong SAR, China | 22.64% | 21.5% |
| 119th | Guyana | 21.97% | 4.7% |
| 120th | St. Lucia | 21.85% | 3.2% |
| 121st | Thailand | 21.77% | -3.1% |
| 122nd | Armenia | 21.42% | -0.4% |
| 123rd | Trinidad and Tobago | 21.39% | -20.1% |
| 124th | Tunisia | 21.34% | -5.1% |
| 125th | Mauritania | 20.97% | -9.7% |
| 126th | Senegal | 20.69% | 7.3% |
| 127th | Mauritius | 20.58% | 1.6% |
| 128th | Malaysia | 20.26% | -8.6% |
| 129th | Nepal | 20.16% | 11.2% |
| 130th | India | 20.11% | 1.3% |
| 131st | Saudi Arabia | 20.10% | -14.7% |
| 132nd | Korea | 20.07% | 4.0% |
| 133rd | Panama | 19.40% | 1.7% |
| 134th | Lebanon | 19.40% | 1.2% |
| 135th | Egypt, Arab Republic of | 19.17% | -8.2% |
| 136th | Puerto Rico (US) | 19.13% | -1.4% |
| 137th | Viet Nam | 19.07% | -0.6% |
| 138th | Myanmar | 18.74% | -3.5% |
| 139th | Burkina Faso | 18.55% | 1.5% |
| 140th | Singapore | 18.53% | 7.2% |
| 141st | Peru | 18.39% | -7.9% |
| 142nd | Mali | 18.31% | -4.2% |
| 143rd | Philippines | 18.27% | 1.9% |
| 144th | Zambia | 18.24% | -2.8% |
| 145th | Kenya | 17.89% | 4.4% |
| 146th | Suriname | 17.72% | -17.9% |
| 147th | Brunei Darussalam | 17.67% | -26.8% |
| 148th | Paraguay | 17.33% | -1.2% |
| 149th | Gabon | 17.14% | -18.9% |
| 150th | Kazakhstan | 17.01% | 2.4% |
| 151st | Equatorial Guinea | 16.90% | -36.2% |
| 152nd | Bahamas, The | 16.75% | 11.1% |
| 153rd | Bahrain | 16.70% | -4.0% |
| 154th | Papua New Guinea | 16.12% | -11.9% |
| 155th | Lao PDR | 16.02% | -20.7% |
| 156th | Guinea | 15.99% | 5.5% |
| 157th | Togo | 15.88% | 0.1% |
| 158th | Burundi | 15.46% | -0.9% |
| 159th | Angola | 15.44% | -27.5% |
| 160th | Guinea-Bissau | 15.18% | -17.3% |
| 161st | Cambodia | 14.94% | 8.1% |
| 162nd | Niger | 14.90% | -14.8% |
| 163rd | Malawi | 14.84% | -3.3% |
| 164th | Tanzania | 14.83% | 6.0% |
| 165th | Iran, Islamic Republic of | 14.64% | 14.0% |
| 166th | Côte d'Ivoire | 14.60% | 1.0% |
| 167th | Indonesia | 14.36% | -3.5% |
| 168th | Cameroon | 14.30% | -9.6% |
| 169th | Dominican Republic | 13.90% | -16.7% |
| 170th | Pakistan | 13.79% | 5.3% |
| 171st | Costa Rica | 13.66% | 3.2% |
| 172nd | Congo, Democratic Republic of | 13.40% | -8.8% |
| 173rd | Comoros | 13.39% | -38.2% |
| 174th | Sri Lanka | 13.22% | 4.7% |
| 175th | Gambia, The | 13.15% | -7.4% |
| 176th | Ghana | 13.15% | -10.1% |
| 177th | Libya | 12.75% | -49.1% |
| 178th | Uganda | 12.55% | 2.0% |
| 179th | Madagascar | 12.44% | 22.2% |
| 180th | Central African Republic | 12.25% | 0.7% |
| 181st | Zimbabwe | 11.97% | -9.9% |
| 182nd | Turkmenistan | 11.74% | -29.4% |
| 183rd | Guatemala | 11.46% | 3.1% |
| 184th | Benin | 11.14% | -11.6% |
| 185th | Haiti | 10.67% | -5.4% |
| 186th | Chad | 9.70% | -7.6% |
| 187th | Sierra Leone | 9.52% | -6.6% |
| 188th | Bangladesh | 8.44% | 2.7% |
| 189th | Yemen, Republic of | 7.56% | -29.2% |
| 190th | Sudan | 6.06% | -28.8% |
| 191st | Nigeria | 3.63% | -29.4% |
| 192nd | Somalia, Fed. Rep. | 2.31% | 12.1% |
FAQ
What was Iceland's government revenue in 2016?▾
Iceland's government revenue in 2016 was 58.17%. This ranked 8th globally.
How did Iceland's government revenue change in 2016?▾
Iceland's government revenue increased by 36.5% in 2016 compared to 2015.
Which country had the highest government revenue in 2016?▾
Tuvalu had the highest government revenue in 2016 at 147.07%.
What is the government revenue of Iceland in 2016?▾
The government revenue of Iceland in 2016 was 58.17%. This ranked 8th globally.
How does 2016 compare to 2015 for Iceland's government revenue?▾
Iceland's government revenue went from 42.63% in 2015 to 58.17% in 2016, a 36.5% increase.
HistorySaid - pattern alert
Iceland matched the Export Boom Cycle pattern in 2016. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: 4.7%. View full analysis →
Related
2015
2017
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Full ranking 2016
Tax Revenue
Government Spending
Military Spending
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Peak: 2016
Lowest: 1980
Government Revenue 1990s
Government Revenue 2000s
Government Revenue 2010s
Government Revenue 2020s
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