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Iceland - Government Revenue 2018

Name: Iceland Government Revenue 2018
Creator: IMF WEO
License: https://creativecommons.org/licenses/by/4.0/

General government revenue as % of GDP · IMF WEO

44.10% −0.68% from 2017 Global rank: 25th

Iceland's government revenue was 44.10% in 2018, decreased +0.68% from 44.79% in 2017. This was the 25th highest globally.

Global Ranking - 2018▾

Government Revenue by Country - 2018
Rank	Country	Value	YoY
1st	Tuvalu	155.90%	43.6%
2nd	Nauru	120.34%	1.6%
3rd	Kiribati	114.01%	-9.6%
4th	Micronesia, Federated States of	81.22%	2.2%
5th	Kuwait	68.64%	2.2%
6th	Marshall Islands	63.00%	-7.5%
7th	Timor-Leste	58.63%	9.6%
8th	Norway	55.51%	2.5%
9th	France	54.05%	-0.5%
10th	South Sudan	53.44%	-49.8%
11th	Finland	51.79%	-0.8%
12th	Denmark	51.57%	-1.4%
13th	Belgium	51.40%	-0.2%
14th	Sweden	50.44%	-0.2%
15th	Austria	49.39%	0.7%
16th	Greece	49.35%	-0.5%
17th	Lesotho	47.51%	-1.9%
18th	Libya	46.95%	96.7%
19th	Germany	46.53%	1.4%
20th	Dominica	46.25%	-8.8%
21st	Italy	46.13%	-0.3%
22nd	Luxembourg	45.49%	6.7%
23rd	Croatia	45.14%	0.6%
24th	Slovenia	44.96%	0.7%
25th	Iceland	44.10%	-1.5%
26th	Palau	43.97%	10.9%
27th	Netherlands	43.94%	-0.4%
28th	Hungary	43.88%	-0.7%
29th	Portugal	42.86%	0.9%
30th	Tonga	42.56%	-1.6%
31st	Bosnia and Herzegovina	42.06%	0.7%
32nd	Montenegro	41.53%	2.0%
33rd	Canada	41.02%	1.7%
34th	Czechia	41.00%	2.7%
35th	Cyprus	40.89%	0.8%
36th	Poland	40.80%	2.9%
37th	Serbia	39.81%	-0.1%
38th	Ukraine	39.80%	1.2%
39th	Belarus	39.65%	2.4%
40th	Vanuatu	39.51%	9.9%
41st	Spain	38.95%	2.6%
42nd	Iraq	38.81%	14.2%
43rd	Slovak Republic	38.64%	-0.4%
44th	Latvia	38.64%	4.5%
45th	Azerbaijan	38.61%	12.8%
46th	Andorra	38.60%	1.1%
47th	Ecuador	38.12%	9.8%
48th	Estonia	37.68%	-0.3%
49th	New Zealand	37.35%	1.1%
50th	Brazil	37.19%	2.4%
51st	United Kingdom	36.60%	-0.2%
52nd	Malta	36.34%	0.6%
53rd	Solomon Islands	36.30%	-4.7%
54th	Australia	35.62%	1.6%
55th	Israel	35.60%	-4.3%
56th	Russian Federation	35.54%	6.5%
57th	St. Kitts and Nevis	35.54%	30.6%
58th	Bulgaria	34.49%	5.0%
59th	Lithuania	34.31%	1.7%
60th	Japan	34.27%	2.0%
61st	Argentina	33.51%	-2.7%
62nd	Switzerland	33.03%	-1.6%
63rd	Kyrgyz Republic	32.47%	-2.5%
64th	Seychelles	32.22%	-1.1%
65th	Oman	31.60%	9.1%
66th	Eritrea	31.58%	-14.1%
67th	Macao SAR, China	31.38%	-1.7%
68th	Mongolia	31.26%	9.8%
69th	Namibia	31.24%	-5.6%
70th	Qatar	31.16%	11.9%
71st	Türkiye	30.79%	0.8%
72nd	Moldova	30.68%	1.1%
73rd	Afghanistan	30.57%	13.0%
74th	Botswana	30.56%	-8.9%
75th	Bhutan	30.17%	15.7%
76th	Algeria	30.10%	4.9%
77th	Samoa	30.03%	3.9%
78th	United States	30.01%	-1.3%
79th	Colombia	29.99%	11.8%
80th	Bolivia, Plurinational State of	29.54%	-4.0%
81st	United Arab Emirates	29.53%	9.0%
82nd	Romania	28.97%	2.9%
83rd	Jamaica	28.64%	4.8%
84th	Brunei Darussalam	28.57%	9.1%
85th	North Macedonia	28.51%	-1.8%
86th	Uruguay	28.46%	4.5%
87th	China	28.44%	-0.8%
88th	Tajikistan	28.18%	0.2%
89th	Liberia	27.96%	0.0%
90th	Fiji	27.67%	7.1%
91st	Saudi Arabia	27.24%	21.8%
92nd	Albania	27.06%	-2.5%
93rd	Grenada	26.99%	5.4%
94th	Maldives	26.72%	-2.3%
95th	Liechtenstein	26.53%	-0.4%
96th	South Africa	26.42%	2.2%
97th	Honduras	26.35%	-0.4%
98th	Barbados	26.33%	1.9%
99th	Jordan	26.20%	0.8%
100th	São Tomé and Principe	25.94%	-10.0%
101st	Georgia	25.92%	-3.1%
102nd	West Bank and Gaza	25.72%	-5.8%
103rd	Belize	25.56%	5.7%
104th	Mozambique	25.47%	-4.3%
105th	Cabo Verde	25.18%	-0.7%
106th	Guyana	25.04%	8.1%
107th	Eswatini	24.97%	-10.7%
108th	El Salvador	24.90%	-2.6%
109th	Ireland	24.84%	-0.6%
110th	St. Vincent and the Grenadines	24.64%	-1.8%
111th	Tunisia	24.42%	5.6%
112th	Trinidad and Tobago	24.31%	18.7%
113th	Morocco	24.24%	-1.4%
114th	Chile	24.13%	5.5%
115th	Djibouti	23.94%	1.2%
116th	Uzbekistan	23.84%	13.9%
117th	Rwanda	23.80%	5.4%
118th	Nicaragua	23.34%	-8.7%
119th	Congo, Republic of	23.01%	9.4%
120th	San Marino	22.95%	3.9%
121st	Mexico	22.83%	-4.8%
122nd	Armenia	22.30%	5.0%
123rd	Aruba	22.22%	1.1%
124th	Mauritania	22.22%	6.7%
125th	Nepal	22.17%	5.8%
126th	Puerto Rico (US)	22.15%	6.4%
127th	St. Lucia	22.12%	0.7%
128th	Mauritius	21.79%	-0.9%
129th	Korea	21.70%	4.8%
130th	Kazakhstan	21.43%	8.1%
131st	Thailand	21.36%	1.2%
132nd	Lebanon	21.03%	-4.1%
133rd	Suriname	20.90%	3.9%
134th	Bahrain	20.79%	20.1%
135th	Hong Kong SAR, China	20.74%	-9.2%
136th	Angola	20.30%	32.8%
137th	Malaysia	20.16%	2.7%
138th	India	19.95%	-0.3%
139th	Burkina Faso	19.76%	2.1%
140th	Egypt, Arab Republic of	19.66%	-4.8%
141st	Equatorial Guinea	19.58%	12.0%
142nd	Viet Nam	19.46%	-0.5%
143rd	Philippines	19.43%	3.9%
144th	Zambia	19.42%	11.2%
145th	Burundi	19.36%	1.4%
146th	Antigua and Barbuda	19.11%	-3.7%
147th	Peru	19.02%	6.7%
148th	Panama	18.95%	-1.8%
149th	Senegal	18.89%	-3.1%
150th	Togo	18.21%	13.3%
151st	Niger	18.15%	17.9%
152nd	Comoros	17.82%	-5.0%
153rd	Papua New Guinea	17.74%	11.6%
154th	Singapore	17.56%	-6.9%
155th	Kenya	17.54%	-1.5%
156th	Paraguay	17.47%	-0.8%
157th	Gabon	16.92%	3.1%
158th	Cambodia	16.35%	6.1%
159th	Lao PDR	16.24%	-0.3%
160th	Bahamas, The	16.16%	-5.0%
161st	Myanmar	15.95%	-2.0%
162nd	Central African Republic	15.91%	31.9%
163rd	Mali	15.57%	-22.4%
164th	Cameroon	15.55%	7.2%
165th	Tanzania	15.27%	0.4%
166th	Gambia, The	15.09%	-21.7%
167th	Malawi	15.04%	-5.1%
168th	Guinea	14.94%	-2.2%
169th	Indonesia	14.92%	5.2%
170th	Guinea-Bissau	14.71%	-12.4%
171st	Côte d'Ivoire	14.66%	-1.2%
172nd	Dominican Republic	14.29%	1.0%
173rd	Ghana	14.10%	3.6%
174th	Turkmenistan	13.52%	-9.4%
175th	Benin	13.51%	0.0%
176th	Pakistan	13.44%	-3.7%
177th	Costa Rica	13.24%	-0.3%
178th	Iran, Islamic Republic of	13.18%	-11.3%
179th	Uganda	13.16%	5.6%
180th	Madagascar	13.01%	1.4%
181st	Sri Lanka	12.59%	-1.5%
182nd	Guatemala	11.31%	-0.8%
183rd	Chad	11.12%	-0.1%
184th	Congo, Democratic Republic of	10.56%	-0.4%
185th	Haiti	10.14%	2.2%
186th	Zimbabwe	10.09%	-18.8%
187th	Sierra Leone	10.08%	7.7%
188th	Sudan	8.91%	32.2%
189th	Bangladesh	8.88%	10.1%
190th	Yemen, Republic of	6.42%	84.0%
191st	Nigeria	6.04%	29.3%
192nd	Somalia, Fed. Rep.	3.43%	5.5%

FAQ

What was Iceland's government revenue in 2018?▾

Iceland's government revenue in 2018 was 44.10%. This ranked 25th globally.

How did Iceland's government revenue change in 2018?▾

Iceland's government revenue decreased by 1.5% in 2018 compared to 2017.

Which country had the highest government revenue in 2018?▾

Tuvalu had the highest government revenue in 2018 at 155.90%.

What is the government revenue of Iceland in 2018?▾

The government revenue of Iceland in 2018 was 44.10%. This ranked 25th globally.

How does 2018 compare to 2017 for Iceland's government revenue?▾

Iceland's government revenue went from 44.79% in 2017 to 44.10% in 2018, a 1.5% decrease.

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