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Iceland - Government Revenue 2022

Name: Iceland Government Revenue 2022
Creator: IMF WEO
License: https://creativecommons.org/licenses/by/4.0/

General government revenue as % of GDP · IMF WEO

42.00% +1.62% from 2021 Global rank: 31st

Iceland's government revenue was 42.00% in 2022, increased +1.62% from 40.38% in 2021. This was the 31st highest globally.

Global Ranking - 2022▾

Government Revenue by Country - 2022
Rank	Country	Value	YoY
1st	Nauru	159.07%	15.7%
2nd	Tuvalu	100.72%	0.2%
3rd	Libya	85.78%	7.9%
4th	Micronesia, Federated States of	73.72%	3.9%
5th	Kuwait	69.57%	19.3%
6th	Kiribati	69.23%	-5.5%
7th	Marshall Islands	68.41%	-2.2%
8th	Norway	63.00%	11.3%
9th	Dominica	62.78%	6.8%
10th	Palau	56.76%	3.0%
11th	France	53.69%	1.5%
12th	Finland	52.46%	0.0%
13th	Greece	50.36%	2.5%
14th	Ukraine	49.79%	36.4%
15th	Austria	49.70%	-1.2%
16th	Sweden	49.32%	0.3%
17th	Belgium	48.64%	-1.8%
18th	Denmark	48.48%	-9.9%
19th	Italy	46.82%	-0.7%
20th	Germany	46.70%	-1.7%
21st	St. Kitts and Nevis	45.30%	-2.8%
22nd	Croatia	45.07%	-1.0%
23rd	Slovenia	44.66%	-1.3%
24th	Luxembourg	44.50%	2.5%
25th	Lesotho	44.44%	-9.0%
26th	Tonga	44.28%	1.2%
27th	Portugal	43.56%	-2.1%
28th	Netherlands	43.27%	-0.8%
29th	Hungary	42.54%	3.8%
30th	Iraq	42.04%	16.9%
31st	Iceland	42.00%	4.0%
32nd	Slovak Republic	41.85%	5.1%
33rd	Spain	41.73%	-2.6%
34th	Oman	41.45%	24.4%
35th	Serbia	41.24%	0.0%
36th	Canada	41.19%	-2.9%
37th	Cyprus	40.64%	-0.9%
38th	Czechia	39.92%	-0.4%
39th	Poland	39.81%	-4.8%
40th	Andorra	39.73%	4.9%
41st	Latvia	39.60%	1.9%
42nd	United Kingdom	39.54%	4.0%
43rd	Bosnia and Herzegovina	39.52%	-2.3%
44th	Brazil	39.48%	4.6%
45th	Estonia	39.04%	-1.2%
46th	Ecuador	38.90%	8.4%
47th	Solomon Islands	38.26%	6.6%
48th	Montenegro	38.11%	-12.2%
49th	New Zealand	37.65%	-1.9%
50th	Japan	37.54%	3.3%
51st	Israel	37.25%	1.6%
52nd	Bulgaria	36.77%	3.2%
53rd	Samoa	36.10%	0.8%
54th	Belarus	36.03%	-1.3%
55th	Vanuatu	35.55%	-24.0%
56th	Lithuania	35.54%	-1.7%
57th	Australia	35.35%	-0.2%
58th	Kyrgyz Republic	34.73%	10.7%
59th	Qatar	34.72%	17.3%
60th	Mongolia	34.39%	4.7%
61st	South Sudan	33.88%	-2.7%
62nd	Russian Federation	33.82%	-5.3%
63rd	Argentina	33.81%	0.8%
64th	Moldova	33.33%	4.3%
65th	United States	33.07%	4.1%
66th	Malta	33.01%	1.6%
67th	Grenada	32.93%	4.3%
68th	Switzerland	32.75%	-4.1%
69th	United Arab Emirates	32.55%	8.8%
70th	Azerbaijan	32.14%	-11.6%
71st	Congo, Republic of	31.78%	40.8%
72nd	Romania	31.53%	3.9%
73rd	Maldives	30.83%	16.6%
74th	Seychelles	30.54%	-7.7%
75th	Timor-Leste	30.45%	19.3%
76th	Namibia	30.23%	-1.2%
77th	North Macedonia	29.81%	-0.5%
78th	Algeria	29.73%	13.4%
79th	Tunisia	29.58%	15.5%
80th	Trinidad and Tobago	29.22%	27.1%
81st	Nicaragua	29.22%	1.7%
82nd	Botswana	29.11%	0.1%
83rd	Brunei Darussalam	28.91%	36.9%
84th	Bolivia, Plurinational State of	28.88%	13.5%
85th	Morocco	28.35%	13.0%
86th	West Bank and Gaza	28.13%	9.8%
87th	Chile	28.09%	7.6%
88th	Colombia	27.75%	2.0%
89th	Uzbekistan	27.70%	18.7%
90th	Mozambique	27.68%	2.9%
91st	South Africa	27.64%	1.9%
92nd	Barbados	27.52%	5.7%
93rd	Saudi Arabia	27.51%	5.0%
94th	Uruguay	27.48%	-0.5%
95th	Liechtenstein	27.39%	6.8%
96th	Jamaica	27.38%	-3.6%
97th	St. Vincent and the Grenadines	27.24%	-9.2%
98th	Tajikistan	27.15%	0.5%
99th	Suriname	26.85%	1.8%
100th	Albania	26.65%	-2.7%
101st	Jordan	26.48%	3.4%
102nd	Equatorial Guinea	26.47%	72.2%
103rd	Georgia	26.31%	4.3%
104th	El Salvador	25.98%	1.6%
105th	Türkiye	25.68%	-6.8%
106th	Honduras	25.61%	-0.1%
107th	Mauritania	25.61%	9.5%
108th	São Tomé and Principe	25.47%	5.6%
109th	China	25.32%	-2.6%
110th	Korea	25.19%	4.6%
111th	Bhutan	25.14%	-18.6%
112th	Mauritius	24.49%	1.2%
113th	Armenia	24.27%	0.8%
114th	Mexico	24.19%	5.4%
115th	Rwanda	23.92%	-2.6%
116th	Eswatini	23.68%	-4.5%
117th	Aruba	23.02%	7.5%
118th	Nepal	22.93%	-1.4%
119th	Burundi	22.79%	-4.2%
120th	Bahrain	22.38%	11.6%
121st	Belize	22.38%	-0.3%
122nd	Puerto Rico (US)	22.36%	6.6%
123rd	Cabo Verde	22.35%	-4.0%
124th	Ireland	22.28%	0.3%
125th	San Marino	22.09%	6.9%
126th	Burkina Faso	21.97%	7.9%
127th	Kazakhstan	21.82%	27.6%
128th	Peru	21.73%	5.3%
129th	Hong Kong SAR, China	21.72%	-14.5%
130th	Fiji	21.64%	0.5%
131st	Liberia	21.60%	-20.8%
132nd	St. Lucia	21.14%	0.5%
133rd	Macao SAR, China	20.61%	-16.0%
134th	Philippines	20.41%	-2.7%
135th	Zambia	20.38%	-8.9%
136th	India	20.13%	-1.5%
137th	Bahamas, The	20.10%	18.1%
138th	Angola	20.10%	-2.8%
139th	Senegal	20.08%	0.8%
140th	Malaysia	20.08%	9.0%
141st	Thailand	20.05%	0.1%
142nd	Mali	19.63%	-10.7%
143rd	Djibouti	19.48%	-2.9%
144th	Egypt, Arab Republic of	19.20%	3.3%
145th	Gambia, The	18.92%	13.1%
146th	Viet Nam	18.87%	0.9%
147th	Gabon	18.76%	22.4%
148th	Myanmar	18.51%	0.5%
149th	Cambodia	18.43%	16.6%
150th	Antigua and Barbuda	17.86%	-5.3%
151st	Togo	17.65%	3.0%
152nd	Paraguay	17.52%	2.7%
153rd	Panama	17.37%	0.4%
154th	Malawi	17.36%	13.4%
155th	Congo, Democratic Republic of	17.28%	42.1%
156th	Kenya	17.10%	1.7%
157th	Papua New Guinea	16.64%	10.0%
158th	Chad	16.40%	40.3%
159th	Costa Rica	16.38%	4.4%
160th	Turkmenistan	16.36%	17.4%
161st	Singapore	16.18%	-3.0%
162nd	Cameroon	15.97%	13.5%
163rd	Ghana	15.73%	3.6%
164th	Sudan	15.73%	64.7%
165th	Dominican Republic	15.27%	-1.5%
166th	Guinea-Bissau	15.22%	-20.4%
167th	Tanzania	15.20%	2.3%
168th	Guyana	15.17%	-15.0%
169th	Afghanistan	15.12%	-13.4%
170th	Côte d'Ivoire	15.11%	-3.1%
171st	Indonesia	14.95%	9.0%
172nd	Niger	14.80%	-18.5%
173rd	Lao PDR	14.79%	-1.7%
174th	Comoros	14.50%	-15.4%
175th	Benin	14.31%	1.2%
176th	Uganda	14.04%	-1.1%
177th	Guinea	13.81%	3.1%
178th	Guatemala	12.57%	2.2%
179th	Central African Republic	12.13%	-9.5%
180th	Pakistan	12.12%	-2.4%
181st	Zimbabwe	11.15%	5.7%
182nd	Sierra Leone	10.79%	-13.0%
183rd	Madagascar	10.79%	-2.5%
184th	Iran, Islamic Republic of	10.20%	-1.4%
185th	Yemen, Republic of	10.02%	36.7%
186th	Bangladesh	8.51%	-9.1%
187th	Sri Lanka	8.36%	0.6%
188th	Somalia, Fed. Rep.	7.08%	78.2%
189th	Nigeria	6.61%	29.1%
190th	Haiti	6.57%	-5.6%
191st	Lebanon	5.63%	-31.8%

FAQ

What was Iceland's government revenue in 2022?▾

Iceland's government revenue in 2022 was 42.00%. This ranked 31st globally.

How did Iceland's government revenue change in 2022?▾

Iceland's government revenue increased by 4.0% in 2022 compared to 2021.

Which country had the highest government revenue in 2022?▾

Nauru had the highest government revenue in 2022 at 159.07%.

What is the government revenue of Iceland in 2022?▾

The government revenue of Iceland in 2022 was 42.00%. This ranked 31st globally.

How does 2022 compare to 2021 for Iceland's government revenue?▾

Iceland's government revenue went from 40.38% in 2021 to 42.00% in 2022, a 4.0% increase.

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