Home → Iceland → Government Revenue → 2025

Iceland - Government Revenue 2025

Name: Iceland Government Revenue 2025
Creator: IMF WEO
License: https://creativecommons.org/licenses/by/4.0/

General government revenue as % of GDP · IMF WEO

43.62% +0.58% from 2024 Global rank: 28th

Iceland's government revenue was 43.62% in 2025, increased +0.58% from 43.04% in 2024. This was the 28th highest globally.

Global Ranking - 2025▾

Government Revenue by Country - 2025
Rank	Country	Value	YoY
1st	Nauru	135.17%	-11.0%
2nd	Tuvalu	123.02%	11.7%
3rd	Kiribati	111.15%	46.1%
4th	Kuwait	77.67%	4.7%
5th	Micronesia, Federated States of	68.60%	3.7%
6th	Marshall Islands	68.15%	-9.4%
7th	Libya	67.71%	-3.0%
8th	Norway	61.68%	-0.1%
9th	Tonga	59.97%	8.1%
10th	Lesotho	59.62%	-4.6%
11th	Palau	54.88%	1.7%
12th	Finland	53.73%	0.9%
13th	Dominica	53.40%	-5.7%
14th	France	51.88%	0.9%
15th	Austria	51.88%	1.0%
16th	Denmark	50.77%	-2.0%
17th	Greece	49.82%	1.0%
18th	Belgium	49.72%	-0.5%
19th	Germany	47.92%	2.5%
20th	Sweden	47.66%	0.2%
21st	Luxembourg	47.54%	-0.7%
22nd	Italy	47.38%	0.6%
23rd	Croatia	45.97%	-0.2%
24th	Slovenia	45.74%	0.5%
25th	Cyprus	44.58%	0.7%
26th	Timor-Leste	44.44%	-6.0%
27th	Portugal	43.85%	0.9%
28th	Iceland	43.62%	1.4%
29th	Slovak Republic	43.36%	3.6%
30th	Estonia	43.27%	2.8%
31st	Netherlands	43.22%	-0.6%
32nd	Poland	43.04%	0.5%
33rd	Hungary	42.80%	2.0%
34th	Belarus	42.79%	2.0%
35th	Canada	42.45%	-0.6%
36th	Spain	42.22%	0.1%
37th	Bosnia and Herzegovina	42.09%	1.6%
38th	Ukraine	41.56%	-23.1%
39th	Czechia	41.22%	1.1%
40th	Latvia	40.84%	-4.2%
41st	Serbia	40.56%	-0.9%
42nd	Montenegro	39.86%	-2.0%
43rd	Brazil	39.59%	0.3%
44th	Andorra	39.46%	-1.1%
45th	United Kingdom	39.35%	2.8%
46th	Lithuania	38.14%	-0.3%
47th	Iraq	37.96%	-2.0%
48th	Israel	37.42%	5.3%
49th	New Zealand	37.39%	-2.3%
50th	Japan	37.38%	-0.5%
51st	Moldova	36.86%	8.2%
52nd	Australia	36.59%	-0.3%
53rd	Bulgaria	35.57%	5.8%
54th	Russian Federation	35.10%	-0.5%
55th	Mongolia	34.90%	-10.3%
56th	Azerbaijan	34.65%	-8.7%
57th	Kyrgyz Republic	34.45%	-3.2%
58th	Seychelles	34.21%	3.4%
59th	Namibia	34.09%	-6.2%
60th	North Macedonia	33.90%	5.0%
61st	Vanuatu	33.00%	-14.8%
62nd	Solomon Islands	32.58%	-0.4%
63rd	Malta	32.47%	-3.8%
64th	Switzerland	32.33%	-0.5%
65th	Romania	32.21%	3.1%
66th	Argentina	32.18%	2.2%
67th	Samoa	31.81%	-10.7%
68th	Maldives	31.76%	-1.3%
69th	Grenada	31.37%	-28.3%
70th	Morocco	30.67%	5.3%
71st	Macao SAR, China	30.48%	-3.0%
72nd	United States	30.42%	1.8%
73rd	Trinidad and Tobago	29.88%	9.8%
74th	Jamaica	29.82%	-1.5%
75th	Nicaragua	29.60%	0.1%
76th	Liechtenstein	29.51%	-1.1%
77th	Mauritius	28.96%	14.6%
78th	Uruguay	28.93%	3.6%
79th	Oman	28.86%	-9.8%
80th	Türkiye	28.86%	2.8%
81st	St. Vincent and the Grenadines	28.84%	9.9%
82nd	Albania	28.59%	1.3%
83rd	Eswatini	28.46%	-9.7%
84th	Fiji	28.41%	4.0%
85th	Bhutan	28.40%	5.3%
86th	St. Kitts and Nevis	28.38%	-11.8%
87th	United Arab Emirates	28.37%	2.0%
88th	Tajikistan	27.83%	-0.4%
89th	Suriname	27.75%	3.6%
90th	El Salvador	27.74%	3.5%
91st	South Africa	27.65%	1.7%
92nd	Georgia	27.61%	-1.3%
93rd	Colombia	27.55%	-3.0%
94th	Tunisia	27.49%	-1.5%
95th	Barbados	27.41%	-5.1%
96th	São Tomé and Principe	27.20%	6.2%
97th	Qatar	26.52%	-0.6%
98th	Cabo Verde	26.49%	5.8%
99th	Belize	26.25%	4.8%
100th	Jordan	26.20%	1.9%
101st	Gambia, The	26.18%	20.3%
102nd	Mozambique	25.84%	-4.5%
103rd	Uzbekistan	25.52%	1.2%
104th	Congo, Republic of	25.13%	-0.5%
105th	Armenia	25.13%	-0.7%
106th	China	25.08%	-2.0%
107th	Bolivia, Plurinational State of	25.07%	-14.2%
108th	Mauritania	24.92%	12.3%
109th	Chile	24.72%	3.4%
110th	South Sudan	24.71%	-17.0%
111th	Honduras	24.26%	-1.2%
112th	Saudi Arabia	24.22%	-10.6%
113th	Mexico	24.21%	-1.6%
114th	Botswana	24.09%	-6.8%
115th	Algeria	24.08%	4.7%
116th	Aruba	23.90%	-4.4%
117th	Ireland	22.97%	-13.0%
118th	Zambia	22.77%	2.8%
119th	Korea	22.59%	3.9%
120th	St. Lucia	22.55%	1.6%
121st	Puerto Rico (US)	22.51%	4.4%
122nd	Antigua and Barbuda	22.29%	4.0%
123rd	Mali	21.84%	-1.3%
124th	Senegal	21.82%	8.4%
125th	Burkina Faso	21.19%	-3.7%
126th	Rwanda	21.09%	-5.1%
127th	Thailand	20.92%	-2.3%
128th	Bahamas, The	20.79%	5.2%
129th	Philippines	20.42%	-3.5%
130th	Gabon	20.36%	-2.7%
131st	Brunei Darussalam	20.29%	3.4%
132nd	San Marino	20.24%	-1.1%
133rd	India	20.23%	-1.2%
134th	Liberia	20.20%	-9.6%
135th	Guyana	19.98%	25.7%
136th	Singapore	19.93%	4.9%
137th	Malaysia	19.76%	-0.8%
138th	Nepal	19.67%	1.5%
139th	Peru	19.40%	3.6%
140th	Djibouti	19.03%	5.6%
141st	Togo	18.81%	-0.9%
142nd	Paraguay	18.64%	-1.3%
143rd	Hong Kong SAR, China	18.47%	5.9%
144th	Viet Nam	18.44%	4.9%
145th	Bahrain	17.98%	-2.5%
146th	Papua New Guinea	17.93%	4.7%
147th	Chad	17.92%	7.3%
148th	Comoros	17.88%	10.2%
149th	Equatorial Guinea	17.85%	-0.3%
150th	Kazakhstan	17.84%	-6.5%
151st	Panama	17.68%	12.4%
152nd	Malawi	17.46%	-5.5%
153rd	Côte d'Ivoire	17.42%	6.2%
154th	Kenya	17.23%	-1.5%
155th	Guinea	17.19%	10.4%
156th	Tanzania	16.93%	5.3%
157th	Lao PDR	16.92%	-5.9%
158th	Burundi	16.69%	-4.7%
159th	Egypt, Arab Republic of	16.61%	5.0%
160th	Ghana	16.14%	1.7%
161st	Guinea-Bissau	16.12%	23.0%
162nd	Dominican Republic	16.00%	-2.3%
163rd	Pakistan	15.74%	24.2%
164th	Central African Republic	15.63%	8.1%
165th	Benin	15.57%	3.9%
166th	Angola	15.56%	-10.6%
167th	Myanmar	15.35%	-1.7%
168th	Uganda	15.11%	2.8%
169th	Cameroon	15.04%	-1.3%
170th	Costa Rica	14.74%	-2.3%
171st	Congo, Democratic Republic of	14.56%	-4.5%
172nd	Cambodia	14.46%	-0.8%
173rd	Zimbabwe	14.35%	20.8%
174th	Turkmenistan	13.82%	-4.3%
175th	Indonesia	13.73%	-5.6%
176th	Guatemala	12.40%	-0.1%
177th	Madagascar	12.24%	-10.9%
178th	Niger	11.11%	21.4%
179th	Sierra Leone	10.47%	-5.6%
180th	Iran, Islamic Republic of	9.88%	-4.7%
181st	Nigeria	9.57%	-11.0%
182nd	Bangladesh	7.66%	-8.1%
183rd	Somalia, Fed. Rep.	7.17%	-4.7%
184th	Yemen, Republic of	5.87%	-8.8%
185th	Haiti	5.71%	-53.2%
186th	Sudan	3.00%	2.5%

FAQ

What was Iceland's government revenue in 2025?▾

Iceland's government revenue in 2025 was 43.62%. This ranked 28th globally.

How did Iceland's government revenue change in 2025?▾

Iceland's government revenue increased by 1.4% in 2025 compared to 2024.

Which country had the highest government revenue in 2025?▾

Nauru had the highest government revenue in 2025 at 135.17%.

What is the government revenue of Iceland in 2025?▾

The government revenue of Iceland in 2025 was 43.62%. This ranked 28th globally.

How does 2025 compare to 2024 for Iceland's government revenue?▾

Iceland's government revenue went from 43.04% in 2024 to 43.62% in 2025, a 1.4% increase.

← 2024

View all years