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Iceland - Tax Revenue 1984

Name: Iceland Tax Revenue 1984
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Tax revenue as % of GDP · World Bank

20.24% +0.36% from 1983 Global rank: 35th

Iceland's tax revenue was 20.24% in 1984, increased +0.36% from 19.88% in 1983. This was the 35th highest globally.

Global Ranking - 1984▾

Tax Revenue by Country - 1984
Rank	Country	Value	YoY
1st	Kuwait	3.13%	-3.4%
2nd	Romania	4.05%	0.7%
3rd	Iran, Islamic Republic of	6.44%	6.7%
4th	Bhutan	7.60%	14.6%
5th	Switzerland	7.79%	2.1%
6th	Myanmar	8.58%	-7.1%
7th	Dominican Republic	9.02%	6.7%
8th	Maldives	9.26%	-26.7%
9th	India	9.31%	0.4%
10th	Germany	10.15%	4.5%
11th	United States	10.16%	-1.8%
12th	Spain	10.60%	-0.5%
13th	Türkiye	10.80%	-22.5%
14th	Mexico	12.62%	-2.9%
15th	Peru	13.04%	9.6%
16th	Korea	13.58%	-6.3%
17th	Uruguay	13.87%	-8.3%
18th	Thailand	14.11%	-0.2%
19th	Greece	14.17%	-10.4%
20th	Costa Rica	14.72%	-3.3%
21st	Cyprus	16.13%	4.7%
22nd	European Union	16.49%	0.8%
23rd	Malta	16.84%	-5.7%
24th	Indonesia	17.48%	-7.1%
25th	Singapore	17.66%	-5.8%
26th	Sweden	17.72%	5.1%
27th	Portugal	18.01%	-1.8%
28th	Egypt, Arab Republic of	18.45%	-12.5%
29th	Austria	19.04%	5.2%
30th	South Africa	19.10%	6.4%
31st	Mauritius	19.26%	2.2%
32nd	Chile	19.72%	6.1%
33rd	France	19.78%	0.5%
34th	Netherlands	20.13%	-3.0%
35th	Iceland	20.24%	1.8%
36th	Italy	20.91%	-0.8%
37th	Australia	20.99%	-3.2%
38th	Finland	22.75%	1.8%
39th	Tunisia	22.98%	-0.4%
40th	Norway	24.53%	-0.1%
41st	United Kingdom	24.78%	0.5%
42nd	Luxembourg	24.89%	-2.2%
43rd	Ireland	28.12%	2.1%
44th	New Zealand	28.66%	1.2%
45th	Denmark	29.13%	4.2%
46th	Hungary	34.56%	-5.7%
47th	Israel	35.60%	-3.9%
48th	Lesotho	38.69%	10.7%

FAQ

What was Iceland's tax revenue in 1984?▾

Iceland's tax revenue in 1984 was 20.24%. This ranked 35th globally.

How did Iceland's tax revenue change in 1984?▾

Iceland's tax revenue increased by 1.8% in 1984 compared to 1983.

Which country had the highest tax revenue in 1984?▾

Lesotho had the highest tax revenue in 1984 at 38.69%.

What is the tax revenue of Iceland in 1984?▾

The tax revenue of Iceland in 1984 was 20.24%. This ranked 35th globally.

How does 1984 compare to 1983 for Iceland's tax revenue?▾

Iceland's tax revenue went from 19.88% in 1983 to 20.24% in 1984, a 1.8% increase.

HistorySaid - pattern alert

Iceland matched the Fiscal Dominance Trap pattern in 1984. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 22.1%. View full analysis →

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