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Iceland - Tax Revenue 1985

Name: Iceland Tax Revenue 1985
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Tax revenue as % of GDP · World Bank

19.43% −0.81% from 1984 Global rank: 32nd

Iceland's tax revenue was 19.43% in 1985, decreased +0.81% from 20.24% in 1984. This was the 32nd highest globally.

Global Ranking - 1985▾

Tax Revenue by Country - 1985
Rank	Country	Value	YoY
1st	Kuwait	1.94%	-38.1%
2nd	Romania	4.20%	3.7%
3rd	Bhutan	6.73%	-11.5%
4th	Iran, Islamic Republic of	7.33%	13.9%
5th	Switzerland	7.67%	-1.5%
6th	Myanmar	8.26%	-3.8%
7th	Bolivia, Plurinational State of	8.26%	-
8th	Dominican Republic	9.69%	7.4%
9th	Maldives	9.99%	7.9%
10th	India	10.08%	8.3%
11th	Germany	10.16%	0.1%
12th	United States	10.38%	2.2%
13th	Türkiye	11.35%	5.0%
14th	Mexico	12.31%	-2.5%
15th	Spain	12.59%	18.8%
16th	Korea	13.18%	-3.0%
17th	Costa Rica	13.27%	-9.8%
18th	Thailand	13.69%	-3.0%
19th	Greece	14.01%	-1.1%
20th	Peru	14.96%	14.7%
21st	Singapore	15.66%	-11.3%
22nd	Uruguay	15.95%	15.0%
23rd	Cyprus	16.56%	2.6%
24th	European Union	16.71%	1.3%
25th	Egypt, Arab Republic of	17.25%	-6.5%
26th	Portugal	17.62%	-2.2%
27th	Malta	17.68%	5.0%
28th	Mauritius	17.77%	-7.7%
29th	Chile	17.91%	-9.2%
30th	Austria	18.17%	-4.5%
31st	Indonesia	18.75%	7.2%
32nd	Iceland	19.43%	-4.0%
33rd	France	19.86%	0.4%
34th	Sweden	20.22%	14.1%
35th	Netherlands	20.31%	0.9%
36th	Italy	20.35%	-2.7%
37th	South Africa	20.81%	9.0%
38th	Tunisia	22.00%	-4.3%
39th	Australia	22.47%	7.0%
40th	Finland	23.49%	3.3%
41st	Luxembourg	24.87%	-0.1%
42nd	United Kingdom	25.13%	1.4%
43rd	Norway	25.65%	4.6%
44th	Ireland	27.21%	-3.2%
45th	Seychelles	28.81%	-
46th	New Zealand	29.69%	3.6%
47th	Hungary	29.86%	-13.6%
48th	Denmark	30.60%	5.1%
49th	Israel	33.44%	-6.1%
50th	Lesotho	35.58%	-8.0%

FAQ

What was Iceland's tax revenue in 1985?▾

Iceland's tax revenue in 1985 was 19.43%. This ranked 32nd globally.

How did Iceland's tax revenue change in 1985?▾

Iceland's tax revenue decreased by 4.0% in 1985 compared to 1984.

Which country had the highest tax revenue in 1985?▾

Lesotho had the highest tax revenue in 1985 at 35.58%.

What is the tax revenue of Iceland in 1985?▾

The tax revenue of Iceland in 1985 was 19.43%. This ranked 32nd globally.

How does 1985 compare to 1984 for Iceland's tax revenue?▾

Iceland's tax revenue went from 20.24% in 1984 to 19.43% in 1985, a 4.0% decrease.

HistorySaid - pattern alert

Iceland matched the Orthodox Tightening Cycle pattern in 1985. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 18.3%. View full analysis →

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