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Iceland - Tax Revenue 1987

Name: Iceland Tax Revenue 1987
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Tax revenue as % of GDP · World Bank

19.99% +0.38% from 1986 Global rank: 32nd

Iceland's tax revenue was 19.99% in 1987, increased +0.38% from 19.62% in 1986. This was the 32nd highest globally.

Global Ranking - 1987▾

Tax Revenue by Country - 1987
Rank	Country	Value	YoY
1st	Kuwait	1.27%	-39.5%
2nd	Romania	4.46%	0.0%
3rd	Iran, Islamic Republic of	6.01%	-11.5%
4th	Myanmar	6.37%	-14.1%
5th	Bolivia, Plurinational State of	7.95%	-0.9%
6th	Switzerland	7.97%	-4.1%
7th	Peru	9.97%	-25.5%
8th	Germany	10.05%	1.5%
9th	India	10.41%	-0.2%
10th	United States	10.95%	7.7%
11th	Dominican Republic	11.24%	-0.3%
12th	Türkiye	12.14%	3.5%
13th	Maldives	12.28%	19.4%
14th	Mexico	12.75%	7.4%
15th	Korea	13.08%	1.4%
16th	Singapore	13.08%	2.7%
17th	Thailand	13.65%	0.2%
18th	Costa Rica	14.43%	8.9%
19th	Egypt, Arab Republic of	14.57%	-10.7%
20th	Indonesia	15.08%	3.2%
21st	Portugal	15.57%	-11.3%
22nd	Spain	15.58%	7.9%
23rd	Uruguay	15.97%	-4.8%
24th	Cyprus	16.33%	-2.2%
25th	Chile	16.54%	-6.5%
26th	Malta	16.55%	-3.7%
27th	Greece	16.59%	4.9%
28th	European Union	17.44%	1.2%
29th	Mauritius	17.58%	0.2%
30th	Austria	17.79%	-1.4%
31st	South Africa	19.91%	-1.1%
32nd	Iceland	19.99%	1.9%
33rd	France	20.04%	1.1%
34th	Tunisia	20.56%	-8.7%
35th	Italy	21.44%	-3.1%
36th	Sweden	21.60%	12.7%
37th	Netherlands	22.50%	6.0%
38th	Finland	22.67%	-5.5%
39th	United Kingdom	23.16%	-5.5%
40th	Australia	23.18%	2.9%
41st	Norway	23.63%	-7.8%
42nd	Luxembourg	24.36%	0.8%
43rd	Ireland	27.45%	0.3%
44th	Israel	29.94%	-8.0%
45th	Lesotho	31.91%	0.7%
46th	Denmark	32.29%	-1.8%
47th	Seychelles	32.76%	9.1%
48th	New Zealand	33.25%	10.1%
49th	Hungary	34.15%	0.1%

FAQ

What was Iceland's tax revenue in 1987?▾

Iceland's tax revenue in 1987 was 19.99%. This ranked 32nd globally.

How did Iceland's tax revenue change in 1987?▾

Iceland's tax revenue increased by 1.9% in 1987 compared to 1986.

Which country had the highest tax revenue in 1987?▾

Hungary had the highest tax revenue in 1987 at 34.15%.

What is the tax revenue of Iceland in 1987?▾

The tax revenue of Iceland in 1987 was 19.99%. This ranked 32nd globally.

How does 1987 compare to 1986 for Iceland's tax revenue?▾

Iceland's tax revenue went from 19.62% in 1986 to 19.99% in 1987, a 1.9% increase.

HistorySaid - pattern alert

Iceland matched the Orthodox Tightening Cycle pattern in 1987. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 20.8%. View full analysis →

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