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Iceland - Tax Revenue 1988

Name: Iceland Tax Revenue 1988
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Tax revenue as % of GDP · World Bank

21.55% +1.56% from 1987 Global rank: 35th

Iceland's tax revenue was 21.55% in 1988, increased +1.56% from 19.99% in 1987. This was the 35th highest globally.

Global Ranking - 1988▾

Tax Revenue by Country - 1988
Rank	Country	Value	YoY
1st	Kuwait	1.23%	-3.0%
2nd	Myanmar	4.49%	-29.4%
3rd	Romania	4.53%	1.4%
4th	Iran, Islamic Republic of	5.43%	-9.5%
5th	Bhutan	6.22%	-12.5%
6th	Bolivia, Plurinational State of	7.28%	-8.4%
7th	Switzerland	8.34%	4.7%
8th	Peru	9.66%	-3.1%
9th	Germany	9.78%	-2.7%
10th	India	10.36%	-0.5%
11th	United States	10.60%	-3.2%
12th	Türkiye	11.03%	-9.2%
13th	Mexico	11.41%	-10.5%
14th	Dominican Republic	11.70%	4.1%
15th	Korea	12.99%	-0.7%
16th	Maldives	13.57%	10.5%
17th	Singapore	14.07%	7.6%
18th	Chile	14.30%	-13.6%
19th	Egypt, Arab Republic of	14.35%	-1.5%
20th	Costa Rica	14.70%	1.9%
21st	Thailand	14.81%	8.5%
22nd	Indonesia	15.08%	0.0%
23rd	Uruguay	15.19%	-4.9%
24th	Greece	15.31%	-7.7%
25th	Spain	15.41%	-1.1%
26th	Portugal	16.99%	9.1%
27th	Cyprus	17.39%	6.5%
28th	European Union	17.56%	0.7%
29th	Malta	17.60%	6.3%
30th	Austria	18.64%	4.8%
31st	Mauritius	19.01%	8.2%
32nd	France	19.36%	-3.4%
33rd	Tunisia	20.50%	-0.3%
34th	South Africa	20.84%	4.7%
35th	Iceland	21.55%	7.8%
36th	Sweden	21.70%	0.5%
37th	Norway	22.15%	-6.2%
38th	Netherlands	22.58%	0.3%
39th	United Kingdom	22.99%	-0.7%
40th	Australia	23.10%	-0.4%
41st	Italy	23.19%	8.1%
42nd	Jamaica	23.48%	-
43rd	Luxembourg	23.56%	-3.3%
44th	Finland	24.19%	6.7%
45th	Israel	28.27%	-5.6%
46th	Ireland	28.75%	4.7%
47th	Lesotho	30.64%	-4.0%
48th	Denmark	32.45%	0.5%
49th	New Zealand	32.70%	-1.6%
50th	Hungary	33.52%	-1.8%
51st	Seychelles	33.83%	3.3%

FAQ

What was Iceland's tax revenue in 1988?▾

Iceland's tax revenue in 1988 was 21.55%. This ranked 35th globally.

How did Iceland's tax revenue change in 1988?▾

Iceland's tax revenue increased by 7.8% in 1988 compared to 1987.

Which country had the highest tax revenue in 1988?▾

Seychelles had the highest tax revenue in 1988 at 33.83%.

What is the tax revenue of Iceland in 1988?▾

The tax revenue of Iceland in 1988 was 21.55%. This ranked 35th globally.

How does 1988 compare to 1987 for Iceland's tax revenue?▾

Iceland's tax revenue went from 19.99% in 1987 to 21.55% in 1988, a 7.8% increase.

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