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Iceland - Tax Revenue 1994

Name: Iceland Tax Revenue 1994
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Tax revenue as % of GDP · World Bank

21.50% −0.24% from 1993 Global rank: 66th

Iceland's tax revenue was 21.50% in 1994, decreased +0.24% from 21.75% in 1993. This was the 66th highest globally.

Global Ranking - 1994▾

Tax Revenue by Country - 1994
Rank	Country	Value	YoY
1st	Kuwait	1.42%	30.2%
2nd	Congo, Democratic Republic of	2.65%	-22.2%
3rd	Myanmar	4.25%	-10.1%
4th	Iran, Islamic Republic of	4.37%	13.2%
5th	Bahrain	4.55%	-3.3%
6th	Cameroon	5.90%	-9.9%
7th	Bhutan	6.19%	-4.5%
8th	Madagascar	6.50%	-4.0%
9th	Guatemala	6.77%	-13.5%
10th	Nepal	7.73%	16.1%
11th	Switzerland	7.86%	7.0%
12th	Mexico	8.10%	-5.5%
13th	Argentina	8.13%	1.4%
14th	India	8.98%	5.2%
15th	Nicaragua	8.99%	-52.6%
16th	Bolivia, Plurinational State of	10.05%	5.6%
17th	Latvia	10.07%	-
18th	Dominican Republic	10.53%	-5.6%
19th	United States	10.62%	3.1%
20th	Mongolia	11.32%	-35.4%
21st	Costa Rica	11.58%	-3.8%
22nd	Germany	11.62%	1.8%
23rd	Korea	12.28%	1.5%
24th	Peru	12.97%	6.6%
25th	Maldives	13.00%	-5.3%
26th	Canada	13.07%	-4.2%
27th	Lithuania	13.11%	4.9%
28th	Philippines	14.04%	2.6%
29th	Sweden	14.84%	-4.0%
30th	Belize	14.99%	3.2%
31st	Spain	15.12%	1.5%
32nd	Türkiye	15.20%	13.9%
33rd	St. Kitts and Nevis	15.25%	0.3%
34th	Chile	15.51%	-3.7%
35th	Burundi	15.62%	4.6%
36th	Indonesia	15.95%	11.1%
37th	Thailand	16.04%	4.1%
38th	Czechia	16.54%	-11.2%
39th	Singapore	16.61%	2.0%
40th	Bahamas, The	16.72%	8.6%
41st	Sri Lanka	17.17%	-1.7%
42nd	Zambia	17.24%	14.6%
43rd	Romania	17.79%	-9.5%
44th	Mauritius	18.04%	1.0%
45th	Malta	18.17%	-6.5%
46th	European Union	18.23%	0.4%
47th	Austria	18.42%	-3.1%
48th	Slovenia	18.85%	9.0%
49th	Morocco	18.85%	-6.9%
50th	Uruguay	19.03%	-1.8%
51st	Egypt, Arab Republic of	19.05%	1.5%
52nd	France	19.20%	3.8%
53rd	Portugal	19.35%	4.1%
54th	South Africa	19.60%	-1.3%
55th	St. Vincent and the Grenadines	19.77%	5.7%
56th	Botswana	19.92%	-15.9%
57th	Australia	19.98%	0.1%
58th	Jordan	19.99%	-4.4%
59th	Estonia	20.28%	31.4%
60th	Papua New Guinea	20.60%	3.7%
61st	Tunisia	20.76%	-1.2%
62nd	Cyprus	20.80%	6.9%
63rd	Jamaica	21.10%	-1.1%
64th	Bulgaria	21.24%	39.6%
65th	Fiji	21.49%	0.4%
66th	Iceland	21.50%	-1.1%
67th	Norway	21.74%	4.9%
68th	Netherlands	21.81%	-10.2%
69th	Poland	22.78%	-
70th	Finland	23.13%	3.1%
71st	United Kingdom	23.80%	3.6%
72nd	Namibia	24.09%	-7.8%
73rd	Hungary	24.12%	-3.3%
74th	Belarus	24.75%	-7.1%
75th	Luxembourg	25.03%	5.4%
76th	Italy	25.04%	-4.5%
77th	Azerbaijan	25.56%	-
78th	Israel	26.15%	1.8%
79th	Croatia	26.16%	24.7%
80th	Ireland	27.06%	4.7%
81st	Lesotho	29.87%	0.7%
82nd	Seychelles	30.05%	-9.6%
83rd	Denmark	31.59%	2.3%

FAQ

What was Iceland's tax revenue in 1994?▾

Iceland's tax revenue in 1994 was 21.50%. This ranked 66th globally.

How did Iceland's tax revenue change in 1994?▾

Iceland's tax revenue decreased by 1.1% in 1994 compared to 1993.

Which country had the highest tax revenue in 1994?▾

Denmark had the highest tax revenue in 1994 at 31.59%.

What is the tax revenue of Iceland in 1994?▾

The tax revenue of Iceland in 1994 was 21.50%. This ranked 66th globally.

How does 1994 compare to 1993 for Iceland's tax revenue?▾

Iceland's tax revenue went from 21.75% in 1993 to 21.50% in 1994, a 1.1% decrease.

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