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Iceland - Tax Revenue 1996

Name: Iceland Tax Revenue 1996
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Tax revenue as % of GDP · World Bank

22.65% +0.90% from 1995 Global rank: 72nd

Iceland's tax revenue was 22.65% in 1996, increased +0.90% from 21.75% in 1995. This was the 72nd highest globally.

Global Ranking - 1996▾

Tax Revenue by Country - 1996
Rank	Country	Value	YoY
1st	Kuwait	0.97%	-15.8%
2nd	Myanmar	3.96%	5.7%
3rd	Bahrain	4.44%	5.1%
4th	Congo, Democratic Republic of	4.76%	-3.5%
5th	Bhutan	7.85%	13.8%
6th	Georgia	7.88%	45.5%
7th	Iran, Islamic Republic of	7.95%	27.7%
8th	Argentina	8.17%	1.5%
9th	Mexico	8.31%	3.5%
10th	Switzerland	8.34%	5.3%
11th	Guatemala	8.53%	10.6%
12th	Nepal	8.72%	-3.0%
13th	Albania	8.77%	-21.7%
14th	India	9.23%	0.1%
15th	Nicaragua	9.49%	1.0%
16th	Mongolia	9.60%	-1.8%
17th	Azerbaijan	9.85%	-45.1%
18th	Dominican Republic	10.34%	-2.2%
19th	Germany	10.86%	-5.1%
20th	Türkiye	11.02%	9.3%
21st	United States	11.37%	3.6%
22nd	Bulgaria	12.07%	8.2%
23rd	Moldova	12.09%	-
24th	Bolivia, Plurinational State of	12.29%	26.4%
25th	Costa Rica	12.64%	3.2%
26th	Korea	12.79%	1.9%
27th	Macao SAR, China	13.10%	-
28th	Burundi	13.44%	-19.4%
29th	Maldives	13.45%	-1.1%
30th	Latvia	13.51%	-3.7%
31st	Canada	13.88%	4.5%
32nd	Peru	14.20%	3.8%
33rd	Indonesia	14.23%	-4.9%
34th	Mauritius	14.62%	-8.1%
35th	Belize	14.74%	3.7%
36th	Philippines	14.83%	3.9%
37th	Botswana	14.94%	-10.9%
38th	Czechia	15.20%	-5.7%
39th	Singapore	15.90%	0.8%
40th	Chile	16.06%	6.9%
41st	Zambia	16.11%	2.7%
42nd	Romania	16.11%	-7.4%
43rd	Thailand	16.73%	1.7%
44th	Sri Lanka	16.95%	-4.5%
45th	Bahamas, The	17.05%	-1.7%
46th	Uruguay	17.35%	2.8%
47th	Egypt, Arab Republic of	17.46%	-0.9%
48th	Cyprus	17.84%	-3.2%
49th	Malta	18.21%	-10.5%
50th	Vanuatu	18.57%	3.7%
51st	Belarus	18.80%	-5.5%
52nd	Lithuania	18.80%	-4.5%
53rd	Greece	19.08%	1.2%
54th	Malaysia	19.38%	-
55th	European Union	19.44%	0.6%
56th	Tunisia	19.84%	-3.2%
57th	St. Vincent and the Grenadines	19.95%	3.8%
58th	Jamaica	20.11%	-7.5%
59th	Portugal	20.52%	4.2%
60th	France	20.53%	4.8%
61st	South Africa	20.98%	3.4%
62nd	Fiji	21.21%	-4.5%
63rd	Slovak Republic	21.21%	-7.5%
64th	Netherlands	21.44%	2.9%
65th	Poland	21.57%	-3.2%
66th	Jordan	21.69%	4.7%
67th	Australia	21.84%	3.4%
68th	Estonia	21.85%	-4.3%
69th	Finland	21.93%	5.8%
70th	Slovenia	22.23%	3.5%
71st	Papua New Guinea	22.46%	13.9%
72nd	Iceland	22.65%	4.1%
73rd	Hungary	22.83%	-1.1%
74th	United Kingdom	22.97%	-0.8%
75th	Croatia	23.12%	-1.6%
76th	Norway	23.94%	4.1%
77th	Namibia	23.99%	-4.1%
78th	Italy	24.25%	-0.2%
79th	Luxembourg	24.70%	0.9%
80th	Israel	25.16%	-2.2%
81st	Seychelles	25.32%	-2.5%
82nd	Belgium	26.03%	1.6%
83rd	Austria	26.07%	5.6%
84th	Lesotho	26.96%	-6.2%
85th	Ireland	27.21%	2.6%
86th	Sweden	27.29%	2.0%
87th	Denmark	32.03%	0.9%

FAQ

What was Iceland's tax revenue in 1996?▾

Iceland's tax revenue in 1996 was 22.65%. This ranked 72nd globally.

How did Iceland's tax revenue change in 1996?▾

Iceland's tax revenue increased by 4.1% in 1996 compared to 1995.

Which country had the highest tax revenue in 1996?▾

Denmark had the highest tax revenue in 1996 at 32.03%.

What is the tax revenue of Iceland in 1996?▾

The tax revenue of Iceland in 1996 was 22.65%. This ranked 72nd globally.

How does 1996 compare to 1995 for Iceland's tax revenue?▾

Iceland's tax revenue went from 21.75% in 1995 to 22.65% in 1996, a 4.1% increase.

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