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Iceland - Tax Revenue 1997

Name: Iceland Tax Revenue 1997
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Tax revenue as % of GDP · World Bank

21.58% −1.08% from 1996 Global rank: 70th

Iceland's tax revenue was 21.58% in 1997, decreased +1.08% from 22.65% in 1996. This was the 70th highest globally.

Global Ranking - 1997▾

Tax Revenue by Country - 1997
Rank	Country	Value	YoY
1st	United Arab Emirates	0.99%	-
2nd	Kuwait	1.17%	21.5%
3rd	Congo, Democratic Republic of	4.05%	-14.8%
4th	Myanmar	4.42%	11.5%
5th	Bahrain	4.48%	1.1%
6th	Kazakhstan	6.79%	-
7th	Bhutan	6.79%	-13.5%
8th	Switzerland	8.32%	-0.2%
9th	Mexico	8.59%	3.3%
10th	Argentina	8.69%	6.3%
11th	Guatemala	8.70%	2.0%
12th	Nepal	8.72%	0.0%
13th	India	9.01%	-2.4%
14th	Albania	9.75%	11.3%
15th	Iran, Islamic Republic of	10.16%	27.8%
16th	Bahamas, The	10.40%	-39.0%
17th	Mongolia	10.57%	10.1%
18th	Nicaragua	10.59%	11.5%
19th	Georgia	10.62%	34.9%
20th	Azerbaijan	10.69%	8.6%
21st	Germany	10.70%	-1.5%
22nd	Dominican Republic	11.41%	10.3%
23rd	Burundi	11.42%	-15.0%
24th	United States	11.83%	4.0%
25th	Lebanon	11.93%	-
26th	Korea	12.48%	-2.5%
27th	Costa Rica	12.61%	-0.2%
28th	Bolivia, Plurinational State of	12.62%	2.7%
29th	Türkiye	13.71%	24.5%
30th	Peru	14.40%	1.4%
31st	Maldives	14.45%	7.4%
32nd	Canada	14.57%	5.0%
33rd	Belize	14.73%	0.0%
34th	Philippines	14.86%	0.2%
35th	Czechia	15.00%	-1.3%
36th	Singapore	15.31%	-3.7%
37th	Mauritius	15.78%	8.0%
38th	Chile	15.78%	-1.7%
39th	Macao SAR, China	15.95%	21.7%
40th	Egypt, Arab Republic of	15.96%	-8.6%
41st	Sri Lanka	16.01%	-5.6%
42nd	Indonesia	16.01%	12.5%
43rd	Zambia	16.05%	-0.3%
44th	Latvia	16.08%	19.0%
45th	Thailand	16.11%	-3.7%
46th	Uruguay	16.78%	-3.3%
47th	Romania	17.04%	5.8%
48th	Cyprus	17.12%	-4.1%
49th	Vanuatu	18.09%	-2.6%
50th	Moldova	18.28%	51.2%
51st	Tunisia	18.44%	-7.0%
52nd	Bulgaria	18.52%	53.5%
53rd	Jordan	19.06%	-12.1%
54th	Morocco	19.41%	5.7%
55th	Malaysia	19.75%	1.9%
56th	European Union	19.78%	1.7%
57th	Jamaica	19.91%	-1.0%
58th	Malta	20.05%	10.1%
59th	Greece	20.14%	5.6%
60th	Portugal	20.26%	-1.2%
61st	Slovak Republic	20.36%	-4.0%
62nd	St. Vincent and the Grenadines	20.56%	3.1%
63rd	Belarus	20.73%	10.3%
64th	Poland	20.83%	-3.4%
65th	Hungary	20.89%	-8.5%
66th	Netherlands	20.90%	-2.5%
67th	France	21.21%	3.3%
68th	South Africa	21.25%	1.3%
69th	Lithuania	21.54%	14.6%
70th	Iceland	21.58%	-4.7%
71st	Slovenia	21.81%	-1.9%
72nd	Estonia	21.97%	0.5%
73rd	Croatia	22.28%	-3.6%
74th	Australia	22.34%	2.3%
75th	Finland	22.62%	3.2%
76th	United Kingdom	23.61%	2.8%
77th	Papua New Guinea	23.72%	5.6%
78th	Norway	23.89%	-0.2%
79th	Luxembourg	25.24%	2.2%
80th	Seychelles	25.34%	0.1%
81st	Israel	25.56%	1.6%
82nd	Italy	25.71%	6.0%
83rd	Belgium	26.57%	2.1%
84th	Namibia	26.67%	11.2%
85th	Ireland	26.87%	-1.2%
86th	Austria	26.93%	3.3%
87th	Sweden	27.50%	0.8%
88th	Lesotho	29.21%	8.3%
89th	Denmark	31.82%	-0.6%

FAQ

What was Iceland's tax revenue in 1997?▾

Iceland's tax revenue in 1997 was 21.58%. This ranked 70th globally.

How did Iceland's tax revenue change in 1997?▾

Iceland's tax revenue decreased by 4.7% in 1997 compared to 1996.

Which country had the highest tax revenue in 1997?▾

Denmark had the highest tax revenue in 1997 at 31.82%.

What is the tax revenue of Iceland in 1997?▾

The tax revenue of Iceland in 1997 was 21.58%. This ranked 70th globally.

How does 1997 compare to 1996 for Iceland's tax revenue?▾

Iceland's tax revenue went from 22.65% in 1996 to 21.58% in 1997, a 4.7% decrease.

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