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Iceland - Tax Revenue 2012

Name: Iceland Tax Revenue 2012
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Tax revenue as % of GDP · World Bank

21.23% +0.87% from 2011 Global rank: 104th

Iceland's tax revenue was 21.23% in 2012, increased +0.87% from 20.35% in 2011. This was the 104th highest globally.

Global Ranking - 2012▾

Tax Revenue by Country - 2012
Rank	Country	Value	YoY
1st	United Arab Emirates	0.35%	13.5%
2nd	Bahrain	1.14%	6.1%
3rd	Saudi Arabia	2.48%	8.0%
4th	Myanmar	4.52%	16.5%
5th	Micronesia, Federated States of	4.96%	-1.6%
6th	Sudan	6.89%	78.8%
7th	Congo, Republic of	7.28%	-10.3%
8th	Afghanistan	7.71%	-13.6%
9th	Central African Republic	8.17%	8.4%
10th	Madagascar	8.37%	-3.9%
11th	Congo, Democratic Republic of	8.64%	16.0%
12th	Cambodia	8.74%	7.5%
13th	Equatorial Guinea	8.74%	24.6%
14th	Bangladesh	9.02%	3.9%
15th	Switzerland	9.17%	-1.6%
16th	Malawi	9.32%	-12.3%
17th	Mexico	9.35%	-2.8%
18th	Paraguay	9.46%	1.0%
19th	United States	9.76%	2.4%
20th	China	10.09%	-0.6%
21st	Sri Lanka	10.11%	-6.8%
22nd	Tanzania	10.43%	6.5%
23rd	Côte d'Ivoire	10.62%	40.3%
24th	India	10.84%	6.5%
25th	Mali	10.93%	3.6%
26th	Guatemala	11.01%	-0.1%
27th	Cameroon	11.34%	16.9%
28th	Togo	11.36%	-0.4%
29th	Canada	11.66%	-1.2%
30th	Spain	11.71%	-1.0%
31st	Germany	11.91%	1.4%
32nd	Bahamas, The	12.04%	-7.5%
33rd	Nepal	12.04%	3.6%
34th	Philippines	12.31%	3.9%
35th	Egypt, Arab Republic of	12.38%	-11.6%
36th	Azerbaijan	12.78%	4.5%
37th	Argentina	12.95%	2.3%
38th	Dominican Republic	13.05%	6.0%
39th	Costa Rica	13.11%	-0.8%
40th	Uzbekistan	13.17%	6.5%
41st	Angola	13.22%	-7.8%
42nd	Colombia	13.23%	-9.3%
43rd	Kazakhstan	13.31%	-27.1%
44th	Korea	13.47%	1.5%
45th	Singapore	13.58%	3.6%
46th	Bhutan	13.59%	9.3%
47th	Lao PDR	13.61%	3.5%
48th	Russian Federation	13.75%	-1.4%
49th	Burkina Faso	13.89%	13.7%
50th	Gabon	14.06%	-
51st	Brazil	14.33%	-3.5%
52nd	Burundi	14.53%	-6.4%
53rd	Belarus	14.66%	1.1%
54th	Honduras	14.75%	-0.3%
55th	Czechia	14.82%	2.9%
56th	Zambia	14.89%	1.2%
57th	Jordan	14.92%	2.1%
58th	Nicaragua	15.01%	3.4%
59th	Lebanon	15.20%	-7.2%
60th	Mongolia	15.31%	-17.1%
61st	Ghana	15.37%	3.4%
62nd	Thailand	15.44%	-5.6%
63rd	Latvia	15.45%	2.7%
64th	Slovak Republic	15.50%	-3.2%
65th	Moldova	15.60%	2.3%
66th	Malaysia	15.61%	5.5%
67th	Lithuania	15.68%	0.1%
68th	Poland	16.01%	-4.0%
69th	El Salvador	16.18%	5.5%
70th	Cabo Verde	16.28%	-9.5%
71st	Marshall Islands	16.39%	-3.8%
72nd	North Macedonia	16.42%	-3.4%
73rd	Peru	16.55%	3.6%
74th	Kiribati	16.83%	3.0%
75th	St. Lucia	17.15%	-5.0%
76th	Romania	17.16%	-0.3%
77th	Vanuatu	17.38%	5.7%
78th	Armenia	17.49%	1.6%
79th	Albania	17.59%	-1.8%
80th	Ukraine	17.63%	-1.2%
81st	Uruguay	17.79%	-2.2%
82nd	Serbia	17.81%	-2.7%
83rd	Zimbabwe	17.84%	-0.5%
84th	St. Kitts and Nevis	17.92%	-0.8%
85th	San Marino	18.02%	11.5%
86th	Palau	18.08%	3.5%
87th	Türkiye	18.11%	-2.4%
88th	Belize	18.36%	0.2%
89th	Mauritius	18.36%	3.4%
90th	Bulgaria	18.39%	2.8%
91st	Mozambique	18.63%	10.9%
92nd	Chile	18.99%	0.3%
93rd	European Union	19.22%	2.2%
94th	Barbados	19.58%	-8.3%
95th	Tunisia	20.12%	-0.3%
96th	Croatia	20.13%	2.4%
97th	Estonia	20.16%	3.7%
98th	Finland	20.20%	0.7%
99th	Netherlands	20.32%	-1.7%
100th	Bosnia and Herzegovina	20.48%	0.8%
101st	Samoa	20.54%	-
102nd	Portugal	21.01%	-1.6%
103rd	Australia	21.03%	3.8%
104th	Iceland	21.23%	4.3%
105th	Israel	21.60%	-2.7%
106th	Slovenia	21.70%	0.0%
107th	St. Vincent and the Grenadines	21.84%	2.2%
108th	Morocco	21.97%	2.4%
109th	Ireland	22.34%	3.1%
110th	France	22.61%	3.6%
111th	Fiji	22.89%	-0.1%
112th	Hungary	22.93%	8.8%
113th	Georgia	23.09%	1.9%
114th	Cyprus	23.33%	0.8%
115th	South Africa	23.35%	2.1%
116th	Jamaica	24.33%	4.1%
117th	Luxembourg	24.43%	1.8%
118th	Italy	24.91%	5.1%
119th	Greece	24.95%	11.1%
120th	Trinidad and Tobago	24.96%	-2.7%
121st	United Kingdom	25.00%	-2.8%
122nd	Malta	25.30%	-0.5%
123rd	Belgium	25.71%	3.9%
124th	Solomon Islands	26.18%	4.0%
125th	Austria	26.18%	2.1%
126th	Sweden	26.78%	-1.3%
127th	New Zealand	26.86%	4.8%
128th	Norway	26.87%	-2.5%
129th	Botswana	28.04%	16.6%
130th	Eswatini	29.06%	74.6%
131st	Namibia	32.93%	11.4%
132nd	Denmark	33.51%	2.2%
133rd	Macao SAR, China	36.80%	-1.7%
134th	Lesotho	38.08%	26.0%
135th	Timor-Leste	147.64%	9.0%

FAQ

What was Iceland's tax revenue in 2012?▾

Iceland's tax revenue in 2012 was 21.23%. This ranked 104th globally.

How did Iceland's tax revenue change in 2012?▾

Iceland's tax revenue increased by 4.3% in 2012 compared to 2011.

Which country had the highest tax revenue in 2012?▾

Timor-Leste had the highest tax revenue in 2012 at 147.64%.

What is the tax revenue of Iceland in 2012?▾

The tax revenue of Iceland in 2012 was 21.23%. This ranked 104th globally.

How does 2012 compare to 2011 for Iceland's tax revenue?▾

Iceland's tax revenue went from 20.35% in 2011 to 21.23% in 2012, a 4.3% increase.

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