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Iceland: Government tax revenue (% of GDP)

Percent of GDP · 1901–2024 · 124 observations · govtax_GDP

2024
36.9%percent of GDP
Change on 2023
+1.0 pointsfrom 35.9%
Average, 2015–2024
37.0%10 years
Record high and low
49.8% (2016)low 1.19% (1918)

Government tax revenue (% of GDP)

Report error
0%10%20%30%40%50%192019401960198020002020IcelandIceland
Percent of GDP

Compare with other countries →Definition of Government tax revenue (% of GDP)

Recent values

Percent of GDP

YearValue
202436.9
202335.9
202235.0
202134.5
202035.6
201934.7
201836.1
201737.0
201649.8
201535.0

Sources

This series is derived from other GMD variables.

Iceland documentation (PDF)

More for Iceland

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

Government tax revenue (% of GDP) elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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