Taxes as a % of price: specific excise in Iceland

Iceland: Taxes as a % of price: specific excise was 44.2% in 2022. ▲ Rising

Latest (2022)
44.2%
Change on year
up 24.2%
World rank
34th
of 189 countries
All-time high
44.2%
in 2022
All-time low
35.6%
in 2020
Years of data
8
2008–2022

Taxes as a % of price: specific excise in Iceland, 2008–2022

0102030402008201520222008: 38.62010: 36.12012: 36.62014: 36.12016: 36.22018: 36.12020: 35.62022: 44.2

Source: World Health Organization, Global Health Observatory.

Analysis

The most recent figure for taxes as a % of price: specific excise in Iceland is 44.2%, measured in 2022. That is the highest value across all 8 years on record.

The figure is up 24.2% on the previous year and up 20.7% over ten years.

Over the whole period, taxes as a % of price: specific excise in Iceland peaked at 44.2% in 2022 and was at its lowest, 35.6%, in 2020.

That places Iceland 34th out of 189 countries with data for 2022, putting it in the top quarter.

Taxes as a % of price: specific excise in Iceland, year by year

Annual values for Taxes as a % of price: specific excise in Iceland, 2008 to 2022.
Year Value Change
2008 38.6%
2010 36.1% -6.5%
2012 36.6% +1.4%
2014 36.1% -1.5%
2016 36.2% +0.3%
2018 36.1% -0.1%
2020 35.6% -1.4%
2022 44.2% +24.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 38.6% 38.6% 38.6% 1
2010s 36.2% 36.1% 36.6% 5
2020s 39.9% 35.6% 44.2% 2

Countries ranked near Iceland

  1. 31 Malaysia 46.0% compare
  2. 32 Portugal 45.3% compare
  3. 33 Timor-Leste 44.4% compare
  4. 35 Kiribati 44.0% compare
  5. 36 Bulgaria 43.6% compare
  6. 37 Bahamas 42.4% compare

See the full ranking of 191 places →

More health data for Iceland

All data for Iceland →

Frequently asked questions

What is taxes as a % of price: specific excise in Iceland?
Taxes as a % of price: specific excise in Iceland was 44.2% in 2022, according to World Health Organization, Global Health Observatory.
What is the highest taxes as a % of price: specific excise recorded in Iceland?
The highest recorded value was 44.2% in 2022.
What is the lowest taxes as a % of price: specific excise recorded in Iceland?
The lowest recorded value was 35.6% in 2020.
How does Iceland rank for taxes as a % of price: specific excise?
Iceland ranks 34th out of 189 countries with data for 2022.
Is taxes as a % of price: specific excise rising or falling in Iceland?
Over the last ten years it is up 20.7%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from World Health Organization, Global Health Observatory, published as part of Taxes as a % of price: specific excise. Statizoid updates them automatically from the source API.

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Taxes as a % of price: specific excise in Iceland. Statizoid, drawing on World Health Organization, Global Health Observatory. Retrieved 05 September 2026, from https://health.statizoid.com/stat/taxes-as-a-percent-of-price-specific-excise/iceland/

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About this data

Indicator
Taxes as a % of price: specific excise
Source
World Health Organization, Global Health Observatory
Licence
CC BY-NC-SA 3.0 IGO (WHO)
Coverage
191 places, 1,475 data points, 2008–2022
Last refreshed