Taxes as a % of price: total tax in Iceland
Iceland: Taxes as a % of price: total tax was 63.6% in 2022. ▬ Flat
Latest (2022)
63.6%
Change on year
up 15.7%
World rank
79th
of 189 countries
All-time high
63.6%
in 2022
All-time low
55.0%
in 2020
Years of data
8
2008–2022
Taxes as a % of price: total tax in Iceland, 2008–2022
Source: World Health Organization, Global Health Observatory.
Analysis
In 2022, taxes as a % of price: total tax in Iceland stood at 63.6%. That is the highest value across all 8 years on record.
Compared with earlier readings it is up 15.7% on the previous year and up 11.6% over ten years.
Over the whole period, taxes as a % of price: total tax in Iceland peaked at 63.6% in 2022 and was at its lowest, 55.0%, in 2020.
That places Iceland 79th out of 189 countries with data for 2022, putting it in the middle of the range.
Taxes as a % of price: total tax in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 58.3% | — |
| 2010 | 56.4% | -3.2% |
| 2012 | 57.0% | +0.9% |
| 2014 | 56.4% | -1.0% |
| 2016 | 55.5% | -1.5% |
| 2018 | 55.5% | -0.1% |
| 2020 | 55.0% | -1.0% |
| 2022 | 63.6% | +15.7% |
Iceland compared with similar countries
- Iceland's 63.6% is below the median for high income countries, which is 73.8%, 86% of the median. (61 countries reporting)
- Iceland's 63.6% is below the median for Europe & Central Asia, which is 75.3%, 84% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 58.3% | 58.3% | 58.3% | 1 |
| 2010s | 56.2% | 55.5% | 57.0% | 5 |
| 2020s | 59.3% | 55.0% | 63.6% | 2 |
Countries ranked near Iceland
More health data for Iceland
- Un projection of annual infant deaths, annual growth rate -100 % change on previous year (2085)
- Heat deaths vs projected death rates, annual growth rate -0.4982 % change on previous year (2090)
- Estimated changes in temperature-related death rates compared to projected death rates 1,358 deaths per 1,000 people (2090)
- Number of infants who die before age 1 0 deaths (2100)
- Neonatal tetanus - number of reported cases, gaps filled 0 (2025)
- Population ages 00-04, female, annual growth rate 0.1533 % change on previous year (2025)
- Population ages 00-04, female, per unit of GDP 0 units per US$ of GDP (2025)
- Population ages 00-04, female, per capita 0.0283 units per person (2025)
- Population ages 00-04, male, annual growth rate 0.1097 % change on previous year (2025)
- Population ages 00-04, male, per unit of GDP 0 units per US$ of GDP (2025)
Frequently asked questions
- What is taxes as a % of price: total tax in Iceland?
- Taxes as a % of price: total tax in Iceland was 63.6% in 2022, according to World Health Organization, Global Health Observatory.
- What is the highest taxes as a % of price: total tax recorded in Iceland?
- The highest recorded value was 63.6% in 2022.
- What is the lowest taxes as a % of price: total tax recorded in Iceland?
- The lowest recorded value was 55.0% in 2020.
- How does Iceland rank for taxes as a % of price: total tax?
- Iceland ranks 79th out of 189 countries with data for 2022.
- Is taxes as a % of price: total tax rising or falling in Iceland?
- Over the last ten years it is up 11.6%. The long-run trend across the full record is flat.
- 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: total tax. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 8 observations, free to reuse under CC BY-NC-SA 3.0 IGO (WHO).