Tax revenues vs income inequality, annual growth rate in Iceland
Iceland: Tax revenues vs income inequality, annual growth rate was 1.4 % change on previous year in 2023. ◆ Volatile
Tax revenues vs income inequality, annual growth rate in Iceland, 1981–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for tax revenues vs income inequality, annual growth rate in Iceland is 1.4 % change on previous year, measured in 2023.
That represents a change of up 51.5% on the previous year and up 29.3% over ten years.
Over the whole period, tax revenues vs income inequality, annual growth rate in Iceland peaked at 43.11 % change on previous year in 2016 and was at its lowest, -26.16 % change on previous year, in 2017.
Iceland ranks 102nd of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Tax revenues vs income inequality, annual growth rate in Iceland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1981 | 3.95 % change on previous year | — |
| 1982 | 0.9506 % change on previous year | -75.9% |
| 1983 | -8.23 % change on previous year | -965.6% |
| 1984 | 4.38 % change on previous year | -153.2% |
| 1985 | -4.67 % change on previous year | -206.6% |
| 1986 | 0.9767 % change on previous year | -120.9% |
| 1987 | 1.04 % change on previous year | +6.4% |
| 1988 | 9.09 % change on previous year | +774.4% |
| 1989 | 0.4903 % change on previous year | -94.6% |
| 1990 | -1.51 % change on previous year | -408.2% |
| 1991 | 1.14 % change on previous year | -175.5% |
| 1992 | 2.92 % change on previous year | +155.5% |
| 1993 | -3.14 % change on previous year | -207.7% |
| 1994 | -1.42 % change on previous year | -54.6% |
| 1995 | 1.97 % change on previous year | -238.2% |
| 1996 | 3.78 % change on previous year | +91.9% |
| 1997 | -0.933 % change on previous year | -124.7% |
| 1998 | 6.45 % change on previous year | -791.2% |
| 1999 | 6.82 % change on previous year | +5.8% |
| 2000 | -0.1236 % change on previous year | -101.8% |
| 2001 | -5.05 % change on previous year | +3988.4% |
| 2002 | -0.8649 % change on previous year | -82.9% |
| 2003 | 4.44 % change on previous year | -612.8% |
| 2004 | 3.01 % change on previous year | -32.1% |
| 2005 | 8.23 % change on previous year | +173.6% |
| 2006 | 0.5995 % change on previous year | -92.7% |
| 2007 | -3.07 % change on previous year | -611.6% |
| 2008 | -10.81 % change on previous year | +252.5% |
| 2009 | -8.75 % change on previous year | -19.0% |
| 2010 | 3.01 % change on previous year | -134.3% |
| 2011 | 3.29 % change on previous year | +9.4% |
| 2012 | 2.27 % change on previous year | -30.9% |
| 2013 | 1.09 % change on previous year | -52.2% |
| 2014 | 8.13 % change on previous year | +649.3% |
| 2015 | -5.31 % change on previous year | -165.3% |
| 2016 | 43.11 % change on previous year | -911.2% |
| 2017 | -26.16 % change on previous year | -160.7% |
| 2018 | -1.81 % change on previous year | -93.1% |
| 2019 | -3.74 % change on previous year | +106.0% |
| 2020 | 3.22 % change on previous year | -186.2% |
| 2021 | -4.04 % change on previous year | -225.4% |
| 2022 | 0.9258 % change on previous year | -122.9% |
| 2023 | 1.4 % change on previous year | +51.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.8868 % change on previous year | -8.23 % change on previous year | 9.09 % change on previous year | 9 |
| 1990s | 1.61 % change on previous year | -3.14 % change on previous year | 6.82 % change on previous year | 10 |
| 2000s | -1.24 % change on previous year | -10.81 % change on previous year | 8.23 % change on previous year | 10 |
| 2010s | 2.39 % change on previous year | -26.16 % change on previous year | 43.11 % change on previous year | 10 |
| 2020s | 0.3773 % change on previous year | -4.04 % change on previous year | 3.22 % change on previous year | 4 |
Countries ranked near Iceland
- 99 Cyprus 1.54 % change on previous year compare
- 100 Nepal 1.53 % change on previous year compare
- 101 Argentina 1.5 % change on previous year compare
- 103 Slovakia 1.36 % change on previous year compare
- 104 New Zealand 1.22 % change on previous year compare
- 105 Netherlands 1.21 % change on previous year compare
More poverty & inequality data for Iceland
- Number of income/consumption surveys in the past decade available via the World Bank 4 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (2025)
- Fertility rate vs. share living in extreme poverty 1.54 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 2,430 kg per hectare (2023)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2023)
- Cereal yield vs extreme poverty, annual growth rate -18.09 % change on previous year (2023)
- Tax revenues vs income inequality, gaps filled 35.57 (2023)
- Tax revenue as share of GDP vs. income inequality 35.6% (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
Frequently asked questions
- What is tax revenues vs income inequality, annual growth rate in Iceland?
- Tax revenues vs income inequality, annual growth rate in Iceland was 1.4 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest tax revenues vs income inequality, annual growth rate recorded in Iceland?
- The highest recorded value was 43.11 % change on previous year in 2016.
- What is the lowest tax revenues vs income inequality, annual growth rate recorded in Iceland?
- The lowest recorded value was -26.16 % change on previous year in 2017.
- How does Iceland rank for tax revenues vs income inequality, annual growth rate?
- Iceland ranks 102nd out of 187 countries with data for 2023.
- Is tax revenues vs income inequality, annual growth rate rising or falling in Iceland?
- Over the last ten years it is up 29.3%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Tax revenues vs income inequality, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 43 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Tax revenues vs income inequality. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Tax revenue as share of GDP vs. income inequality UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Tax revenues vs income inequality. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.