Tax revenues vs income inequality, gaps filled in Iceland
Iceland: Tax revenues vs income inequality, gaps filled was 35.57 in 2023. ▲ Rising
Tax revenues vs income inequality, gaps filled in Iceland, 1980–2023
Source: Statizoid (derived).
Analysis
The most recent figure for tax revenues vs income inequality, gaps filled in Iceland is 35.57, measured in 2023.
The figure is up 1.4% on the previous year and up 3.7% over ten years.
Over the whole period, tax revenues vs income inequality, gaps filled in Iceland peaked at 50.29 in 2016 and was at its lowest, 27.52, in 1985.
That places Iceland 20th out of 187 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 44 years of available data.
Tax revenues vs income inequality, gaps filled in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 28.72 | — |
| 1981 | 29.85 | +4.0% |
| 1982 | 30.14 | +1.0% |
| 1983 | 27.66 | -8.2% |
| 1984 | 28.87 | +4.4% |
| 1985 | 27.52 | -4.7% |
| 1986 | 27.79 | +1.0% |
| 1987 | 28.08 | +1.0% |
| 1988 | 30.63 | +9.1% |
| 1989 | 30.78 | +0.5% |
| 1990 | 30.32 | -1.5% |
| 1991 | 30.66 | +1.1% |
| 1992 | 31.56 | +2.9% |
| 1993 | 30.57 | -3.1% |
| 1994 | 30.13 | -1.4% |
| 1995 | 30.72 | +2.0% |
| 1996 | 31.89 | +3.8% |
| 1997 | 31.59 | -0.9% |
| 1998 | 33.63 | +6.4% |
| 1999 | 35.92 | +6.8% |
| 2000 | 35.88 | -0.1% |
| 2001 | 34.06 | -5.1% |
| 2002 | 33.77 | -0.9% |
| 2003 | 35.27 | +4.4% |
| 2004 | 36.33 | +3.0% |
| 2005 | 39.32 | +8.2% |
| 2006 | 39.55 | +0.6% |
| 2007 | 38.34 | -3.1% |
| 2008 | 34.2 | -10.8% |
| 2009 | 31.2 | -8.8% |
| 2010 | 32.14 | +3.0% |
| 2011 | 33.2 | +3.3% |
| 2012 | 33.95 | +2.3% |
| 2013 | 34.32 | +1.1% |
| 2014 | 37.11 | +8.1% |
| 2015 | 35.14 | -5.3% |
| 2016 | 50.29 | +43.1% |
| 2017 | 37.13 | -26.2% |
| 2018 | 36.46 | -1.8% |
| 2019 | 35.09 | -3.7% |
| 2020 | 36.22 | +3.2% |
| 2021 | 34.76 | -4.0% |
| 2022 | 35.08 | +0.9% |
| 2023 | 35.57 | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 29 | 27.52 | 30.78 | 10 |
| 1990s | 31.7 | 30.13 | 35.92 | 10 |
| 2000s | 35.79 | 31.2 | 39.55 | 10 |
| 2010s | 36.48 | 32.14 | 50.29 | 10 |
| 2020s | 35.41 | 34.76 | 36.22 | 4 |
Countries ranked near Iceland
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 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)
- Tax revenues vs income inequality, annual growth rate 1.4 % change on previous year (2023)
Frequently asked questions
- What is tax revenues vs income inequality, gaps filled in Iceland?
- Tax revenues vs income inequality, gaps filled in Iceland was 35.57 in 2023, according to Statizoid (derived).
- What is the highest tax revenues vs income inequality, gaps filled recorded in Iceland?
- The highest recorded value was 50.29 in 2016.
- What is the lowest tax revenues vs income inequality, gaps filled recorded in Iceland?
- The lowest recorded value was 27.52 in 1985.
- How does Iceland rank for tax revenues vs income inequality, gaps filled?
- Iceland ranks 20th out of 187 countries with data for 2023.
- Is tax revenues vs income inequality, gaps filled rising or falling in Iceland?
- Over the last ten years it is up 3.7%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Tax revenues vs income inequality, gaps filled. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Tax revenues vs income inequality with 52 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.
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
Tax revenues vs income inequality with 52 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.