Iceland vs United States: Annual government taxes and social contributions receipts — Taxes on

Iceland
626,380 National currency
in 2024
United States
2.55 million National currency
in 2024
Iceland rank
4th
United States rank
1st

Annual government taxes and social contributions receipts — Taxes on over time

  • Iceland
  • United States
01.0M2.0M3.0M197019972024

How they compare

United States currently reports 2.55 million National currency against 626,380 National currency in Iceland, a difference of 1.93 million National currency.

That makes United States's figure about 4.1 times Iceland's.

Across all 27 years both countries report, United States has been ahead every year.

Iceland ranks 4th and United States ranks 1st of 23 countries.

United States has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Iceland United States Difference Ahead
1990s 73,013 National currency 954,770 National currency 881,757 National currency United States
2000s 142,705 National currency 1.13 million National currency 982,635 National currency United States
2010s 305,218 National currency 1.64 million National currency 1.33 million National currency United States
2020s 539,515 National currency 2.47 million National currency 1.93 million National currency United States

Averages of every year both report within each decade.

Frequently asked questions

Which has higher annual government taxes and social contributions receipts — taxes on, Iceland or United States?
United States, at 2.55 million National currency against 626,380 National currency in Iceland as of 2024.
What is the difference in annual government taxes and social contributions receipts — taxes on between Iceland and United States?
1.93 million National currency, with United States ahead.
How many years of comparable data are there for Iceland and United States?
27 years are reported by both, from 1998 to 2024.
How do Iceland and United States rank globally for annual government taxes and social contributions receipts — taxes on?
Iceland ranks 4th and United States ranks 1st of 23 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Annual government taxes and social contributions receipts — Taxes on individual or household income excluding holding gains. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs United States: Annual government taxes and social contributions receipts — Taxes on. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 19 September 2026, from https://economy.statizoid.com/compare/annual-government-taxes-and-social-contributions-receipts-taxes-on-individual-or/iceland/united-states/

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About this data

Indicator
Annual government taxes and social contributions receipts — Taxes on individual or household income excluding holding gains
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
30 places, 951 data points, 1970–2025
Last refreshed

This table presents taxes and social contribution receipts for General Government and its sub-sectors: central, local and state (regional) government and social security, as well as for institutions of the European Union. Total tax receipts comprise taxes on production and imports, current taxes on income wealth etc. and capital taxes. Social contribution receipts comprise actual and imputed social contributions. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. These indicators were presented in the previous dissemination system in the SNA_TABLE10 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org