Iceland vs Viet Nam: Effective tax rates - Corporate tax statistics — Effective marginal

Iceland
144.03 Percentage of taxable income
in 2025
Viet Nam
10.24 Percentage of taxable income
in 2025
Iceland rank
4th
Viet Nam rank
2nd

Effective tax rates - Corporate tax statistics — Effective marginal over time

  • Iceland
  • Viet Nam
050100150200201720212025

How they compare

Iceland currently reports 144.03 Percentage of taxable income against 10.24 Percentage of taxable income in Viet Nam, a difference of 133.79 Percentage of taxable income.

That makes Iceland's figure about 14.1 times Viet Nam's.

Across all 9 years both countries report, Iceland has been ahead every year.

Iceland ranks 4th and Viet Nam ranks 2nd of 99 countries.

Iceland has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Iceland Viet Nam Difference Ahead
2010s 25.78 Percentage of taxable income 10.35 Percentage of taxable income 15.43 Percentage of taxable income Iceland
2020s 104.45 Percentage of taxable income 10.39 Percentage of taxable income 94.06 Percentage of taxable income Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher effective tax rates - corporate tax statistics — effective marginal, Iceland or Viet Nam?
Iceland, at 144.03 Percentage of taxable income against 10.24 Percentage of taxable income in Viet Nam as of 2025.
What is the difference in effective tax rates - corporate tax statistics — effective marginal between Iceland and Viet Nam?
133.79 Percentage of taxable income, with Iceland ahead.
How many years of comparable data are there for Iceland and Viet Nam?
9 years are reported by both, from 2017 to 2025.
How do Iceland and Viet Nam rank globally for effective tax rates - corporate tax statistics — effective marginal?
Iceland ranks 4th and Viet Nam ranks 2nd of 99 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Effective tax rates - Corporate tax statistics — Effective marginal tax rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Viet Nam: Effective tax rates - Corporate tax statistics — Effective marginal. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 17 September 2026, from https://economy.statizoid.com/compare/effective-tax-rates-corporate-tax-statistics-effective-marginal-tax-rate/iceland/viet-nam-2/

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About this data

Indicator
Effective tax rates - Corporate tax statistics — Effective marginal tax rate
Unit
Percentage of taxable income
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
105 places, 936 data points, 2017–2025
Last refreshed

This table reports synthetic tax policy indicators calculated on the basis of a prospective, hypothetical investment project. Unlike backward-looking ETRs, they do not incorporate any information about firms' actual tax payments.The OECD methodology has been described in detail in the OECD Taxation Working Paper No. 38 (Hanappi, 2018). Further methodological information is available in the explanatory annex.