Bahamas vs Iceland: Share of central government spending funded by taxes
Bahamas
73.0%
in 2023
Iceland
73.2%
in 2023
Bahamas rank
31st
Iceland rank
30th
Share of central government spending funded by taxes over time
- Bahamas
- Iceland
How they compare
Iceland currently reports 73.2% against 73.0% in Bahamas, a difference of 0.2%.
The two have swapped places 5 times across 24 shared years of data; in 2000 it was Bahamas ahead.
Bahamas ranks 31st and Iceland ranks 30th of 174 countries.
Across the 3 decades both report, Bahamas averaged higher in 1 and Iceland in 2.
Head to head by decade
| Decade | Bahamas | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 82.1% | 73.0% | 9.1% | Bahamas |
| 2010s | 69.9% | 71.7% | 1.8% | Iceland |
| 2020s | 62.9% | 68.0% | 5.1% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of central government spending funded by taxes, Bahamas or Iceland?
- Iceland, at 73.2% against 73.0% in Bahamas as of 2023.
- What is the difference in share of central government spending funded by taxes between Bahamas and Iceland?
- 0.2%, with Iceland ahead.
- How many years of comparable data are there for Bahamas and Iceland?
- 24 years are reported by both, from 2000 to 2023.
- How do Bahamas and Iceland rank globally for share of central government spending funded by taxes?
- Bahamas ranks 31st and Iceland ranks 30th of 174 countries.
- Where does this data come from?
- International Monetary Fund – with minor processing by Our World in Data, published as Share of central government spending funded by taxes. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Spending refers to the budgetary central government which includes the core institutions of the national government. Funds only include taxes; Fines, penalties, and most social security contributions are excluded.