Iceland vs Slovakia: Statutory corporate income tax rate

Iceland
20.0%
in 2018
Slovakia
21.0%
in 2018
Iceland rank
54th
Slovakia rank
53rd

Statutory corporate income tax rate over time

  • Iceland
  • Slovakia
0102030200020092018

How they compare

Slovakia currently reports 21.0% against 20.0% in Iceland, a difference of 1.0%.

That makes Slovakia's figure about 1.1 times Iceland's.

The two have swapped places 3 times across 19 shared years of data; in 2000 it was Iceland ahead.

Iceland ranks 54th and Slovakia ranks 53rd of 93 countries.

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

Head to head by decade

Decade Iceland Slovakia Difference Ahead
2000s 19.8% 22.2% 2.4% Slovakia
2010s 19.8% 20.9% 1.1% Slovakia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher statutory corporate income tax rate, Iceland or Slovakia?
Slovakia, at 21.0% against 20.0% in Iceland as of 2018.
What is the difference in statutory corporate income tax rate between Iceland and Slovakia?
1.0%, with Slovakia ahead.
How many years of comparable data are there for Iceland and Slovakia?
19 years are reported by both, from 2000 to 2018.
How do Iceland and Slovakia rank globally for statutory corporate income tax rate?
Iceland ranks 54th and Slovakia ranks 53rd of 93 countries.
Where does this data come from?
OECD (2019) – processed by Our World in Data, published as Statutory corporate income tax rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Slovakia: Statutory corporate income tax rate. Statizoid, drawing on OECD (2019) – processed by Our World in Data. Retrieved 11 September 2026, from https://economy.statizoid.com/compare/statutory-corporate-income-tax-rate/iceland/slovak-republic/

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About this data

Indicator
Statutory corporate income tax rate
Unit
%
Source
OECD (2019) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
93 places, 1,767 data points, 2000–2018
Last refreshed

Estimates correspond to the combined rates for central and sub-central government levels (i.e. central government corporate tax rate, less deductions for sub-national taxes, plus sub-central corporate tax rate). Figures correspond to the standard rate that is not targeted at particular industries or income types. The top marginal rate is reported if the corporate tax system is progressive.