Iceland vs Switzerland: Statutory corporate income tax rate
Statutory corporate income tax rate over time
- Iceland
- Switzerland
How they compare
Switzerland currently reports 21.1% against 20.0% in Iceland, a difference of 1.1%.
That makes Switzerland's figure about 1.1 times Iceland's.
The two have swapped places 1 time across 19 shared years of data; in 2000 it was Iceland ahead.
Iceland ranks 54th and Switzerland ranks 52nd of 93 countries.
Switzerland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Switzerland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 19.8% | 22.9% | 3.1% | Switzerland |
| 2010s | 19.8% | 21.2% | 1.4% | Switzerland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher statutory corporate income tax rate, Iceland or Switzerland?
- Switzerland, at 21.1% against 20.0% in Iceland as of 2018.
- What is the difference in statutory corporate income tax rate between Iceland and Switzerland?
- 1.1%, with Switzerland ahead.
- How many years of comparable data are there for Iceland and Switzerland?
- 19 years are reported by both, from 2000 to 2018.
- How do Iceland and Switzerland rank globally for statutory corporate income tax rate?
- Iceland ranks 54th and Switzerland ranks 52nd of 93 countries.
- Where does this data come from?
- OECD (2019) β 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.
Individual pages
About this data
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.