Iceland vs Korea: Subnational government tax revenue

Iceland
33.97 Percentage of GDP
in 2024
Korea
17.97 Percentage of GDP
in 2024
Iceland rank
3rd
Korea rank
2nd

Subnational government tax revenue over time

  • Iceland
  • Korea
20304050200020122024

How they compare

Iceland currently reports 33.97 Percentage of GDP against 17.97 Percentage of GDP in Korea, a difference of 16 Percentage of GDP.

That makes Iceland's figure about 1.9 times Korea's.

Across all 25 years both countries report, Iceland has been ahead every year.

Iceland ranks 3rd and Korea ranks 2nd of 36 countries.

Iceland has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iceland Korea Difference Ahead
2000s 32.65 Percentage of GDP 17.04 Percentage of GDP 15.61 Percentage of GDP Iceland
2010s 32.75 Percentage of GDP 17.43 Percentage of GDP 15.32 Percentage of GDP Iceland
2020s 32.62 Percentage of GDP 19.93 Percentage of GDP 12.68 Percentage of GDP Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher subnational government tax revenue, Iceland or Korea?
Iceland, at 33.97 Percentage of GDP against 17.97 Percentage of GDP in Korea as of 2024.
What is the difference in subnational government tax revenue between Iceland and Korea?
16 Percentage of GDP, with Iceland ahead.
How many years of comparable data are there for Iceland and Korea?
25 years are reported by both, from 2000 to 2024.
How do Iceland and Korea rank globally for subnational government tax revenue?
Iceland ranks 3rd and Korea ranks 2nd of 36 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Subnational government tax revenue. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Korea: Subnational government tax revenue. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 10 September 2026, from https://economy.statizoid.com/compare/subnational-government-tax-revenue/iceland/korea/

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About this data

Indicator
Subnational government tax revenue
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
42 places, 1,036 data points, 2000–2024
Last refreshed

This dataset includes subnational government tax revenue expressed in several units of measures: USD PPP, USD PPP per capita, percentage of GDP, percentage of total public tax revenue and percentage of total subnational revenue. The Subnational Government Structure and Finance Dashboard compiles several datasets with comparable data on institutional organisation and public finance at subnational government level. It provides data for the time period 2000 - 2024 (based on data availability), for all 38 OECD member countries, and the average for the European Union. It includes data for the subnational government sector, for both state and local government levels for some federal countries. The data for the latest year available is also available in PDF format and via an Interactive dashboard.