Barbados vs Iceland: Tax revenue as a proportion of GDP
Barbados
23.4%
in 2016
Iceland
23.2%
in 2023
Barbados rank
26th
Iceland rank
28th
Tax revenue as a proportion of GDP over time
- Barbados
- Iceland
How they compare
Barbados currently reports 23.4% against 23.2% in Iceland, a difference of 0.2%.
The two have swapped places 5 times across 14 shared years of data; in 2003 it was Barbados ahead.
Barbados ranks 26th and Iceland ranks 28th of 164 countries.
Across the 2 decades both report, Barbados averaged higher in 1 and Iceland in 1.
Head to head by decade
| Decade | Barbados | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 25.6% | 24.2% | 1.4% | Barbados |
| 2010s | 20.5% | 23.8% | 3.3% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue as a proportion of gdp, Barbados or Iceland?
- Barbados, at 23.4% against 23.2% in Iceland as of 2016.
- What is the difference in tax revenue as a proportion of gdp between Barbados and Iceland?
- 0.2%, with Barbados ahead.
- How many years of comparable data are there for Barbados and Iceland?
- 14 years are reported by both, from 2003 to 2016.
- How do Barbados and Iceland rank globally for tax revenue as a proportion of gdp?
- Barbados ranks 26th and Iceland ranks 28th of 164 countries.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Tax revenue as a proportion of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.