Belgium vs Iceland: Tax revenue as a proportion of GDP

Belgium
22.8%
in 2022
Iceland
23.2%
in 2023
Belgium rank
30th
Iceland rank
28th

Tax revenue as a proportion of GDP over time

  • Belgium
  • Iceland
010203040200020112023

How they compare

Iceland currently reports 23.2% against 22.8% in Belgium, a difference of 0.4%.

The two have swapped places 6 times across 23 shared years of data; in 2000 it was Belgium ahead.

Belgium ranks 30th and Iceland ranks 28th of 164 countries.

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

Head to head by decade

Decade Belgium Iceland Difference Ahead
2000s 25.5% 23.9% 1.6% Belgium
2010s 24.5% 23.5% 1.0% Belgium
2020s 22.6% 21.7% 0.9% Belgium

Averages of every year both report within each decade.

Frequently asked questions

Which has higher tax revenue as a proportion of gdp, Belgium or Iceland?
Iceland, at 23.2% against 22.8% in Belgium as of 2023.
What is the difference in tax revenue as a proportion of gdp between Belgium and Iceland?
0.4%, with Iceland ahead.
How many years of comparable data are there for Belgium and Iceland?
23 years are reported by both, from 2000 to 2022.
How do Belgium and Iceland rank globally for tax revenue as a proportion of gdp?
Belgium ranks 30th 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.

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Belgium vs Iceland: Tax revenue as a proportion of GDP. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/tax-revenue-as-a-proportion-of-gdp-percent/belgium/iceland/

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About this data

Indicator
Tax revenue as a proportion of GDP (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
194 places, 3,662 data points, 2000–2024
Last refreshed