Eastern Asia vs Iceland: Tax revenue as a proportion of GDP

Eastern Asia
8.5%
in 2023
Iceland
23.2%
in 2023
Eastern Asia rank
28th
Iceland rank
28th

Tax revenue as a proportion of GDP over time

  • Eastern Asia
  • Iceland
10203040200020112023

How they compare

Iceland currently reports 23.2% against 8.5% in Eastern Asia, a difference of 14.7%.

That makes Iceland's figure about 2.7 times Eastern Asia's.

Across all 19 years both countries report, Iceland has been ahead every year.

Eastern Asia ranks 28th and Iceland ranks 28th of 30 groups.

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

Head to head by decade

Decade Eastern Asia Iceland Difference Ahead
2000s 10.0% 24.3% 14.3% Iceland
2010s 10.0% 23.5% 13.5% Iceland
2020s 8.7% 22.1% 13.4% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher tax revenue as a proportion of gdp, Eastern Asia or Iceland?
Iceland, at 23.2% against 8.5% in Eastern Asia as of 2023.
What is the difference in tax revenue as a proportion of gdp between Eastern Asia and Iceland?
14.7%, with Iceland ahead.
How many years of comparable data are there for Eastern Asia and Iceland?
19 years are reported by both, from 2005 to 2023.
How do Eastern Asia and Iceland rank globally for tax revenue as a proportion of gdp?
Eastern Asia ranks 28th and Iceland ranks 28th of 30 groups.
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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Eastern Asia vs Iceland: Tax revenue as a proportion of GDP. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 17 September 2026, from https://economy.statizoid.com/compare/tax-revenue-as-a-proportion-of-gdp-percent/eastern-asia/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