Iceland vs Least Developed Countries (LDCs): Tax revenue as a proportion of GDP
Iceland
23.2%
in 2023
Least Developed Countries (LDCs)
10.5%
in 2021
Iceland rank
28th
Least Developed Countries (LDCs) rank
25th
Tax revenue as a proportion of GDP over time
- Iceland
- Least Developed Countries (LDCs)
How they compare
Iceland currently reports 23.2% against 10.5% in Least Developed Countries (LDCs), a difference of 12.7%.
That makes Iceland's figure about 2.2 times Least Developed Countries (LDCs)'s.
Across all 13 years both countries report, Iceland has been ahead every year.
Iceland ranks 28th and Least Developed Countries (LDCs) ranks 25th of 164 countries.
Iceland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Iceland | Least Developed Countries (LDCs) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 19.8% | 10.0% | 9.9% | Iceland |
| 2010s | 23.5% | 10.3% | 13.2% | Iceland |
| 2020s | 21.5% | 11.3% | 10.2% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue as a proportion of gdp, Iceland or Least Developed Countries (LDCs)?
- Iceland, at 23.2% against 10.5% in Least Developed Countries (LDCs) as of 2023.
- What is the difference in tax revenue as a proportion of gdp between Iceland and Least Developed Countries (LDCs)?
- 12.7%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Least Developed Countries (LDCs)?
- 13 years are reported by both, from 2009 to 2021.
- How do Iceland and Least Developed Countries (LDCs) rank globally for tax revenue as a proportion of gdp?
- Iceland ranks 28th and Least Developed Countries (LDCs) ranks 25th 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.