Iceland vs Luxembourg: Tax revenue as share of GDP
Iceland
37.7%
in 2017
Luxembourg
38.7%
in 2017
Iceland rank
14th
Luxembourg rank
11th
Tax revenue as share of GDP over time
- Iceland
- Luxembourg
How they compare
Luxembourg currently reports 38.7% against 37.7% in Iceland, a difference of 1.0%.
The two have swapped places 6 times across 28 shared years of data; in 1990 it was Luxembourg ahead.
Iceland ranks 14th and Luxembourg ranks 11th of 77 countries.
Luxembourg has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Iceland | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 32.1% | 34.6% | 2.5% | Luxembourg |
| 2000s | 36.3% | 37.0% | 0.7% | Luxembourg |
| 2010s | 37.8% | 37.8% | 0.0% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue as share of gdp, Iceland or Luxembourg?
- Luxembourg, at 38.7% against 37.7% in Iceland as of 2017.
- What is the difference in tax revenue as share of gdp between Iceland and Luxembourg?
- 1.0%, with Luxembourg ahead.
- How many years of comparable data are there for Iceland and Luxembourg?
- 28 years are reported by both, from 1990 to 2017.
- How do Iceland and Luxembourg rank globally for tax revenue as share of gdp?
- Iceland ranks 14th and Luxembourg ranks 11th of 77 countries.
- Where does this data come from?
- OECD (2018) β processed by Our World in Data, published as Tax revenue as share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The level of total tax revenues as a percentage of GDP. Total tax include sub-national revenues, and compulsory social security contributions paid to the general government.