Denmark vs Iceland: Taxes less subsidies on products (constant LCU), annual growth rate

Denmark
1.21 % change on previous year
in 2025
Iceland
1.28 % change on previous year
in 2025
Denmark rank
145th
Iceland rank
143rd

Taxes less subsidies on products (constant LCU), annual growth rate over time

  • Denmark
  • Iceland
-1001020196719962025

How they compare

Iceland currently reports 1.28 % change on previous year against 1.21 % change on previous year in Denmark, a difference of 0.07 % change on previous year.

That makes Iceland's figure about 1.1 times Denmark's.

The two have swapped places 11 times across 30 shared years of data; in 1996 it was Denmark ahead.

Denmark ranks 145th and Iceland ranks 143rd of 188 countries.

Iceland has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Denmark Iceland Difference Ahead
1990s 3.55 % change on previous year 4.89 % change on previous year 1.33 % change on previous year Iceland
2000s 1.07 % change on previous year 3.4 % change on previous year 2.33 % change on previous year Iceland
2010s 2.03 % change on previous year 2.51 % change on previous year 0.4854 % change on previous year Iceland
2020s -0.4457 % change on previous year 2.07 % change on previous year 2.52 % change on previous year Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products (constant lcu), annual growth rate, Denmark or Iceland?
Iceland, at 1.28 % change on previous year against 1.21 % change on previous year in Denmark as of 2025.
What is the difference in taxes less subsidies on products (constant lcu), annual growth rate between Denmark and Iceland?
0.07 % change on previous year, with Iceland ahead.
How many years of comparable data are there for Denmark and Iceland?
30 years are reported by both, from 1996 to 2025.
How do Denmark and Iceland rank globally for taxes less subsidies on products (constant lcu), annual growth rate?
Denmark ranks 145th and Iceland ranks 143rd of 188 countries.
Where does this data come from?
Statizoid (derived), published as Taxes less subsidies on products (constant LCU), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Denmark vs Iceland: Taxes less subsidies on products (constant LCU), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-constant-lcu-annual-growth-rate/denmark/iceland/

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About this data

Indicator
Taxes less subsidies on products (constant LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
188 places, 7,126 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Taxes less subsidies on products (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.