What is the difference in taxes less subsidies on products between Germany and Iceland?

3.77 billion constant LCU, with Iceland ahead.

How many years of comparable data are there for Germany and Iceland?

31 years are reported by both, from 1995 to 2025.

Where does this data come from?

Country official statistics, National Statistical Organizations and/or Central Banks, published as Taxes less subsidies on products (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Germany vs Iceland: Taxes less subsidies on products

Germany

348.27 billion constant LCU

in 2025

Iceland

352.05 billion constant LCU

in 2025

Germany rank

52nd

Iceland rank

51st

Taxes less subsidies on products over time

Germany
Iceland

How they compare

Iceland currently reports 352.05 billion constant LCU against 348.27 billion constant LCU in Germany, a difference of 3.77 billion constant LCU.

The two have swapped places 1 time across 31 shared years of data; in 1995 it was Germany ahead.

Germany ranks 52nd and Iceland ranks 51st of 189 countries.

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

Head to head by decade

Decade	Germany	Iceland	Difference	Ahead
1990s	302.05 billion constant LCU	161.57 billion constant LCU	140.48 billion constant LCU	Germany
2000s	305.35 billion constant LCU	223.37 billion constant LCU	81.98 billion constant LCU	Germany
2010s	331.11 billion constant LCU	271.98 billion constant LCU	59.13 billion constant LCU	Germany
2020s	349.50 billion constant LCU	331.30 billion constant LCU	18.20 billion constant LCU	Germany

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products, Germany or Iceland?: Iceland, at 352.05 billion constant LCU against 348.27 billion constant LCU in Germany as of 2025.
What is the difference in taxes less subsidies on products between Germany and Iceland?: 3.77 billion constant LCU, with Iceland ahead.
How many years of comparable data are there for Germany and Iceland?: 31 years are reported by both, from 1995 to 2025.
How do Germany and Iceland rank globally for taxes less subsidies on products?: Germany ranks 52nd and Iceland ranks 51st of 189 countries.
Where does this data come from?: Country official statistics, National Statistical Organizations and/or Central Banks, published as Taxes less subsidies on products (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Germany vs Iceland: Taxes less subsidies on products. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 05 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-constant-lcu/germany/iceland/

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About this data

Indicator: Taxes less subsidies on products (constant LCU)
Unit: constant LCU
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 190 places, 7,356 data points, 1960–2025
Last refreshed: 03 September 2026

Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.