Iceland vs Jamaica: Taxes less subsidies on products
Iceland
498.69 billion current LCU
in 2025
Jamaica
546.60 billion current LCU
in 2025
Iceland rank
58th
Jamaica rank
55th
Taxes less subsidies on products over time
- Iceland
- Jamaica
How they compare
Jamaica currently reports 546.60 billion current LCU against 498.69 billion current LCU in Iceland, a difference of 47.91 billion current LCU.
That makes Jamaica's figure about 1.1 times Iceland's.
The two have swapped places 1 time across 31 shared years of data; in 1995 it was Iceland ahead.
Iceland ranks 58th and Jamaica ranks 55th of 199 countries.
Across the 4 decades both report, Iceland averaged higher in 2 and Jamaica in 2.
Head to head by decade
| Decade | Iceland | Jamaica | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 75.43 billion current LCU | 32.08 billion current LCU | 43.34 billion current LCU | Iceland |
| 2000s | 138.21 billion current LCU | 86.90 billion current LCU | 51.31 billion current LCU | Iceland |
| 2010s | 237.26 billion current LCU | 265.37 billion current LCU | 28.11 billion current LCU | Jamaica |
| 2020s | 414.79 billion current LCU | 465.89 billion current LCU | 51.10 billion current LCU | Jamaica |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes less subsidies on products, Iceland or Jamaica?
- Jamaica, at 546.60 billion current LCU against 498.69 billion current LCU in Iceland as of 2025.
- What is the difference in taxes less subsidies on products between Iceland and Jamaica?
- 47.91 billion current LCU, with Jamaica ahead.
- How many years of comparable data are there for Iceland and Jamaica?
- 31 years are reported by both, from 1995 to 2025.
- How do Iceland and Jamaica rank globally for taxes less subsidies on products?
- Iceland ranks 58th and Jamaica ranks 55th of 199 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Taxes less subsidies on products (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.