Iceland vs Romania: Taxes less subsidies on products (current US$), per unit of GDP

Iceland
0.1006 current US$ per US$ of GDP
in 2025
Romania
0.0991 current US$ per US$ of GDP
in 2025
Iceland rank
77th
Romania rank
79th

Taxes less subsidies on products (current US$), per unit of GDP over time

  • Iceland
  • Romania
00.050.10.15199020072025

How they compare

Iceland currently reports 0.1006 current US$ per US$ of GDP against 0.0991 current US$ per US$ of GDP in Romania, a difference of 0.0015 current US$ per US$ of GDP.

The two have swapped places 2 times across 31 shared years of data; in 1995 it was Iceland ahead.

Iceland ranks 77th and Romania ranks 79th of 197 countries.

Across the 4 decades both report, Iceland averaged higher in 3 and Romania in 1.

Head to head by decade

Decade Iceland Romania Difference Ahead
1990s 0.1341 current US$ per US$ of GDP 0.0733 current US$ per US$ of GDP 0.0608 current US$ per US$ of GDP Iceland
2000s 0.1245 current US$ per US$ of GDP 0.1022 current US$ per US$ of GDP 0.0222 current US$ per US$ of GDP Iceland
2010s 0.103 current US$ per US$ of GDP 0.1084 current US$ per US$ of GDP 0.0054 current US$ per US$ of GDP Romania
2020s 0.1026 current US$ per US$ of GDP 0.092 current US$ per US$ of GDP 0.0106 current US$ per US$ of GDP Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products (current us$), per unit of gdp, Iceland or Romania?
Iceland, at 0.1006 current US$ per US$ of GDP against 0.0991 current US$ per US$ of GDP in Romania as of 2025.
What is the difference in taxes less subsidies on products (current us$), per unit of gdp between Iceland and Romania?
0.0015 current US$ per US$ of GDP, with Iceland ahead.
How many years of comparable data are there for Iceland and Romania?
31 years are reported by both, from 1995 to 2025.
How do Iceland and Romania rank globally for taxes less subsidies on products (current us$), per unit of gdp?
Iceland ranks 77th and Romania ranks 79th of 197 countries.
Where does this data come from?
Statizoid (derived), published as Taxes less subsidies on products (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Romania: Taxes less subsidies on products (current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 14 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-us-per-unit-of-gdp/iceland/romania/

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About this data

Indicator
Taxes less subsidies on products (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 8,406 data points, 1960–2025
Last refreshed

Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.