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

Iceland
0.1006 current US$ per US$ of GDP
in 2025
South Africa
0.1002 current US$ per US$ of GDP
in 2025
Iceland rank
77th
South Africa rank
78th

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

  • Iceland
  • South Africa
0.050.0750.10.1250.15196019922025

How they compare

Iceland currently reports 0.1006 current US$ per US$ of GDP against 0.1002 current US$ per US$ of GDP in South Africa, a difference of 0.0004 current US$ per US$ of GDP.

The two have swapped places 4 times across 31 shared years of data; in 1995 it was Iceland ahead.

Iceland ranks 77th and South Africa ranks 78th of 197 countries.

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

Head to head by decade

Decade Iceland South Africa Difference Ahead
1990s 0.1341 current US$ per US$ of GDP 0.0775 current US$ per US$ of GDP 0.0566 current US$ per US$ of GDP Iceland
2000s 0.1245 current US$ per US$ of GDP 0.0858 current US$ per US$ of GDP 0.0386 current US$ per US$ of GDP Iceland
2010s 0.103 current US$ per US$ of GDP 0.0948 current US$ per US$ of GDP 0.0082 current US$ per US$ of GDP Iceland
2020s 0.1026 current US$ per US$ of GDP 0.0993 current US$ per US$ of GDP 0.0033 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$), per unit of gdp, Iceland or South Africa?
Iceland, at 0.1006 current US$ per US$ of GDP against 0.1002 current US$ per US$ of GDP in South Africa as of 2025.
What is the difference in taxes less subsidies on products (current us$), per unit of gdp between Iceland and South Africa?
0.0004 current US$ per US$ of GDP, with Iceland ahead.
How many years of comparable data are there for Iceland and South Africa?
31 years are reported by both, from 1995 to 2025.
How do Iceland and South Africa rank globally for taxes less subsidies on products (current us$), per unit of gdp?
Iceland ranks 77th and South Africa ranks 78th of 197 countries.
Where does this data come from?
Statizoid (derived), published as Taxes less subsidies on products (current US$), 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 South Africa: Taxes less subsidies on products (current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 16 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-us-per-unit-of-gdp/iceland/south-africa/

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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.