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

Iceland
0.1006 current US$ per US$ of GDP
in 2025
Vanuatu
0.1023 current US$ per US$ of GDP
in 2024
Iceland rank
77th
Vanuatu rank
75th

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

  • Iceland
  • Vanuatu
00.050.10.15199520102025

How they compare

Vanuatu currently reports 0.1023 current US$ per US$ of GDP against 0.1006 current US$ per US$ of GDP in Iceland, a difference of 0.0017 current US$ per US$ of GDP.

The two have swapped places 8 times across 27 shared years of data; in 1998 it was Iceland ahead.

Iceland ranks 77th and Vanuatu ranks 75th of 197 countries.

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

Head to head by decade

Decade Iceland Vanuatu Difference Ahead
1990s 0.1361 current US$ per US$ of GDP 0.1186 current US$ per US$ of GDP 0.0175 current US$ per US$ of GDP Iceland
2000s 0.1245 current US$ per US$ of GDP 0.1236 current US$ per US$ of GDP 0.0008 current US$ per US$ of GDP Iceland
2010s 0.103 current US$ per US$ of GDP 0.1008 current US$ per US$ of GDP 0.0022 current US$ per US$ of GDP Iceland
2020s 0.103 current US$ per US$ of GDP 0.0984 current US$ per US$ of GDP 0.0046 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$), per unit of gdp, Iceland or Vanuatu?
Vanuatu, at 0.1023 current US$ per US$ of GDP against 0.1006 current US$ per US$ of GDP in Iceland as of 2024.
What is the difference in taxes less subsidies on products (current us$), per unit of gdp between Iceland and Vanuatu?
0.0017 current US$ per US$ of GDP, with Vanuatu ahead.
How many years of comparable data are there for Iceland and Vanuatu?
27 years are reported by both, from 1998 to 2024.
How do Iceland and Vanuatu rank globally for taxes less subsidies on products (current us$), per unit of gdp?
Iceland ranks 77th and Vanuatu ranks 75th of 197 countries.
Where does this data come from?
Statizoid (derived), published as Taxes less subsidies on products (current US$), 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 Vanuatu: Taxes less subsidies on products (current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 13 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-us-per-unit-of-gdp/iceland/vanuatu/

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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.