Iceland vs Paraguay: Taxes less subsidies on products
Iceland
3.88 billion current US$
in 2025
Paraguay
3.92 billion current US$
in 2025
Iceland rank
88th
Paraguay rank
87th
Taxes less subsidies on products over time
- Iceland
- Paraguay
How they compare
Paraguay currently reports 3.92 billion current US$ against 3.88 billion current US$ in Iceland, a difference of 41.84 million current US$.
The two have swapped places 3 times across 31 shared years of data; in 1995 it was Iceland ahead.
Iceland ranks 88th and Paraguay ranks 87th of 199 countries.
Across the 4 decades both report, Iceland averaged higher in 2 and Paraguay in 2.
Head to head by decade
| Decade | Iceland | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.09 billion current US$ | 707.19 million current US$ | 380.95 million current US$ | Iceland |
| 2000s | 1.78 billion current US$ | 826.65 million current US$ | 949.27 million current US$ | Iceland |
| 2010s | 2.01 billion current US$ | 2.65 billion current US$ | 639.87 million current US$ | Paraguay |
| 2020s | 3.10 billion current US$ | 3.16 billion current US$ | 53.70 million current US$ | Paraguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes less subsidies on products, Iceland or Paraguay?
- Paraguay, at 3.92 billion current US$ against 3.88 billion current US$ in Iceland as of 2025.
- What is the difference in taxes less subsidies on products between Iceland and Paraguay?
- 41.84 million current US$, with Paraguay ahead.
- How many years of comparable data are there for Iceland and Paraguay?
- 31 years are reported by both, from 1995 to 2025.
- How do Iceland and Paraguay rank globally for taxes less subsidies on products?
- Iceland ranks 88th and Paraguay ranks 87th of 199 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Taxes less subsidies on products (current US$). 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 indicator is expressed in United States dollars.