Annual government taxes and social contributions receipts — Other in Iceland
Iceland: Annual government taxes and social contributions receipts — Other was 2,860 National currency in 2024. ◆ Volatile
Annual government taxes and social contributions receipts — Other in Iceland, 1998–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
In 2024, annual government taxes and social contributions receipts — other in Iceland stood at 2,860 National currency. That is the highest value across all 27 years on record.
Compared with earlier readings it is up 681,019.0% on the previous year and up 912.9% over ten years.
Over the whole period, annual government taxes and social contributions receipts — other in Iceland peaked at 2,860 National currency in 2024 and was at its lowest, -1.67 National currency, in 2021.
Iceland ranks 7th of 26 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual government taxes and social contributions receipts — Other in Iceland, year by year
| Year | National currency | Change |
|---|---|---|
| 1998 | 332.43 National currency | — |
| 1999 | 174.9 National currency | -47.4% |
| 2000 | 101.73 National currency | -41.8% |
| 2001 | 199.68 National currency | +96.3% |
| 2002 | 280.16 National currency | +40.3% |
| 2003 | 203.21 National currency | -27.5% |
| 2004 | 204.67 National currency | +0.7% |
| 2005 | 188.12 National currency | -8.1% |
| 2006 | 167.98 National currency | -10.7% |
| 2007 | 142.62 National currency | -15.1% |
| 2008 | 67.54 National currency | -52.6% |
| 2009 | 54.71 National currency | -19.0% |
| 2010 | 63.26 National currency | +15.6% |
| 2011 | 60.13 National currency | -4.9% |
| 2012 | 200.03 National currency | +232.7% |
| 2013 | 283.64 National currency | +41.8% |
| 2014 | 282.34 National currency | -0.5% |
| 2015 | 326.93 National currency | +15.8% |
| 2016 | 416.19 National currency | +27.3% |
| 2017 | 595.23 National currency | +43.0% |
| 2018 | 1,361 National currency | +128.7% |
| 2019 | 1,310 National currency | -3.8% |
| 2020 | 288.66 National currency | -78.0% |
| 2021 | -1.67 National currency | -100.6% |
| 2022 | 27.84 National currency | -1767.1% |
| 2023 | -0.42 National currency | -101.5% |
| 2024 | 2,860 National currency | -681019.0% |
Iceland compared with similar countries
- Iceland's 2,860 National currency is above the median for high income countries, which is 560 National currency, 5.1× the median. (25 countries reporting)
- Iceland's 2,860 National currency is above the median for Europe & Central Asia, which is 549 National currency, 5.2× the median. (19 countries reporting)
Biggest year-on-year movements
Years where Annual government taxes and social contributions receipts — Other in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2024 | +681019.0% | -0.42 National currency | 2,860 National currency |
| 2022 | +1767.1% | -1.67 National currency | 27.84 National currency |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 253.67 National currency | 174.9 National currency | 332.43 National currency | 2 |
| 2000s | 161.04 National currency | 54.71 National currency | 280.16 National currency | 10 |
| 2010s | 489.86 National currency | 60.13 National currency | 1,361 National currency | 10 |
| 2020s | 634.85 National currency | -1.67 National currency | 2,860 National currency | 5 |
Countries ranked near Iceland
- 4 Costa Rica 17,432 National currency compare
- 4 Poland 3,154 National currency compare
- 5 Slovenia 311.93 National currency compare
- 5 Canada 11,555 National currency compare
- 6 Sweden 3,166 National currency compare
- 6 Latvia 118.84 National currency compare
- 8 Romania 2,738 National currency compare
- 9 Spain 1,874 National currency compare
- 10 Ireland 1,218 National currency compare
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -851.71 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0221 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -2,170 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -201.70 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -107.12 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0052 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -514.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 20.76 % change on previous year (2025)
Frequently asked questions
- What is annual government taxes and social contributions receipts — other in Iceland?
- Annual government taxes and social contributions receipts — other in Iceland was 2,860 National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual government taxes and social contributions receipts — other recorded in Iceland?
- The highest recorded value was 2,860 National currency in 2024.
- What is the lowest annual government taxes and social contributions receipts — other recorded in Iceland?
- The lowest recorded value was -1.67 National currency in 2021.
- How does Iceland rank for annual government taxes and social contributions receipts — other?
- Iceland ranks 7th out of 26 countries with data for 2024.
- Is annual government taxes and social contributions receipts — other rising or falling in Iceland?
- Over the last ten years it is up 912.9%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual government taxes and social contributions receipts — Other taxes on products n.e.c.. Statizoid updates them automatically from the source API.
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About this data
This table presents taxes and social contribution receipts for General Government and its sub-sectors: central, local and state (regional) government and social security, as well as for institutions of the European Union. Total tax receipts comprise taxes on production and imports, current taxes on income wealth etc. and capital taxes. Social contribution receipts comprise actual and imputed social contributions. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. These indicators were presented in the previous dissemination system in the SNA_TABLE10 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org