Annual government taxes and social contributions receipts — Stamp in Iceland
Iceland: Annual government taxes and social contributions receipts — Stamp was 29,226 National currency in 2024. ▲ Rising
Annual government taxes and social contributions receipts — Stamp 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 — stamp in Iceland stood at 29,226 National currency.
That represents a change of down 1.2% on the previous year and up 60.0% over ten years.
Over the whole period, annual government taxes and social contributions receipts — stamp in Iceland peaked at 29,578 National currency in 2023 and was at its lowest, 5,033 National currency, in 1998.
Iceland ranks 2nd of 22 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 27 years of available data.
Annual government taxes and social contributions receipts — Stamp in Iceland, year by year
| Year | National currency | Change |
|---|---|---|
| 1998 | 5,033 National currency | — |
| 1999 | 5,529 National currency | +9.9% |
| 2000 | 5,772 National currency | +4.4% |
| 2001 | 5,873 National currency | +1.8% |
| 2002 | 8,794 National currency | +49.7% |
| 2003 | 9,869 National currency | +12.2% |
| 2004 | 10,247 National currency | +3.8% |
| 2005 | 10,884 National currency | +6.2% |
| 2006 | 11,382 National currency | +4.6% |
| 2007 | 11,960 National currency | +5.1% |
| 2008 | 11,956 National currency | -0.0% |
| 2009 | 14,095 National currency | +17.9% |
| 2010 | 14,787 National currency | +4.9% |
| 2011 | 15,763 National currency | +6.6% |
| 2012 | 16,145 National currency | +2.4% |
| 2013 | 17,207 National currency | +6.6% |
| 2014 | 18,265 National currency | +6.2% |
| 2015 | 19,176 National currency | +5.0% |
| 2016 | 22,215 National currency | +15.8% |
| 2017 | 23,846 National currency | +7.3% |
| 2018 | 24,279 National currency | +1.8% |
| 2019 | 25,294 National currency | +4.2% |
| 2020 | 26,434 National currency | +4.5% |
| 2021 | 28,386 National currency | +7.4% |
| 2022 | 28,808 National currency | +1.5% |
| 2023 | 29,578 National currency | +2.7% |
| 2024 | 29,226 National currency | -1.2% |
Iceland compared with similar countries
- Iceland's 29,226 National currency is above the median for Europe & Central Asia, which is 28.69 National currency, 1018.7× the median. (18 countries reporting)
Biggest year-on-year movements
Years where Annual government taxes and social contributions receipts — Stamp 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 |
|---|---|---|---|
| 2002 | +49.7% | 5,873 National currency | 8,794 National currency |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5,281 National currency | 5,033 National currency | 5,529 National currency | 2 |
| 2000s | 10,083 National currency | 5,772 National currency | 14,095 National currency | 10 |
| 2010s | 19,698 National currency | 14,787 National currency | 25,294 National currency | 10 |
| 2020s | 28,486 National currency | 26,434 National currency | 29,578 National currency | 5 |
Countries ranked near Iceland
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 — stamp in Iceland?
- Annual government taxes and social contributions receipts — stamp in Iceland was 29,226 National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual government taxes and social contributions receipts — stamp recorded in Iceland?
- The highest recorded value was 29,578 National currency in 2023.
- What is the lowest annual government taxes and social contributions receipts — stamp recorded in Iceland?
- The lowest recorded value was 5,033 National currency in 1998.
- How does Iceland rank for annual government taxes and social contributions receipts — stamp?
- Iceland ranks 2nd out of 22 countries with data for 2024.
- Is annual government taxes and social contributions receipts — stamp rising or falling in Iceland?
- Over the last ten years it is up 60.0%. The long-run trend across the full record is rising.
- 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 — Stamp taxes. 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