Taxes as a share of cigarette price in Iceland

Iceland: Taxes as a share of cigarette price was 63.6% in 2022. ▬ Flat

Latest (2022)
63.6%
Change on year
up 15.7%
World rank
79th
of 190 countries
All-time high
63.6%
in 2022
All-time low
55.0%
in 2020
Years of data
8
2008–2022

Taxes as a share of cigarette price in Iceland, 2008–2022

02040602008201520222008: 58.3 %2010: 56.4 %2012: 57 %2014: 56.4 %2016: 55.5 %2018: 55.5 %2020: 55 %2022: 63.6 %

Source: World Health Organization - Global Health Observatory (2026) – with minor processing by Our World in Data. Measured in %.

Analysis

The most recent figure for taxes as a share of cigarette price in Iceland is 63.6%, measured in 2022. That is the highest value across all 8 years on record.

The figure is up 15.7% on the previous year and up 11.6% over ten years.

Over the whole period, taxes as a share of cigarette price in Iceland peaked at 63.6% in 2022 and was at its lowest, 55.0%, in 2020.

That places Iceland 79th out of 190 countries with data for 2022, putting it in the middle of the range.

Taxes as a share of cigarette price in Iceland, year by year

Annual values for Taxes as a share of cigarette price in Iceland, 2008 to 2022.
Year % Change
2008 58.3%
2010 56.4% -3.2%
2012 57.0% +0.9%
2014 56.4% -1.0%
2016 55.5% -1.5%
2018 55.5% -0.1%
2020 55.0% -1.0%
2022 63.6% +15.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 58.3% 58.3% 58.3% 1
2010s 56.2% 55.5% 57.0% 5
2020s 59.3% 55.0% 63.6% 2

Countries ranked near Iceland

  1. 76 Germany 64.4% compare
  2. 77 Rwanda 64.2% compare
  3. 78 Ecuador 64.0% compare
  4. 80 Canada 63.3% compare
  5. 81 Russian Federation 61.0% compare
  6. 82 South Africa 60.1% compare

See the full ranking of 190 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is taxes as a share of cigarette price in Iceland?
Taxes as a share of cigarette price in Iceland was 63.6% in 2022, according to World Health Organization - Global Health Observatory (2026) – with minor processing by Our World in Data.
What is the highest taxes as a share of cigarette price recorded in Iceland?
The highest recorded value was 63.6% in 2022.
What is the lowest taxes as a share of cigarette price recorded in Iceland?
The lowest recorded value was 55.0% in 2020.
How does Iceland rank for taxes as a share of cigarette price?
Iceland ranks 79th out of 190 countries with data for 2022.
Is taxes as a share of cigarette price rising or falling in Iceland?
Over the last ten years it is up 11.6%. The long-run trend across the full record is flat.
Where does this Iceland data come from?
The figures come from World Health Organization - Global Health Observatory (2026) – with minor processing by Our World in Data, published as part of Taxes as a share of cigarette price. Statizoid updates them automatically from the source API.

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Taxes as a share of cigarette price in Iceland. Statizoid, drawing on World Health Organization - Global Health Observatory (2026) – with minor processing by Our World in Data. Retrieved 05 September 2026, from https://economy.statizoid.com/stat/taxes-as-a-share-of-cigarette-price/iceland/

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About this data

Indicator
Taxes as a share of cigarette price
Unit
%
Source
World Health Organization - Global Health Observatory (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
190 places, 1,472 data points, 2008–2022
Last refreshed

Share of taxes on the retail price of a pack of cigarettes. This includes all taxes and is based on one pack (20 cigarettes) of the most sold brand in the country.