Taxes less subsidies on products (current LCU), per square kilometre in Iceland
Iceland: Taxes less subsidies on products (current LCU), per square kilometre was 4.52 million current LCU per square kilometre in 2023. ◆ Volatile
Taxes less subsidies on products (current LCU), per square kilometre in Iceland, 1995–2023
Source: Statizoid (derived). Measured in current LCU per square kilometre.
Analysis
In 2023, taxes less subsidies on products (current lcu), per square kilometre in Iceland stood at 4.52 million current LCU per square kilometre. That is the highest value across all 29 years on record.
Compared with earlier readings it is up 15.2% on the previous year and up 123.5% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per square kilometre in Iceland peaked at 4.52 million current LCU per square kilometre in 2023 and was at its lowest, 621,895 current LCU per square kilometre, in 1995.
Iceland ranks 54th of 195 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current LCU), per square kilometre in Iceland, year by year
| Year | current LCU per square kilometre | Change |
|---|---|---|
| 1995 | 621,895 current LCU per square kilometre | — |
| 1996 | 685,566 current LCU per square kilometre | +10.2% |
| 1997 | 725,526 current LCU per square kilometre | +5.8% |
| 1998 | 798,314 current LCU per square kilometre | +10.0% |
| 1999 | 930,683 current LCU per square kilometre | +16.6% |
| 2000 | 952,728 current LCU per square kilometre | +2.4% |
| 2001 | 915,890 current LCU per square kilometre | -3.9% |
| 2002 | 982,913 current LCU per square kilometre | +7.3% |
| 2003 | 1.08 million current LCU per square kilometre | +9.6% |
| 2004 | 1.29 million current LCU per square kilometre | +20.0% |
| 2005 | 1.56 million current LCU per square kilometre | +20.8% |
| 2006 | 1.79 million current LCU per square kilometre | +14.4% |
| 2007 | 1.89 million current LCU per square kilometre | +5.8% |
| 2008 | 1.75 million current LCU per square kilometre | -7.2% |
| 2009 | 1.57 million current LCU per square kilometre | -10.6% |
| 2010 | 1.66 million current LCU per square kilometre | +6.0% |
| 2011 | 1.78 million current LCU per square kilometre | +6.9% |
| 2012 | 1.93 million current LCU per square kilometre | +8.8% |
| 2013 | 2.02 million current LCU per square kilometre | +4.5% |
| 2014 | 2.15 million current LCU per square kilometre | +6.3% |
| 2015 | 2.37 million current LCU per square kilometre | +10.2% |
| 2016 | 2.63 million current LCU per square kilometre | +11.1% |
| 2017 | 2.97 million current LCU per square kilometre | +12.8% |
| 2018 | 3.09 million current LCU per square kilometre | +4.0% |
| 2019 | 3.04 million current LCU per square kilometre | -1.6% |
| 2020 | 2.90 million current LCU per square kilometre | -4.4% |
| 2021 | 3.38 million current LCU per square kilometre | +16.3% |
| 2022 | 3.92 million current LCU per square kilometre | +16.1% |
| 2023 | 4.52 million current LCU per square kilometre | +15.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 752,397 current LCU per square kilometre | 621,895 current LCU per square kilometre | 930,683 current LCU per square kilometre | 5 |
| 2000s | 1.38 million current LCU per square kilometre | 915,890 current LCU per square kilometre | 1.89 million current LCU per square kilometre | 10 |
| 2010s | 2.36 million current LCU per square kilometre | 1.66 million current LCU per square kilometre | 3.09 million current LCU per square kilometre | 10 |
| 2020s | 3.68 million current LCU per square kilometre | 2.90 million current LCU per square kilometre | 4.52 million current LCU per square kilometre | 4 |
Countries ranked near Iceland
- 51 Aruba 4.78 million current LCU per square kilometre compare
- 52 Malta 4.68 million current LCU per square kilometre compare
- 53 North Macedonia 4.59 million current LCU per square kilometre compare
- 55 Cameroon 4.32 million current LCU per square kilometre compare
- 56 Mongolia 4.29 million current LCU per square kilometre compare
- 57 Nepal 4.25 million current LCU per square kilometre 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)
- Gross capital formation (current US$), annual growth rate 17.72 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2657 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 26,128 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 9.6 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 34.13 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 3.36 million current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 5.88 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1585 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per square kilometre in Iceland?
- Taxes less subsidies on products (current lcu), per square kilometre in Iceland was 4.52 million current LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per square kilometre recorded in Iceland?
- The highest recorded value was 4.52 million current LCU per square kilometre in 2023.
- What is the lowest taxes less subsidies on products (current lcu), per square kilometre recorded in Iceland?
- The lowest recorded value was 621,895 current LCU per square kilometre in 1995.
- How does Iceland rank for taxes less subsidies on products (current lcu), per square kilometre?
- Iceland ranks 54th out of 195 countries with data for 2023.
- Is taxes less subsidies on products (current lcu), per square kilometre rising or falling in Iceland?
- Over the last ten years it is up 123.5%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes less subsidies on products (current LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ Land area (sq. km)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.