Taxes less subsidies on products (current US$), per square kilometre in Iceland

Iceland: Taxes less subsidies on products (current US$), per square kilometre was 32,740 current US$ per square kilometre in 2023. ▲ Rising

Latest (2023)
32,740 current US$ per square kilometre
Change on year
up 13.0%
World rank
104th
of 195 countries
All-time high
32,740 current US$ per square kilometre
in 2023
All-time low
9,401 current US$ per square kilometre
in 2001
Years of data
29
1995–2023

Taxes less subsidies on products (current US$), per square kilometre in Iceland, 1995–2023

10.0k15.0k20.0k25.0k30.0k35.0k1995200920231995: 9.6k current US$ per square kilometre1996: 10.3k current US$ per square kilometre1997: 10.2k current US$ per square kilometre1998: 11.3k current US$ per square kilometre1999: 12.9k current US$ per square kilometre2000: 12.1k current US$ per square kilometre2001: 9.4k current US$ per square kilometre2002: 10.7k current US$ per square kilometre2003: 14.0k current US$ per square kilometre2004: 18.4k current US$ per square kilometre2005: 24.8k current US$ per square kilometre2006: 25.5k current US$ per square kilometre2007: 29.5k current US$ per square kilometre2008: 20.0k current US$ per square kilometre2009: 12.7k current US$ per square kilometre2010: 13.6k current US$ per square kilometre2011: 15.3k current US$ per square kilometre2012: 15.5k current US$ per square kilometre2013: 16.5k current US$ per square kilometre2014: 18.4k current US$ per square kilometre2015: 17.9k current US$ per square kilometre2016: 21.8k current US$ per square kilometre2017: 27.8k current US$ per square kilometre2018: 28.5k current US$ per square kilometre2019: 24.8k current US$ per square kilometre2020: 21.4k current US$ per square kilometre2021: 26.6k current US$ per square kilometre2022: 29.0k current US$ per square kilometre2023: 32.7k current US$ per square kilometre

Source: Statizoid (derived). Measured in current US$ per square kilometre.

Analysis

In 2023, taxes less subsidies on products (current us$), per square kilometre in Iceland stood at 32,740 current US$ per square kilometre. That is the highest value across all 29 years on record.

Compared with earlier readings it is up 13.0% on the previous year and up 98.0% over ten years.

Over the whole period, taxes less subsidies on products (current us$), per square kilometre in Iceland peaked at 32,740 current US$ per square kilometre in 2023 and was at its lowest, 9,401 current US$ per square kilometre, in 2001.

That places Iceland 104th out of 195 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 29 years of available data.

Taxes less subsidies on products (current US$), per square kilometre in Iceland, year by year

Annual values for Taxes less subsidies on products (current US$), per square kilometre in Iceland, 1995 to 2023.
Year current US$ per square kilometre Change
1995 9,613 current US$ per square kilometre
1996 10,309 current US$ per square kilometre +7.2%
1997 10,232 current US$ per square kilometre -0.7%
1998 11,250 current US$ per square kilometre +9.9%
1999 12,866 current US$ per square kilometre +14.4%
2000 12,119 current US$ per square kilometre -5.8%
2001 9,401 current US$ per square kilometre -22.4%
2002 10,723 current US$ per square kilometre +14.1%
2003 14,045 current US$ per square kilometre +31.0%
2004 18,422 current US$ per square kilometre +31.2%
2005 24,798 current US$ per square kilometre +34.6%
2006 25,465 current US$ per square kilometre +2.7%
2007 29,528 current US$ per square kilometre +16.0%
2008 19,953 current US$ per square kilometre -32.4%
2009 12,694 current US$ per square kilometre -36.4%
2010 13,610 current US$ per square kilometre +7.2%
2011 15,335 current US$ per square kilometre +12.7%
2012 15,465 current US$ per square kilometre +0.8%
2013 16,539 current US$ per square kilometre +6.9%
2014 18,397 current US$ per square kilometre +11.2%
2015 17,937 current US$ per square kilometre -2.5%
2016 21,770 current US$ per square kilometre +21.4%
2017 27,777 current US$ per square kilometre +27.6%
2018 28,497 current US$ per square kilometre +2.6%
2019 24,764 current US$ per square kilometre -13.1%
2020 21,444 current US$ per square kilometre -13.4%
2021 26,586 current US$ per square kilometre +24.0%
2022 28,984 current US$ per square kilometre +9.0%
2023 32,740 current US$ per square kilometre +13.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 10,854 current US$ per square kilometre 9,613 current US$ per square kilometre 12,866 current US$ per square kilometre 5
2000s 17,715 current US$ per square kilometre 9,401 current US$ per square kilometre 29,528 current US$ per square kilometre 10
2010s 20,009 current US$ per square kilometre 13,610 current US$ per square kilometre 28,497 current US$ per square kilometre 10
2020s 27,439 current US$ per square kilometre 21,444 current US$ per square kilometre 32,740 current US$ per square kilometre 4

Countries ranked near Iceland

  1. 101 Ukraine 38,000 current US$ per square kilometre compare
  2. 102 Argentina 37,453 current US$ per square kilometre compare
  3. 103 Brazil 33,173 current US$ per square kilometre compare
  4. 105 Nepal 32,526 current US$ per square kilometre compare
  5. 106 Colombia 32,220 current US$ per square kilometre compare
  6. 107 Morocco 32,169 current US$ per square kilometre compare

See the full ranking of 196 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is taxes less subsidies on products (current us$), per square kilometre in Iceland?
Taxes less subsidies on products (current us$), per square kilometre in Iceland was 32,740 current US$ per square kilometre in 2023, according to Statizoid (derived).
What is the highest taxes less subsidies on products (current us$), per square kilometre recorded in Iceland?
The highest recorded value was 32,740 current US$ per square kilometre in 2023.
What is the lowest taxes less subsidies on products (current us$), per square kilometre recorded in Iceland?
The lowest recorded value was 9,401 current US$ per square kilometre in 2001.
How does Iceland rank for taxes less subsidies on products (current us$), per square kilometre?
Iceland ranks 104th out of 195 countries with data for 2023.
Is taxes less subsidies on products (current us$), per square kilometre rising or falling in Iceland?
Over the last ten years it is up 98.0%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), per square kilometre. Statizoid updates them automatically from the source API.

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Taxes less subsidies on products (current US$), per square kilometre in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 05 September 2026, from https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-current-us-per-square-kilometre/iceland/

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How this figure is calculated

Taxes less subsidies on products (current US$) 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 US$) ÷ Land area (sq. km)

Computed from

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

Indicator
Taxes less subsidies on products (current US$), per square kilometre
Unit
current US$ per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
196 places, 7,863 data points, 1961–2023
Last refreshed

Taxes less subsidies on products (current US$) 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.