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
Taxes less subsidies on products (current US$), per square kilometre in Iceland, 1995–2023
Source: Statizoid (derived). Measured in current US$ 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$), per square kilometre in Iceland, year by year
| Year | current US$ 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
| Decade | Average | Lowest | Highest | 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
- 101 Ukraine 38,000 current US$ per square kilometre compare
- 102 Argentina 37,453 current US$ per square kilometre compare
- 103 Brazil 33,173 current US$ per square kilometre compare
- 105 Nepal 32,526 current US$ per square kilometre compare
- 106 Colombia 32,220 current US$ per square kilometre compare
- 107 Morocco 32,169 current US$ 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 7.15 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3036 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 29,848 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -107.38 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -93.07 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 11.69 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 4.69 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 461,476 current LCU per person (2025)
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$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Taxes less subsidies on products (current US$) 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$) ÷ Land area (sq. km)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) 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.