Iceland vs Italy: Tax rate

Iceland
18.59 Rate
in 2023
Italy
17.82 Rate
in 2025
Iceland rank
24th
Italy rank
27th

Tax rate over time

  • Iceland
  • Italy
0510152025200020122025

How they compare

Iceland currently reports 18.59 Rate against 17.82 Rate in Italy, a difference of 0.77 Rate.

The two have swapped places 3 times across 24 shared years of data; in 2000 it was Italy ahead.

Iceland ranks 24th and Italy ranks 27th of 44 countries.

Across the 3 decades both report, Iceland averaged higher in 2 and Italy in 1.

Head to head by decade

Decade Iceland Italy Difference Ahead
2000s 18.2 Rate 20.1 Rate 1.9 Rate Italy
2010s 19.82 Rate 18.78 Rate 1.04 Rate Iceland
2020s 19.41 Rate 14.44 Rate 4.97 Rate Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher tax rate, Iceland or Italy?
Iceland, at 18.59 Rate against 17.82 Rate in Italy as of 2023.
What is the difference in tax rate between Iceland and Italy?
0.77 Rate, with Iceland ahead.
How many years of comparable data are there for Iceland and Italy?
24 years are reported by both, from 2000 to 2023.
How do Iceland and Italy rank globally for tax rate?
Iceland ranks 24th and Italy ranks 27th of 44 countries.
Where does this data come from?
Eurostat, published as Tax rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Italy: Tax rate. Statizoid, drawing on Eurostat. Retrieved 24 September 2026, from https://reference.statizoid.com/compare/tax-rate/iceland/italy/

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About this data

Indicator
Tax rate
Unit
Rate
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
49 places, 1,129 data points, 2000–2025
Last refreshed