Iceland vs Luxembourg: Tax rate
Iceland
18.59 Rate
in 2023
Luxembourg
17.12 Rate
in 2025
Iceland rank
17th
Luxembourg rank
18th
Tax rate over time
- Iceland
- Luxembourg
How they compare
Iceland currently reports 18.59 Rate against 17.12 Rate in Luxembourg, a difference of 1.47 Rate.
That makes Iceland's figure about 1.1 times Luxembourg's.
The two have swapped places 1 time across 24 shared years of data; in 2000 it was Luxembourg ahead.
Iceland ranks 17th and Luxembourg ranks 18th of 34 countries.
Iceland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Iceland | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 18.2 Rate | 15.71 Rate | 2.49 Rate | Iceland |
| 2010s | 19.82 Rate | 16.52 Rate | 3.3 Rate | Iceland |
| 2020s | 19.41 Rate | 15.8 Rate | 3.61 Rate | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax rate, Iceland or Luxembourg?
- Iceland, at 18.59 Rate against 17.12 Rate in Luxembourg as of 2023.
- What is the difference in tax rate between Iceland and Luxembourg?
- 1.47 Rate, with Iceland ahead.
- How many years of comparable data are there for Iceland and Luxembourg?
- 24 years are reported by both, from 2000 to 2023.
- How do Iceland and Luxembourg rank globally for tax rate?
- Iceland ranks 17th and Luxembourg ranks 18th of 34 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.