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
05101520200020122025

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.

Individual pages

About this data

Indicator
Tax rate
Unit
Rate
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
39 places, 890 data points, 2000–2025
Last refreshed