Iceland vs Sweden: Tax rate

Iceland
18.59 Rate
in 2023
Sweden
19.15 Rate
in 2025
Iceland rank
17th
Sweden rank
16th

Tax rate over time

  • Iceland
  • Sweden
0102030200020122025

How they compare

Sweden currently reports 19.15 Rate against 18.59 Rate in Iceland, a difference of 0.56 Rate.

The two have swapped places 1 time across 24 shared years of data; in 2000 it was Sweden ahead.

Iceland ranks 17th and Sweden ranks 16th of 34 countries.

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

Head to head by decade

Decade Iceland Sweden Difference Ahead
2000s 18.2 Rate 25.91 Rate 7.72 Rate Sweden
2010s 19.82 Rate 19.96 Rate 0.134 Rate Sweden
2020s 19.41 Rate 18.57 Rate 0.8425 Rate Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher tax rate, Iceland or Sweden?
Sweden, at 19.15 Rate against 18.59 Rate in Iceland as of 2025.
What is the difference in tax rate between Iceland and Sweden?
0.56 Rate, with Sweden ahead.
How many years of comparable data are there for Iceland and Sweden?
24 years are reported by both, from 2000 to 2023.
How do Iceland and Sweden rank globally for tax rate?
Iceland ranks 17th and Sweden ranks 16th 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