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
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.