Other taxes in Iceland

Iceland: Other taxes was 2.9% in 2019. β–Ό Falling

Latest (2019)
2.9%
Change on year
unchanged
World rank
80th
of 189 countries
All-time high
4.8%
in 2005
All-time low
2.8%
in 2013
Years of data
15
2005–2019

Other taxes in Iceland, 2005–2019

0123452005201220192005: 4.8 % of profits2006: 4.7 % of profits2007: 4.3 % of profits2008: 4.3 % of profits2009: 4.2 % of profits2010: 4.2 % of profits2011: 2.9 % of profits2012: 3.1 % of profits2013: 2.8 % of profits2014: 2.8 % of profits2015: 2.9 % of profits2016: 2.9 % of profits2017: 2.9 % of profits2018: 2.9 % of profits2019: 2.9 % of profits

Source: World Bank. Measured in % of profits.

Analysis

The most recent figure for other taxes in Iceland is 2.9%, measured in 2019.

The figure is down 31.0% over ten years.

Over the whole period, other taxes in Iceland peaked at 4.8% in 2005 and was at its lowest, 2.8%, in 2013.

That places Iceland 80th out of 189 countries with data for 2019, putting it in the middle of the range.

The long-run direction has been consistently falling across the 15 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.5% 4.2% 4.8% 5
2010s 3.0% 2.8% 4.2% 10

Countries ranked near Iceland

  1. 78 Dominica 3.0% compare
  2. 78 South Sudan 3.0% compare
  3. 81 Denmark 2.8% compare
  4. 81 Kyrgyzstan 2.8% compare
  5. 81 Lesotho 2.8% compare

See the full ranking of 189 places β†’

More reference data data for Iceland

All data for Iceland β†’

Frequently asked questions

What is other taxes in Iceland?
Other taxes in Iceland was 2.9% in 2019, according to the World Bank.
What is the highest other taxes recorded in Iceland?
The highest recorded value was 4.8% in 2005.
What is the lowest other taxes recorded in Iceland?
The lowest recorded value was 2.8% in 2013.
How does Iceland rank for other taxes?
Iceland ranks 80th out of 189 countries with data for 2019.
Is other taxes rising or falling in Iceland?
Over the last ten years it is down 31.0%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from the World Bank, published as part of Other taxes (% of profits). Statizoid updates them automatically from the source API.

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Other taxes in Iceland. Statizoid. Retrieved 20 August 2026, from https://reference.statizoid.com/stat/other-taxes-percent-of-profits/iceland/

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About this data

Indicator
Other taxes (% of profits)
Unit
% of profits
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
189 places, 2,778 data points, 2005–2019
Last refreshed

The other taxes measures all other taxes and fees that are borne by the business in the second year of operation, expressed as a share of commercial pro?t. This includes property taxes, turnover taxes and other taxes (such as municipal fees and vehicle taxes).