Paying taxes: Payments in Iceland

Iceland: Paying taxes: Payments was 21 number per year in 2019. ▼ Falling

Latest (2019)
21 number per year
Change on year
unchanged
World rank
84th
of 187 countries
All-time high
42 number per year
in 2005
All-time low
21 number per year
in 2013
Years of data
15
2005–2019

Paying taxes: Payments in Iceland, 2005–2019

0102030402005201220192005: 42 number per year2006: 25 number per year2007: 25 number per year2008: 25 number per year2009: 25 number per year2010: 25 number per year2011: 24 number per year2012: 24 number per year2013: 21 number per year2014: 21 number per year2015: 21 number per year2016: 21 number per year2017: 21 number per year2018: 21 number per year2019: 21 number per year

Source: World Bank. Measured in number per year.

Analysis

Iceland recorded 21 number per year for paying taxes: payments in 2019. That is the lowest value across all 15 years on record.

The figure is down 16.0% over ten years.

Over the whole period, paying taxes: payments in Iceland peaked at 42 number per year in 2005 and was at its lowest, 21 number per year, in 2013.

Iceland ranks 84th of 187 countries on this measure, 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 28.4 number per year 25 number per year 42 number per year 5
2010s 22 number per year 21 number per year 25 number per year 10

Countries ranked near Iceland

  1. 82 Luxembourg 23 number per year compare
  2. 82 Madagascar 23 number per year compare
  3. 84 Micronesia (country) 21 number per year compare
  4. 84 Thailand 21 number per year compare
  5. 87 Bahamas 20 number per year compare
  6. 87 Iran 20 number per year compare
  7. 87 Lebanon 20 number per year compare
  8. 87 Syria 20 number per year compare
  9. 87 Uruguay 20 number per year compare

See the full ranking of 189 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is paying taxes: payments in Iceland?
Paying taxes: payments in Iceland was 21 number per year in 2019, according to the World Bank.
What is the highest paying taxes: payments recorded in Iceland?
The highest recorded value was 42 number per year in 2005.
What is the lowest paying taxes: payments recorded in Iceland?
The lowest recorded value was 21 number per year in 2013.
How does Iceland rank for paying taxes: payments?
Iceland ranks 84th out of 187 countries with data for 2019.
Is paying taxes: payments rising or falling in Iceland?
Over the last ten years it is down 16.0%. 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 Paying taxes: Payments (number per year). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Paying taxes: Payments (number per year)
Unit
number per year
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
189 places, 2,778 data points, 2005–2019
Last refreshed

The tax payments capture the total number of taxes and contributions paid, the method of payment, the frequency of payment, and the frequency of ?ling. It includes taxes withheld by the company, such as sales tax, VAT and employee-borne labor taxes.