Paying taxes: Time in Iceland

Iceland: Paying taxes: Time was 140 hours per year in 2019. ▬ Flat

Latest (2019)
140 hours per year
Change on year
unchanged
World rank
137th
of 187 countries
All-time high
140 hours per year
in 2005
All-time low
140 hours per year
in 2005
Years of data
15
2005–2019

Paying taxes: Time in Iceland, 2005–2019

0501001502005201220192005: 140 hours per year2006: 140 hours per year2007: 140 hours per year2008: 140 hours per year2009: 140 hours per year2010: 140 hours per year2011: 140 hours per year2012: 140 hours per year2013: 140 hours per year2014: 140 hours per year2015: 140 hours per year2016: 140 hours per year2017: 140 hours per year2018: 140 hours per year2019: 140 hours per year

Source: World Bank. Measured in hours per year.

Analysis

Iceland recorded 140 hours per year for paying taxes: time in 2019. That is the highest value across all 15 years on record.

That represents a change of unchanged over ten years.

Over the whole period, paying taxes: time in Iceland peaked at 140 hours per year in 2005 and was at its lowest, 140 hours per year, in 2005.

That places Iceland 137th out of 187 countries with data for 2019, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 140 hours per year 140 hours per year 140 hours per year 5
2010s 140 hours per year 140 hours per year 140 hours per year 10

Countries ranked near Iceland

  1. 134 Belize 147 hours per year compare
  2. 135 Tunisia 144 hours per year compare
  3. 136 Spain 143 hours per year compare
  4. 137 Grenada 140 hours per year compare
  5. 137 Mauritius 140 hours per year compare
  6. 137 New Zealand 140 hours 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: time in Iceland?
Paying taxes: time in Iceland was 140 hours per year in 2019, according to the World Bank.
What is the highest paying taxes: time recorded in Iceland?
The highest recorded value was 140 hours per year in 2005.
What is the lowest paying taxes: time recorded in Iceland?
The lowest recorded value was 140 hours per year in 2005.
How does Iceland rank for paying taxes: time?
Iceland ranks 137th out of 187 countries with data for 2019.
Is paying taxes: time rising or falling in Iceland?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Iceland data come from?
The figures come from the World Bank, published as part of Paying taxes: Time (hours 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: Time (hours per year)
Unit
hours 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 time to comply with tax laws measures the time taken to prepare, ?le and pay three major types of taxes and contributions: the corporate income tax, value added or sales tax and labor taxes, including payroll taxes and social contributions.