Paying taxes: Total tax and contribution rate (% of profit) - Score in Iceland

Iceland: Paying taxes: Total tax and contribution rate (% of profit) - Score was 91.9% in 2019. ▼ Falling

Latest (2019)
91.9%
Change on year
down 2.0%
World rank
60th
of 191 countries
All-time high
100.0%
in 2009
All-time low
91.9%
in 2019
Years of data
15
2005–2019

Paying taxes: Total tax and contribution rate (% of profit) - Score in Iceland, 2005–2019

0204060801002005201220192005: 99.12006: 992007: 99.82008: 1002009: 1002010: 99.62011: 94.22012: 932013: 94.22014: 94.22015: 94.42016: 94.42017: 94.72018: 93.82019: 91.9

Source: World Bank.

Analysis

Iceland recorded 91.9% for paying taxes: total tax and contribution rate (% of profit) - score in 2019. That is the lowest value across all 15 years on record.

The figure is down 2.0% on the previous year and down 8.1% over ten years.

Over the whole period, paying taxes: total tax and contribution rate (% of profit) - score in Iceland peaked at 100.0% in 2009 and was at its lowest, 91.9%, in 2019.

Iceland ranks 60th of 191 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.

Paying taxes: Total tax and contribution rate (% of profit) - Score in Iceland, year by year

Annual values for Paying taxes: Total tax and contribution rate (% of profit) - Score in Iceland, 2005 to 2019.
Year Value Change
2005 99.1%
2006 99.0% -0.0%
2007 99.8% +0.7%
2008 100.0% +0.2%
2009 100.0% +0.0%
2010 99.6% -0.4%
2011 94.2% -5.4%
2012 93.0% -1.3%
2013 94.2% +1.3%
2014 94.2% +0.0%
2015 94.4% +0.2%
2016 94.4% +0.0%
2017 94.7% +0.3%
2018 93.8% -1.0%
2019 91.9% -2.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 99.6% 99.0% 100.0% 5
2010s 94.4% 91.9% 99.6% 10

Countries ranked near Iceland

  1. 57 South Sudan 92.7% compare
  2. 58 Uzbekistan 92.3% compare
  3. 59 Zimbabwe 92.3% compare
  4. 61 Solomon Islands 91.7% compare
  5. 62 Fiji 91.6% compare
  6. 63 Lebanon 91.4% compare

See the full ranking of 191 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is paying taxes: total tax and contribution rate (% of profit) - score in Iceland?
Paying taxes: total tax and contribution rate (% of profit) - score in Iceland was 91.9% in 2019, according to the World Bank.
What is the highest paying taxes: total tax and contribution rate (% of profit) - score recorded in Iceland?
The highest recorded value was 100.0% in 2009.
What is the lowest paying taxes: total tax and contribution rate (% of profit) - score recorded in Iceland?
The lowest recorded value was 91.9% in 2019.
How does Iceland rank for paying taxes: total tax and contribution rate (% of profit) - score?
Iceland ranks 60th out of 191 countries with data for 2019.
Is paying taxes: total tax and contribution rate (% of profit) - score rising or falling in Iceland?
Over the last ten years it is down 8.1%. 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: Total tax and contribution rate (% of profit) - Score. Statizoid updates them automatically from the source API.

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Paying taxes: Total tax and contribution rate (% of profit) - Score in Iceland. Statizoid. Retrieved 12 September 2026, from https://reference.statizoid.com/stat/paying-taxes-total-tax-and-contribution-rate-percent-of-profit-score/iceland/

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About this data

Indicator
Paying taxes: Total tax and contribution rate (% of profit) - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
191 places, 2,794 data points, 2005–2019
Last refreshed

The score for total tax and contribution rate benchmarks economies with respect to the regulatory best practice on the indicator. The score is indicated on a scale from 0 to 100, where 0 represents the worst regulatory performance and 100 the best regulatory performance.