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24Peaks / Europe / Iceland / Government Revenue (% of GDP)

Iceland - Government Revenue (% of GDP) 31.45

World Bank WDI (revenue excl. grants) · updated 2026-10-15 · 162 economies tracked

Latest value

31.45 (2023)

Global rank

##34 of 162 economies

Share of global total

1.0%

Growth since 1972

1.25×

Ranking Race — Government Revenue (% of GDP)

1 = global #1 · higher value ranks higher

#1#9#17#25#33#41#491972198219922002201220222024#14#342022 overtook Ukraine2023 overtook Samoa
IcelandNauruNorwayAustriaGreece

Real annual global ranks, 1972 - 2024. Iceland climbed from #14 to #34 (overtook Ukraine). Gaps in a lane = missing data that year.

Key events for Iceland ↓

Key Events — Iceland

Auto-detected from rank data + curated milestones

2005
Climbed 21 places in global rank auto
2016
Climbed 35 places in global rank auto
2017
Fell 31 places in global rank auto
2022
Overtook Ukraine in global rank auto
2023
Overtook Samoa in global rank auto

Government Revenue (% of GDP), 1972-2023

World Bank WDI (revenue excl. grants) · % of GDP · linear scale · ranking in the race above
1972198720022017202323.4831.4239.3747.31

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Related indicators

GDP, Government Expenditure (% of GDP), Tax Revenue as a Percentage of GDP, Criminal Justice

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