24Peaks / Europe / Iceland / Individual Income Tax Revenue (% of GDP)

Iceland - Individual Income Tax Revenue (% of GDP) 14.28

IMF World Revenue · updated 2026-10-03 · 161 economies tracked

Latest value

14.28 (2019)

Global rank

##2 of 161 economies

Share of global total

2.5%

Growth since 1990

1.74×

Ranking Race — Individual Income Tax Revenue (% of GDP)

1 = global #1 · higher value ranks higher

#1#10#19#28#37#46#551990199520002005201020152020#16#22005 overtook Belgium2011 overtook Sweden
IcelandNamibiaMaltaLithuaniaMarshall Islands

Real annual global ranks, 1990 - 2020. Iceland climbed from #16 to #2 (overtook Belgium). Gaps in a lane = missing data that year.

Key events for Iceland ↓

Key Events — Iceland

Auto-detected from rank data + curated milestones

2005
Overtook Belgium in global rank auto
2011
Overtook Sweden in global rank auto

Individual Income Tax Revenue (% of GDP), 1990-2019

IMF World Revenue · % of GDP · linear scale · ranking in the race above
19902000201020198.1910.2912.414.5

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