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Tax Revenue (Local Currency) in Iceland

Source: World Bank
Last Updated: February 1, 2023

Tax revenue reached ISK 656 bil in 2020 in Iceland, according to the National Statistical Office. This is 1.13% less than in the previous year.

Historically, tax revenue in Iceland reached an all time high of ISK 945 bil in 2016 and an all time low of ISK 0.169 bil in 1972.

Iceland has been ranked 41st within the group of 111 countries we follow in terms of tax revenue.

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