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Iceland Tax revenue (current LCU) 2026: Interactive Chart & Historical Data

Tax revenue (current LCU) in Iceland stood at 1.013 trillion in 2023, according to World Bank. The latest value is up 16% from 874.5 billion in 2022. Ten years earlier, in 2013, the value was 426.7 billion (up 137% since). The latest value is the highest since 1972; the lowest was 169.1 million in 1972. Iceland ranked 38th highest of the 111 countries in this dataset in 2023; South Korea ranked first.

Data source: World Bank · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1972–2024

Key facts

What is the latest Tax revenue (current LCU) in Iceland?

Tax revenue (current LCU) in Iceland stood at 1.013 trillion in 2023, according to World Bank.

Is Tax revenue (current LCU) in Iceland rising or falling?

The latest value is up 16% from 874.5 billion in 2022. Ten years earlier, in 2013, the value was 426.7 billion (up 137% since).

How does Iceland rank for Tax revenue (current LCU)?

Iceland ranked 38th highest of the 111 countries in this dataset in 2023; South Korea ranked first.

What is the highest Tax revenue (current LCU) on record in Iceland?

The latest value is the highest since 1972; the lowest was 169.1 million in 1972.

Metadata for Tax revenue (current LCU) in Iceland
IndicatorTax revenue (current LCU)
CountryIceland
CategoryMacroeconomics
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Latest value: 1.013 trillion (2023)

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Source:World Bank — series GC.TAX.TOTL.CN
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Tax revenue (current LCU) — Iceland [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-tax-totl-cn/ISL. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.CN

MLA

World Bank. "Tax revenue (current LCU) — Iceland." EconDash, 2026, https://econdash.org/chart/wdi-gc-tax-totl-cn/ISL. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.CN.

Chicago

World Bank. 2026. "Tax revenue (current LCU) — Iceland." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-tax-totl-cn/ISL. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.CN.

BibTeX
@misc{econdash_wdi_gc_tax_totl_cn_isl,
  author = {{World Bank}},
  title = {{Tax revenue (current LCU) --- Iceland}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-gc-tax-totl-cn/ISL},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.CN}
}