Statizoid

Iceland vs Norway: Taxes on goods and services

Iceland
486.56 billion current LCU
in 2023
Norway
512.94 billion current LCU
in 2024
Iceland rank
50th
Norway rank
49th

Taxes on goods and services over time

  • Iceland
  • Norway
0200.0B400.0B600.0B197219982024

How they compare

Norway currently reports 512.94 billion current LCU against 486.56 billion current LCU in Iceland, a difference of 26.38 billion current LCU.

That makes Norway's figure about 1.1 times Iceland's.

Across all 52 years both countries report, Norway has been ahead every year.

Globally, Iceland ranks 50th and Norway ranks 49th of 157 countries.

Individual pages

About this data

Indicator
Taxes on goods and services (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
157 places, 4,635 data points, 1972–2024
Last refreshed

General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.