Public Sector in Iceland

57 indicators covering public sector for Iceland.

IndicatorLatest Year10-yr change Rank
Tax revenue 23.2% 2023 up 7.7% 29th
Taxes on income, profits and capital gains 34.6% 2023 up 37.0% 32nd
Taxes on goods and services 35.2% 2023 up 5.4% 57th
Net investment in nonfinancial assets 2.3% 2023 up 16.8% 95th
Net lending (+) / net borrowing (-) -1.1% 2023 down 34.6% 49th
Interest payments 14.9% 2023 down 35.5% 29th
Grants and other revenue 17.2% 2023 down 32.7% 85th
Interest payments 14.7% 2023 down 34.9% 29th
Other taxes 3.0% 2023 down 31.2% 28th
Compensation of employees 23.8% 2023 up 8.7% 82nd
Goods and services expense 21.5% 2023 up 4.5% 39th
Taxes on international trade 0.4% 2023 down 48.9% 126th
Subsidies and other transfers 29.4% 2023 up 12.5% 102nd
Military expenditure 0 current USD 2024 164th
Armed forces personnel, total 0 2020 down 100.0% 169th
Tax revenue 1.01 trillion current LCU 2023 up 137.3% 53rd
Revenue, excluding grants 1.38 trillion current LCU 2023 up 107.5% 53rd
Taxes on goods and services 486.56 billion current LCU 2023 up 118.3% 50th
Taxes on income, profits and capital gains 477.81 billion current LCU 2023 up 183.7% 50th
Taxes on income, profits and capital gains 47.2% 2023 up 19.5% 39th
Armed forces personnel 0.0% 2020 down 100.0% 169th
Compensation of employees 334.27 billion current LCU 2023 up 123.0% 50th
Interest payments 206.57 billion current LCU 2023 up 33.6% 44th
Expense 1.40 trillion current LCU 2023 up 105.3% 51st
Net investment in nonfinancial assets 100.01 billion current LCU 2023 up 157.4% 58th
Goods and services expense 300.99 billion current LCU 2023 up 114.6% 43rd
Net lending (+) / net borrowing (-) -47.09 billion current LCU 2023 down 196.6% 94th
Other expense 10.6% 2023 up 20.6% 40th
Statistical performance indicators (SPI): Pillar 1 data use score 100 scale 0-100 2024 up 150.0% 1st
Intentional homicides 1.29 per 100,000 people 2023 up 317.9% 118th
Grants and other revenue 238.30 billion current LCU 2023 up 39.4% 51st
Statistical performance indicators (SPI): Pillar 3 data products score 76.64 scale 0-100 2024 up 58.1% 85th
Military expenditure 0 current LCU 2024 165th
Other taxes 42.16 billion current LCU 2023 up 42.6% 35th
Taxes on international trade 6.16 billion current LCU 2023 up 5.8% 76th
Taxes on goods and services 13.0% 2023 down 2.7% 48th
Customs and other import duties 6.16 billion current LCU 2023 up 5.8% 73rd
Customs and other import duties 0.6% 2023 down 55.4% 129th
Subsidies and other transfers 411.61 billion current LCU 2023 up 131.0% 59th
Social contributions 9.5% 2023 down 9.1% 65th
Net incurrence of liabilities, total 2.6% 2023 up 254.0% 77th
Proportion of seats held by women in national parliaments 46.0% 2025 up 11.5% 9th
Other expense 148.12 billion current LCU 2023 up 147.5% 40th
Internally displaced persons, new displacement associated with disaste 4,600 number of cases 2023 up 3,733.3% 83rd
Statistical performance indicators (SPI): Pillar 4 data sources score 77.88 scale 0-100 2024 up 23.5% 44th
Net acquisition of financial assets 1.5% 2023 up 161.3% 45th
Statistical performance indicators (SPI): Pillar 5 data infrastructure 90 scale 0-100 2024 down 10.0% 13th
Statistical performance indicators (SPI): Overall score 81.47 scale 0-100 2024 up 17.3% 59th
Statistical performance indicators (SPI): Pillar 2 data services score 62.83 scale 0-100 2024 up 26.8% 136th
Net incurrence of liabilities, total 113.95 billion current LCU 2023 up 439.3% 56th
Social contributions 131.61 billion current LCU 2023 up 88.3% 40th
Intentional homicides, male 2.02 per 100,000 male 2023 up 227.4% 81st
Intentional homicides, female 0.5287 per 100,000 female 2023 down 15.5% 104th
Net acquisition of financial assets 66.86 billion current LCU 2023 up 235.2% 34th
Central government debt, total 3.50 trillion current LCU 2023 up 26.1% 25th
Taxes on exports 1.64 million current LCU 2010 down 86.3% 63rd
Taxes on exports 0.0% 2010 down 92.8% 69th