Iceland | Other taxes (% of revenue)

Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Iceland
Records
63
Source
Iceland | Other taxes (% of revenue)
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 5.374677
1973 5.07880911
1974 5.10351468
1975 5.69849767
1976 6.34754098
1977 6.18209067
1978 6.11091693
1979 6.89970299
1980 6.64498141
1981 6.93762928
1982 6.90094125
1983 6.62123689
1984 6.27851273
1985 6.60787874
1986 6.41861246
1987 6.5130768
1988 6.0029914
1989 6.32630764
1990 7.01869209
1991 4.29634763
1992 3.67024836
1993 3.87076806
1994 3.4590274
1995 3.3424363
1996 3.12679818
1997 3.05248664
1998 2.914392
1999 2.77368051
2000 3.1665246
2001 3.33181793
2002 3.36386483
2003 2.21160559
2004 1.97518344
2005 1.48324909
2006 0.72829346
2007 1.0743489
2008 0.96265864
2009 1.96457234
2010 2.9357244
2011 3.18057531
2012 4.31502516
2013 4.43110082
2014 8.76597365
2015 6.57162025
2016 34.00621102
2017 3.40792712
2018 3.29363138
2019 3.64510257
2020 4.48402925
2021 3.3857268
2022 3.1435241

Iceland | Other taxes (% of revenue)

Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Iceland
Records
63
Source