Iceland Taxes Less Subsidies on Products (% of GDP) (2025)
Iceland's Taxes Less Subsidies on Products (% of GDP): 10.1 % of GDP (current prices) in 2025, -1pp YoY. Eurostat (NAMA_10_GDP), 2000–2025.
Iceland (2025)
10.1
% of GDP (current prices)
-1pp YoY
YoY Change
-1pp
percentage points
Trend
down
Series length
26
years of data
Data
| Year | % of GDP (current prices) | YoY Change |
|---|---|---|
| 2025 | 10.1 | -1pp |
| 2024 | 11.1 | +0.7pp |
| 2023 | 10.4 | +0.4pp |
| 2022 | 10 | -0.2pp |
| 2021 | 10.2 | +0.4pp |
| 2020 | 9.8 | -0.2pp |
| 2019 | 10 | -0.8pp |
| 2018 | 10.8 | -0.3pp |
| 2017 | 11.1 | +0.7pp |
| 2016 | 10.4 | +0.2pp |
| 2015 | 10.2 | +0pp |
| 2014 | 10.2 | +0pp |
| 2013 | 10.2 | -0.2pp |
| 2012 | 10.4 | +0.4pp |
| 2011 | 10 | +0.2pp |
| 2010 | 9.8 | +0.2pp |
| 2009 | 9.6 | -1.4pp |
| 2008 | 11 | -2.5pp |
| 2007 | 13.5 | -0.9pp |
| 2006 | 14.4 | n/a |
About this Dataset
Iceland recorded 10.1 % of GDP (current prices) in 2025. The most recent year-on-year change was -1.0pp. The historical series (2000–2025) shows a peak of 14.5 in 2005 and a trough of 9.6 in 2009.
Data sourced from Eurostat via SDMX REST API. Values use harmonised methodology ensuring cross-country comparability.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks iceland taxes less subsidies on products (% of gdp) in Iceland, published by Eurostat. Data covers 2000–2025 at annual frequency using harmonised methodology.
The most recent observation covers 2025. Eurostat typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 14.5 % of GDP (current prices) in 2005 and reached its lowest recorded value of 9.6 in 2009. The latest reading of 10.1 in 2025 represents a year-on-year change of -1.0pp.