Economy
Source: OECD (via DBnomics). · updated 2025-12-31
Iceland's corporate tax rate stands at 20% as of 2025-12-31, down from 21% in 2024. Historical data runs from 2000 to 2025 (26 observations).
In 2025, Iceland's corporate tax rate was 20%, down from 21% in 2024.
In 2024, Iceland's corporate tax rate was 21%, up from 20% in 2023.
In 2023, Iceland's corporate tax rate was 20%, unchanged from 20% in 2022.
In 2022, Iceland's corporate tax rate was 20%, unchanged from 20% in 2021.
In 2021, Iceland's corporate tax rate was 20%, unchanged from 20% in 2020.
| Year | Value | Change |
|---|---|---|
| 2025 | 20% | -1% |
| 2024 | 21% | +1% |
| 2023 | 20% | +0% |
| 2022 | 20% | +0% |
| 2021 | 20% | +0% |
| 2020 | 20% | +0% |
| 2019 | 20% | +0% |
| 2018 | 20% | +0% |
| 2017 | 20% | +0% |
| 2016 | 20% | +0% |
| 2015 | 20% | +0% |
| 2014 | 20% | +0% |
| 2013 | 20% | +0% |
| 2012 | 20% | +0% |
| 2011 | 20% | +2% |
| 2010 | 18% | +3% |
| 2009 | 15% | +0% |
| 2008 | 15% | -3% |
| 2007 | 18% | +0% |
| 2006 | 18% | +0% |
| 2005 | 18% | +0% |
| 2004 | 18% | +0% |
| 2003 | 18% | +0% |
| 2002 | 18% | -12% |
| 2001 | 30% | +0% |
| 2000 | 30% | — |
Source: OECD (via DBnomics). · Download this series as CSV — free, attribution required (CC BY 4.0).
Iceland's corporate tax rate is 20% as of 2025-12-31, compared with 21% in 2024. Source: OECD (via DBnomics).
The highest recorded value is 30% (2000); the lowest is 15% (2008), across data from 2000 to 2025.
Source: OECD (via DBnomics). Figures are republished with attribution and updated as the source releases new observations.