Personal Income Tax Rate in Iceland averaged 44.63 percent from 1995 until 2020, reaching an all time high of 46.90 percent in 1996 and a record low of 35.70 percent in 2007. This page provides - Iceland Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iceland Personal Income Tax Rate - values, historical data and charts - was last updated on November of 2020.
Personal Income Tax Rate in Iceland is expected to reach 46.30 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Personal Income Tax Rate is projected to trend around 46.30 percent in 2021 and 46.24 percent in 2022, according to our econometric models.