Personal Income Tax Rate in Iceland is expected to be 46.30 percent by the end of this quarter, 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 45.00 percent in 2020, according to our econometric models.


Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Iceland Taxes Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Corporate Tax Rate 20 20 20 20 20 20
Personal Income Tax Rate 46.3 46.3 46.3 46.3 46.3 46.3
Sales Tax Rate 24 24 24 24 24 24
Social Security Rate 10.84 10.84 10.84 10.84 10.84 10.84
Social Security Rate For Companies 6.84 6.84 6.84 6.84 6.84 6.84
Social Security Rate For Employees 4 4 4 4 4 4