Key data points
Last release
—
Observation period
2025
Next release
—
Forecast
—
Highest
25.50 % on Dec 31, 2014
Lowest
24.00 % on Dec 31, 2025
About Iceland Sales Tax Rate
In Iceland, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Iceland.