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English, PDF, 350kb
The tax burden in Iceland increased by 0.2 percentage points from 35.3% to 35.5% in 2013. The corresponding figure for the OECD average was an increase of 0.4 percentage points from 33.7% to 34.1%. The Icelandic standard VAT rate is 25.5%, the second highest of the OECD countries and far above the OECD average. The average VAT/GST standard rate in the OECD was 19.1% on 1 January 2014.
There are now 42 signatories to the OECD Declaration on Green Growth. Lithuania has joined Costa Rica, Colombia, Croatia, Latvia, Morocco, Tunisia, as well as OECD members in having adhered to the declaration. Latest reports are now available on Slovak Republic, Slovenia and Korea.
Country notes outlining regional variations in health, jobs, safety, environment, access to services, civic engagement, housing, education, income, and employment. These notes are from the OECD publication "How's Life in Your Region?".
Getting regions and cities 'right', adapting policies to the specificities of where people live and work, is vital to improving citizens’ well-being. View the country factsheets from the publication OECD Regional Outlook 2014.
Country notes with main key findings of the book and key fact tables: a customised snapshot of a country's educational environment, highlighting the most important issues in the educational landscape.
Specific country notes have been prepared using data from the database OECD Health Statistics 2014, June 2014 version. The notes are available in PDF format.
English, PDF, 572kb
Country profiles highlight some key findings from TALIS 2013 for individual countries and economies
The average worker in Iceland faced a tax burden on labour income (tax wedge) of 33.4% in 2013 compared with the OECD average of 35.9%. Iceland was ranked 22 of the 34 OECD member countries in this respect.
English, PDF, 200kb
This note presents key findings for Iceland from Society at a Glance 2014 - OECD Social indicators. This 2014 publication also provides a special chapter on: the crisis and its aftermath: a “stress test” for societies and for social policies.
Iceland has made progress in coping with the legacy of the crisis but needs to go further in fiscal consolidation, strengthening monetary and financial stability arrangements and to remove capital controls in an orderly fashion.