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Among the top ten highest ratios of taxes to GDP, three are in Europe (Denmark, the United Kingdom, and Sweden), three are in Africa (Seychelles, Lesotho, and Namibia), and three are in the Pacific Islands/Australia region (Nauru, Kiribati, and New Zealand), with Barbados representing the Caribbean. These countries achieve these elevated ratios ...
This article lists countries alphabetically, with total tax revenue as a percentage of gross domestic product ( GDP) for the listed countries. The tax percentage for each country listed in the source has been added to the chart. Tax revenue as percentage of GDP in the European Union.
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Charts. Composition of tax revenues. Government revenues as a share of GDP IMF. Government revenues as a share of GDP World Bank. Government revenues as a share of national income. Income inequality: Gini coefficient before and after tax World Bank (via UN SDG) Number of countries having implemented value added taxes.
- Tax-To-Gdp Ratio: Comparing Tax Systems Around The World
- What Is The Tax-To-Gdp Ratio?
- Ranked: The Tax-To-Gdp Ratios of OECD Countries
Taxes are an important source of revenue for most countries. In fact, taxes provide around 50%or more of government funds in almost every country in the world. How does each country’s tax system compare to one another? This question is tricky to answer. Since countries’ populations and economies differ greatly, measuring total tax revenueis not the...
The tax-to-GDP ratio compares a country’s tax revenue to the size of its economy, which in this case is measured by its GDP. The higher the ratio, the higher the proportion of money that goes to government coffers. If managed effectively, this can support the long-term health and prosperity of an economy. According to research conducted by the Inte...
The dataset used for this graphic looks at 35 of the 37 OECD countries, since recent data for Australia and Japan was not available. At 46.3%, Denmark has the highest ratio on the list. The country puts its relatively high tax revenue to use, particularly when it comes to subsidizing post-secondary education—in Denmark, university is freefor all EU...
- Carmen Ang
According to provisional data provided by OECD countries for the annual Revenue Statistics 2023 publication, tax revenues as a percentage of GDP (i.e. the tax-to-GDP ratio) were 34.0% on average in 2022, a decrease of 0.15 percentage points (p.p.) of GDP relative to 2021.
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Nov 1, 2023 · Tax revenues as a share of GDP. UNU-WIDER. See all data and research on: Taxation State Capacity. Explore the Data. Research & Writing. All Charts. Sources & Processing. Reuse This Work. What you should know about this indicator. Taxes are defined as compulsory, unrequited payments to the government, following IMF and OECD definitions.
The Global Revenue Statistics Database is a major step forward in providing comparable and reliable tax revenue data for a large number of countries from all regions of the world. It provides detailed comparable tax revenue data for 127 economies from 1990 onwards.
