Looking at national tax revenues as a share of the gross domestic product (GDP) in 126 countries and territories worldwide, Denmark had the highest revenue as a share of its national GDP, with almost half of its GDP coming from taxes. In Equatorial Guinea, on the other, on the other hand, only six percent of the national GDP came from taxes.

Key information about EU Tax revenue: % of GDP

• European Union Tax revenue: % of GDP was reported at 25.8 % in Dec 2023.
• This records a decrease from the previous number of 26.5 % for Dec 2022.
• EU Tax revenue: % of GDP data is updated yearly, averaging 25.9 % from Dec 1995 to 2023, with 29 observations.
• The data reached an all-time high of 26.7 % in 2021 and a record low of 24.4 % in 1995.
• EU Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Annual.

CEIC calculates annual Tax Revenue as % of Nominal GDP from annual Tax Revenue and quarterly Nominal GDP. Tax Revenue is calculated as the sum of Production and Import Tax and Current Taxes on Income Wealth and Etc. Eurostat provides Tax Revenue in EUR and Nominal GDP in EUR. European Union stands for EU27 excluding UK.

The average for 2022 based on 94 countries was 17.41 percent. The highest value was in Lesotho: 31.31 percent and the lowest value was in the United Arab Emirates: 0.57 percent. The indicator is available from 1972 to 2023. Below is a chart for all countries where data are available.

Key information about US Tax revenue: % of GDP

• United States Tax revenue: % of GDP was reported at 16.6 % in Dec 2024.
• This records an increase from the previous number of 16.2 % for Dec 2023.
• US Tax revenue: % of GDP data is updated yearly, averaging 17.0 % from Dec 1968 to 2024, with 57 observations.
• The data reached an all-time high of 19.5 % in 2000 and a record low of 13.7 % in 2009.
• US Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Annual.

CEIC calculates annual Tax Revenue as % of Nominal GDP from monthly Tax Revenue and annual Nominal GDP. Tax Revenue is calculated as the sum of Individual Income Taxes, Corporation Income Taxes, Social Insurance Taxes, Excise Tax, Estate and Gift Taxes and Customs Duties. The Bureau of the Fiscal Service provides Tax Revenue in USD. The Bureau of Economic Analysis provides Nominal GDP in USD.

Between 2010 and 2024, France constantly had the highest total government revenue of the G7 countries in terms of share of gross domestic product (GDP). In 2024, its total income amounted to an estimated 51 percent of its GDP. It was also the G7 country with the highest government spending over the same period. On the other hand, the United States had the lowest government income that year at 30 percent of its GDP.

In 2022, tax revenues in Brazil represented 33.3 percent of its GDP. This made it the country with the largest volume of taxes in relation to gross domestic product in Latin America and the Caribbean. In Barbados and Argentina, tax revenue was equal to approximately one third of GDP. Guyana, on the other hand, was the nation with the lowest share of tax to GDP, at only 10.6 percent, almost eleven percentage points below the regional average, 21.5 percent.

Key information about India Tax revenue: % of GDP

• India Tax revenue: % of GDP was reported at 6.8 % in Dec 2024.
• This records a decrease from the previous number of 9.1 % for Sep 2024.
• India Tax revenue: % of GDP data is updated quarterly, averaging 7.4 % from Jun 1997 to Dec 2024, with 111 observations.
• The data reached an all-time high of 10.8 % in Mar 2015 and a record low of 3.0 % in Jun 2003.
• India Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Quarterly.

CEIC calculates quarterly Tax Revenue as % of Nominal GDP from monthly Tax Revenue and quarterly Nominal GDP. The Controller General of Accounts provides Tax Revenue in local currency. Ministry of Statistics and Programme Implementation provides Nominal GDP in local currency based on SNA 2008. Tax Revenue covers Central Government only. Nominal GDP prior to Q2 2011 is based on a combination of SNA 2008 and SNA 1993, at 2004-2005 prices and prior to Q2 2004 is based on SNA 1993, at 1999-2000 prices.

In 2023, the national tax accounted for 15.4 percent of South Korea's gross domestic product (GDP). The local government's share was five percent. While national tax revenues outweigh local ones in South Korea and the ratio of tax burden to GDP in the country tended to increase in recent years, 2023 marked a reversal of that trend.

Key information about Kenya Tax revenue: % of GDP

• Kenya Tax revenue: % of GDP was reported at 7.0 % in Dec 2023.
• This records a decrease from the previous number of 7.1 % for Dec 2022.
• Kenya Tax revenue: % of GDP data is updated yearly, averaging 7.3 % from Dec 2006 to 2023, with 18 observations.
• The data reached an all-time high of 8.1 % in 2007 and a record low of 6.2 % in 2020.
• Kenya Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Annual.

CEIC calculates annual Tax Revenue as % of Nominal GDP from monthly Tax Revenue and annual Nominal GDP. The Central Bank of Kenya provides year-to-date Tax Revenue in local currency. The Kenya National Bureau of Statistics provides Nominal GDP in local currency. Tax Revenue covers Central Government only.

The tax ratio as a percentage of the gross domestic product (GDP) in Sweden was at its highest in 2016 and 2017, reaching over 44 percent these years. In 2022, it was at 41.8 percent. Moreover, the GDP in the country increased since 2010, despite a decrease in 2020 after the outbreak of COVID-19.

Increase in government revenues

The increase of the GDP generated a constant central government revenue in Sweden. In 2021, the revenue of the Government of Sweden reached nearly 1.2 trillion Swedish kronor.

 Source of income

The largest source of the central government’s income came from tax from direct labor. This amounted to nearly 690 billion Swedish kronor in 2021. Tax from consumption and income generated the second highest income for the Swedish central government at above 650 billion Swedish kronor.

Graph and download economic data for Federal Receipts as Percent of Gross Domestic Product (FYFRGDA188S) from 1929 to 2024 about receipts, federal, GDP, and USA.

In 2022, tax revenues accounted for 29.6 percent of Argentina's gross domestic product, a slight increase from 29.1 percent a year earlier. The country has one of the highest tax revenues as share of GDP in Latin America and the Caribbean.

This statistic displays the major OECD countries based on highest environmentally related tax revenue as a percentage of the country's GDP in 2013. During this year, Israel's environmentally related tax revenue accounted for 2.83 percent of their GDP. Environmental taxes are used to internalize environmental costs.

This dataset is about countries in Southern Asia. It has 9 rows. It features 3 columns: GDP, and tax revenue.

Key information about Iran Tax revenue: % of GDP

• Iran Tax revenue: % of GDP was reported at 4.2 % in Dec 2022.
• This records an increase from the previous number of 3.8 % for Dec 2021.
• Iran Tax revenue: % of GDP data is updated yearly, averaging 5.2 % from Dec 1996 to 2022, with 27 observations.
• The data reached an all-time high of 8.5 % in 1999 and a record low of 3.8 % in 2021.
• Iran Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Annual.

CEIC shifts year-end for annual Tax Revenue as % of Nominal GDP and calculates it from annual Tax Revenue and annual Nominal GDP. The Ministry of Economic Affairs and Finance provides Tax Revenue in local currency. The Statistical Center of Iran provides Nominal GDP in local currency based on SNA 2008. Nominal GDP prior to 2006 is based on SNA 1993 and sourced from the Central Bank of the Islamic Republic of Iran. Tax Revenue as % of GDP is reported in annual frequency, ending in March of each year.

This dataset provides values for TAX REVENUE PERCENT OF GDP WB DATA.HTML reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This horizontal bar chart displays tax revenue (% of GDP) by region using the aggregation average, weighted by gdp in Europe. The data is about countries.

This scatter chart displays tax revenue (% of GDP) against GDP (current US$) in Caribbean. The data is about countries.

Key information about Taiwan Tax revenue: % of GDP

• Taiwan Tax revenue: % of GDP was reported at 11.8 % in Dec 2024.
• This records a decrease from the previous number of 12.2 % for Sep 2024.
• Taiwan Tax revenue: % of GDP data is updated quarterly, averaging 13.7 % from Mar 1975 to Dec 2024, with 200 observations.
• The data reached an all-time high of 27.9 % in Jun 2023 and a record low of 7.5 % in Mar 2009.
• Taiwan Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Quarterly.

CEIC calculates quarterly Tax Revenue as % of Nominal GDP from monthly Tax Revenue and quarterly Nominal GDP. The Ministry of Finance provides Tax Revenue in local currency. The Directorate-General of Budget, Accounting and Statistics, Executive Yuan provides Nominal GDP in local currency.

This statistic depicts the potential annual revenue impact of introducing a carbon tax as a percentage of GDP across the Asia-Pacific region as of March 2018, by selected country. As of this date, the potential increase in tax revenue due to the introduction of a carbon tax was estimated to amount to 0.45 percent of the GDP in Mongolia.