Facebook
TwitterLooking at national tax revenues as a share of the gross domestic product (GDP) in *** countries and territories worldwide, Denmark had the highest revenue as a share of its national GDP, with almost **** of its GDP coming from taxes. In Equatorial Guinea, on the other, on the other hand, only *** percent of the national GDP came from taxes.
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Key information about US Tax revenue: % of GDP
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The average for 2022 based on 110 countries was 17.45 percent. The highest value was in Norway: 31.34 percent and the lowest value was in the United Arab Emirates: 0.58 percent. The indicator is available from 1972 to 2024. Below is a chart for all countries where data are available.
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Key information about EU Tax revenue: % of GDP
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Key information about Taiwan Tax revenue: % of GDP
Facebook
TwitterIn 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.
Facebook
TwitterBetween 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 ** 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 ** percent of its GDP.
Facebook
Twitterhttps://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
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.
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Key information about Brazil Tax revenue: % of GDP
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Key information about Greece Tax revenue: % of GDP
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
This horizontal bar chart displays tax revenue (% of GDP) by country using the aggregation average, weighted by gdp. The data is about countries.
Facebook
TwitterIn 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.
Facebook
Twitterhttps://creativecommons.org/publicdomain/zero/1.0/https://creativecommons.org/publicdomain/zero/1.0/
this project was realized in tableu :
https://www.googleapis.com/download/storage/v1/b/kaggle-user-content/o/inbox%2F16731800%2Fabd3ec517174b8e60cad040082f9a33e%2Fgrap2.png?generation=1709409458890934&alt=media" alt="">
https://www.googleapis.com/download/storage/v1/b/kaggle-user-content/o/inbox%2F16731800%2F1933a6c3a6bf82d079390ca775fdcba2%2Fgrap1.png?generation=1709409464772791&alt=media" alt="">
https://www.googleapis.com/download/storage/v1/b/kaggle-user-content/o/inbox%2F16731800%2F221c6415e1b9d997cf582d7f75c69ace%2Fgraph3.png?generation=1709409471157116&alt=media" alt="">
Governments around the world rely on tax revenues as a primary means to sustainably finance their operations, including providing infrastructure, public services, and paying for their employees. However, the extent to which countries collect taxes varies significantly, as illustrated by data from the United Nations showing government tax revenues as a share of gross domestic product (GDP).
In many European nations, tax revenues represent over a third of GDP, with countries like France and Denmark reaching levels as high as about half. These figures underscore the significant role of taxation in funding public expenditures in these countries.
Conversely, in most other parts of the world, tax revenues constitute a smaller portion of GDP. In some countries, taxes make up only a few percent of GDP, reflecting lower levels of government intervention in the economy or differing tax structures.
It's essential to recognize that variations in tax revenues are not solely attributable to differences in the capacity to collect taxes. While some variations may indeed reflect disparities in administrative capabilities or enforcement mechanisms, others stem from deliberate policy choices and political preferences regarding the level of taxation.
Moreover, reliance on alternative revenue sources, such as revenues from natural resources or foreign aid, can introduce volatility and uncertainty into a government's fiscal position. Therefore, the ability to effectively collect taxes remains crucial for ensuring stability and predictability in financing government activities.
Taxation also serves broader economic and social objectives beyond revenue generation. For instance, progressive taxation can contribute to reducing income inequality by redistributing wealth and funding social welfare programs. Conversely, lower tax rates may stimulate economic growth by incentivizing investment and consumption.
However, the optimal level and structure of taxation are subjects of ongoing debate and vary depending on economic conditions, societal preferences, and political ideologies. Governments must strike a balance between raising sufficient revenue to finance public expenditures and minimizing distortions and inefficiencies caused by taxation.
Furthermore, tax policies should be designed with consideration for their potential impact on economic behavior, investment decisions, and international competitiveness. International cooperation and coordination are also essential, particularly in addressing issues such as tax evasion, avoidance, and base erosion in an increasingly interconnected global economy.
In conclusion, while countries differ significantly in the extent to which they collect taxes, taxation remains a fundamental tool for financing government activities and achieving broader economic and social objectives. Effective tax policies must strike a balance between revenue generation, economic efficiency, equity, and international competitiveness to ensure sustainable fiscal outcomes and support inclusive growth and development.
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
This scatter chart displays GDP (current US$) against tax revenue (% of GDP). The data is about countries.
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Key information about Iran Tax revenue: % of GDP
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
This dataset provides values for TAX REVENUE PERCENT OF GDP WB DATA.HTML reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
Facebook
TwitterInternationally comparable tax revenue data from countries included in Global Revenue Statistics, presented as a percentage of GDP and as a share of total tax revenue, as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes.
Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax.
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
This scatter chart displays tax revenue (% of GDP) against GDP (current US$) in Oceania. The data is about countries per year.
Facebook
TwitterTax revenue generated by Cuba represented 37.5 percent of its GDP in 2020. This share has been on an upward trend since 2014, with the exception of 2020. Cuba is the Latin American country with the largest share of tax revenue in relation to GPD.
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Key information about Russia Tax revenue: % of GDP
Facebook
TwitterLooking at national tax revenues as a share of the gross domestic product (GDP) in *** countries and territories worldwide, Denmark had the highest revenue as a share of its national GDP, with almost **** of its GDP coming from taxes. In Equatorial Guinea, on the other, on the other hand, only *** percent of the national GDP came from taxes.