This dataset provides values for PERSONAL INCOME TAX RATECONTINENT=EUROPE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The average for 2019 based on 184 countries was 23 taxes. The highest value was in Venezuela: 99 taxes and the lowest value was in Bahrain: 3 taxes. The indicator is available from 2005 to 2019. Below is a chart for all countries where data are available.

This dataset provides values for PERSONAL INCOME TAX RATECONTINENT=EUROPE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

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.

In 2024, the standard corporate income tax rate in the Philippines was set at 25 percent. In comparison, the standard corporate income tax rates in Cambodia, Thailand, and Vietnam are at 20 percent that year.

The average for 2021 based on 119 countries was 38.96 percent. The highest value was in Macao: 70.38 percent and the lowest value was in the USA: 3.11 percent. The indicator is available from 1972 to 2022. Below is a chart for all countries where data are available.

This dataset provides values for PERSONAL INCOME TAX RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

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.

This dataset provides values for CORPORATE TAX RATES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This dataset provides values for SALES TAX RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

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.

As of 2023, the average taxation rate for a single person without children who earned an average salary in the European Union was ***** percent of their total earnings. For a two-earner couple without children earning an average salary it was slightly less, at ***** percent, while for a single person without children earning **** times the average salary, the rate of taxation in the EU was *****%. Having children greatly reduced the average rate of taxation, with a one-earner couple with two children in the EU only paying out ***** percent of their gross household earnings in taxes in 2023. Tax rates in Europe are generally quite high, due to the progressive income tax systems set in place during the 20th century in many countries, which require high taxation in order to fund generous social welfare systems. ******* was the country with the highest average rates of taxation in 2023, with a high earning single person without children subject to pay almost half of their gross household earnings out in taxes. Other countries in North-western Europe such as *******, *******, and ********** also top the list for highest income taxation rates in Europe, while ****** was the country in Europe with the lowest average taxation rates in Europe during the same period. In both ******* and ******, single-earner families with two children actually saw the lowest average tax rates, due to the strong pronatalist policies in these countries and tax incentives for traditional single-earner households.

Denmark is the European country with the highest top statutory income tax rate as of 2024, with the Nordic country having a top taxation band of **** percent. Other countries with high taxes on top earners included France, with a top rate of **** percent, Austria, with a top rate of ** percent, and Spain, with a top rate of ** percent. Many countries in Europe have relatively high top income tax rates when compared with other regions globally, as these countries have relatively generous social systems funded by tax incomes. This is particularly the case in Western, Northern, and Central Europe, where the social state is generally stronger. On the other hand, formerly communist countries in the Central and Eastern Europe (CEE) region tend to have lower top income tax rates, with Romania and Bulgaria having the lowest rates in Europe in 2024, with their top income tax brackets both being only ** percent. These countries often have less well-developed social systems, as well as the fact that they must compete to retain their workers against other European countries with higher average wages. In spite of low-income taxes, these countries may take other deductions from employee's wages such as pension and healthcare payments, which may not be included in income taxation as in other European countries.

This dataset provides values for CORPORATE TAX RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The statistic shows the proportion of taxes and social security contributions of total labor costs for average earners in OECD countries in 2013 by marital status. The proportion of taxes and social security contributions for a childless single with average earnings in Belgium was 55.8 percent of the total labor costs in 2013.

This dataset provides values for PERSONAL INCOME TAX RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Graph and download economic data for U.S Individual Income Tax: Tax Rates for Regular Tax: Highest Bracket (IITTRHB) from 1913 to 2018 about individual, tax, income, rate, and USA.