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List of sovereign states by tax revenue to GDP ratio

Global map of tax revenues as share of GDP in 2022, according to UNU-WIDER[1]

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.

According to World Bank, "GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.[2] Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue."[3]

UNU-WIDER data is more complex, total taxes consists of taxes, social contributions, grants receivable, and other revenue. Sources are IMF Country Reports[4] and OECD Revenue Statistics.[5] Data are in current national currency.

References

  1. ^ "Tax revenues as a share of GDP, 2022". Our World in Data. Retrieved 2024-09-07.
  2. ^ World Bank. "GDP (current US$)". databank.worldbank.org. Retrieved 2024-09-07.
  3. ^ World Bank. "Tax revenue (% of GDP)". databank.worldbank.org. Retrieved 2024-09-07.
  4. ^ International Monetary Fund. "World Economic Outlook Database". imf.org. Retrieved 2024-09-07.
  5. ^ Organisation for Economic Co-operation and Development. "Global Revenue Statistics Database". data-explorer.oecd.org. Retrieved 2024-09-07.
  6. ^ World Bank. "GDP (current US$)". databank.worldbank.org. Retrieved 2024-09-07.
  7. ^ World Bank. "Tax revenue (% of GDP)". databank.worldbank.org. Retrieved 2024-09-07.
  8. ^ UNU-WIDER. "Total taxes". www5.wider.unu.edu. GRD – The Government Revenue Dataset. Retrieved 2024-09-07.

See also