What percentage of GDP is tax revenue?

The OECD’s annual Revenue Statistics report found that the tax-to-GDP ratio in the United States increased by 0.1 percentage point from 24.4% in 2018 to 24.5% in 2019.

How much is China’s tax on collections?

In July 2021, the tax revenue in China amounted to about 1.87 trillion yuan….Monthly tax revenue in China from July 2020 to July 2021 (in billion yuan)

What country collects the most tax revenue?

The USA
The USA tops the list in the report for having the highest level of tax revenues, with $4,846.3 billion (£3,571bn) tax generated from its population of 325.7 million.

What is the percentage of tax revenue in China?

The graph shows the tax revenue share in the gross domestic product (GDP) in China until 2016. In 2016, tax revenues amounted to about 9.2 percent of GDP. You need a Single Account for unlimited access.

What is the percentage of tax revenue in the OECD?

New OECD data in the annual Revenue Statistics 2020 publication show that on average, tax revenues as a percentage of GDP (i.e. the tax-to-GDP ratio) were 33.8% in 2019, a decrease of 0.1 percentage points (p.p.) of GDP relative to 2018. This is the first decrease observed in the OECD average since the impact of the global financial

How is tax as a percentage of GDP?

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 European Union.

What was the OECD tax to GDP ratio in 2016?

The 2016 OECD average tax-to-GDP ratio includes the one-off revenues from stability contributions in Iceland. Without these revenues included, the OECD average tax-to-GDP ratio in 2016 would have been 34.0. Source:Data from Revenue Statistics 2019,http://oe.cd/revenue-statistics © OECD 2019

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