Tax Burden (% of GDP) 2011

Central African Republic

The Central African Republic ranked #125 globally for Tax Burden (% of GDP) in 2011, with a value of 7.54040362417486 %. This figure is significantly lower than the global average, indicating a limited capacity for tax revenue generation compared to many other nations. Contributing factors include ongoing political instability, a largely informal economy, and inadequate infrastructure, which hinder effective tax collection and compliance.

Lebanon

In 2011, Lebanon ranked #66 globally with a Tax Burden (% of GDP) of 16.3773329137847 %. This figure is relatively low compared to the global average, indicating a less extensive tax system than many countries. Contributing factors include Lebanon's complex political landscape, which has historically hindered effective tax collection and enforcement, alongside economic challenges such as high public debt and a reliance on informal economic activities.

Finland

In 2011, Finland ranked #38 globally with a Tax Burden (% of GDP) of 20.0526169335458 %. This figure is notably lower than the Nordic average, reflecting Finland's unique approach to taxation compared to its neighbors like Sweden, which has a higher tax burden. Key factors influencing this statistic include Finland's extensive social welfare programs, which are funded through taxation, and a strong emphasis on public services that contribute to overall economic stability.

Equatorial Guinea

In 2011, Equatorial Guinea had a Tax Burden (% of GDP) of 7.01579011251936 %, ranking #126 out of 131 countries. This figure is significantly lower than the global average, indicating a limited tax revenue generation compared to many other nations. The low tax burden is largely due to the country's reliance on oil revenues, which have historically dominated its economy, reducing the need for extensive taxation of other sectors.

Azerbaijan

Azerbaijan ranked #97 globally with a Tax Burden (% of GDP) of 12.2247609538804 % in 2011. This figure is notably lower than the global average, indicating a lighter tax load on its economy compared to many other nations. The relatively low tax burden can be attributed to Azerbaijan's oil-rich economy, which generates substantial revenue, allowing the government to maintain lower tax rates to attract investment and stimulate growth.

Bosnia and Herzegovina

Bosnia and Herzegovina ranked #35 globally with a tax burden of 20.3056652821355 % of GDP in 2011. This figure is above the regional average for Southeast Europe, reflecting a relatively high level of taxation compared to some neighboring countries. The tax burden is influenced by the country's complex political structure and the need for revenue to support public services and infrastructure in a post-war context.

Angola

In 2011, Angola had a Tax Burden (% of GDP) of 14.3382952931375 %, ranking #85 out of 131 countries. This figure is notably lower than the global average, reflecting a relatively modest tax collection system compared to more developed economies.

Key factors influencing this tax burden include Angola's reliance on oil revenues, which dominate its economy and reduce the need for extensive taxation, and a challenging business environment that limits the expansion of the tax base.

Jamaica

In 2011, Jamaica had a Tax Burden (% of GDP) of 23.364368298024 %, ranking #18 out of 131 countries. This figure is notably higher than the global average, indicating a significant reliance on taxation to fund public services. Contributing factors include Jamaica's need for revenue to support its social programs and infrastructure development, alongside challenges such as high public debt and economic vulnerability to external shocks.

Australia

In 2011, Australia had a Tax Burden (% of GDP) of 20.2598123616431 %, ranking #36 out of 131 countries. This figure is higher than the average tax burden in the Asia-Pacific region, reflecting Australia's robust social welfare programs and public services. The relatively high tax rate is driven by a combination of a strong economy, significant government investments in health and education, and a progressive tax system that aims to address income inequality.

Chile

In 2011, Chile had a Tax Burden (% of GDP) of 18.9360959983723 %, ranking #41 out of 131 countries. This figure is lower than the average tax burden in Latin America, reflecting a relatively lean fiscal structure compared to its regional peers. Key factors influencing this statistic include Chile's commitment to free-market policies and a focus on attracting foreign investment, which have shaped its tax framework and economic landscape.