Tax Revenue (% of GDP) 2012

Tax revenue as a share of GDP by country. Compare how much governments collect in taxes relative to economic output, using World Bank data since 2001.

135 data pointsGlobal CoverageTax revenue (% of GDP), World Bank (WB)

Interactive Map

Loading interactive map...

Complete Data Rankings

Rank
Actions
1
Timor-Leste flag
Timor-Leste
147.64 % of GDP
2
Lesotho flag
Lesotho
38.084 % of GDP
3
China, Macao SAR flag
China, Macao SAR
36.8 % of GDP
4
Denmark flag
Denmark
33.515 % of GDP
5
Namibia flag
Namibia
32.933 % of GDP
6
Eswatini flag
Eswatini
29.058 % of GDP
7
Botswana flag
Botswana
28.037 % of GDP
8
New Zealand flag
New Zealand
26.864 % of GDP
9
Sweden flag
Sweden
26.782 % of GDP
10
Norway flag
Norway
26.243 % of GDP
11
Austria flag
Austria
26.183 % of GDP
12
Solomon Islands flag
Solomon Islands
26.177 % of GDP
13
Belgium flag
Belgium
25.709 % of GDP
14
Malta flag
Malta
25.295 % of GDP
15
United Kingdom flag
United Kingdom
24.998 % of GDP
16
Trinidad and Tobago flag
Trinidad and Tobago
24.961 % of GDP
17
Greece flag
Greece
24.954 % of GDP
18
Italy flag
Italy
24.911 % of GDP
19
Luxembourg flag
Luxembourg
24.428 % of GDP
20
Jamaica flag
Jamaica
24.333 % of GDP
21
South Africa flag
South Africa
23.346 % of GDP
22
Cyprus flag
Cyprus
23.335 % of GDP
23
Georgia flag
Georgia
23.089 % of GDP
24
Hungary flag
Hungary
22.929 % of GDP
25
Fiji flag
Fiji
22.893 % of GDP
26
France flag
France
22.609 % of GDP
27
Ireland flag
Ireland
22.341 % of GDP
28
Morocco flag
Morocco
21.965 % of GDP
29
Saint Vincent and the Grenadines flag
Saint Vincent and the Grenadines
21.845 % of GDP
30
Slovenia flag
Slovenia
21.702 % of GDP
31
Israel flag
Israel
21.639 % of GDP
32
Iceland flag
Iceland
21.227 % of GDP
33
Australia flag
Australia
21.028 % of GDP
34
Portugal flag
Portugal
21.011 % of GDP
35
Barbados flag
Barbados
20.562 % of GDP
36
Samoa flag
Samoa
20.539 % of GDP
37
Bosnia and Herzegovina flag
Bosnia and Herzegovina
20.478 % of GDP
38
Netherlands flag
Netherlands
20.326 % of GDP
39
Finland flag
Finland
20.202 % of GDP
40
Estonia flag
Estonia
20.162 % of GDP
41
Croatia flag
Croatia
20.13 % of GDP
42
Tunisia flag
Tunisia
20.115 % of GDP
43
Czech Republic flag
Czech Republic
19.122 % of GDP
44
Chile flag
Chile
18.991 % of GDP
45
Mozambique flag
Mozambique
18.629 % of GDP
46
Bulgaria flag
Bulgaria
18.385 % of GDP
47
Mauritius flag
Mauritius
18.364 % of GDP
48
Belize flag
Belize
18.363 % of GDP
49
Palau flag
Palau
18.139 % of GDP
50
Turkey flag
Turkey
18.105 % of GDP
51
San Marino flag
San Marino
18.016 % of GDP
52
Saint Kitts and Nevis flag
Saint Kitts and Nevis
17.922 % of GDP
53
Zimbabwe flag
Zimbabwe
17.836 % of GDP
54
Serbia flag
Serbia
17.815 % of GDP
55
Uruguay flag
Uruguay
17.792 % of GDP
56
Ukraine flag
Ukraine
17.633 % of GDP
57
Albania flag
Albania
17.588 % of GDP
58
Armenia flag
Armenia
17.492 % of GDP
59
Vanuatu flag
Vanuatu
17.382 % of GDP
60
Saint Lucia flag
Saint Lucia
17.154 % of GDP
61
Romania flag
Romania
17.145 % of GDP
62
Kiribati flag
Kiribati
16.833 % of GDP
63
Peru flag
Peru
16.547 % of GDP
64
North Macedonia flag
North Macedonia
16.417 % of GDP
65
Marshall Islands flag
Marshall Islands
16.386 % of GDP
66
Cabo Verde flag
Cabo Verde
16.281 % of GDP
67
El Salvador flag
El Salvador
16.182 % of GDP
68
Poland flag
Poland
16.005 % of GDP
69
Lithuania flag
Lithuania
15.685 % of GDP
70
Malaysia flag
Malaysia
15.613 % of GDP
71
Republic of Moldova flag
Republic of Moldova
15.595 % of GDP
72
Slovakia flag
Slovakia
15.499 % of GDP
73
Latvia flag
Latvia
15.447 % of GDP
74
Thailand flag
Thailand
15.441 % of GDP
75
Ghana flag
Ghana
15.368 % of GDP
76
Mongolia flag
Mongolia
15.312 % of GDP
77
Lebanon flag
Lebanon
15.198 % of GDP
78
Nicaragua flag
Nicaragua
15.009 % of GDP
79
Zambia flag
Zambia
14.892 % of GDP
80
Honduras flag
Honduras
14.747 % of GDP
81
Belarus flag
Belarus
14.663 % of GDP
82
Burundi flag
Burundi
14.533 % of GDP
83
Brazil flag
Brazil
14.332 % of GDP
84
Gabon flag
Gabon
14.061 % of GDP
85
Burkina Faso flag
Burkina Faso
13.89 % of GDP
86
Russia flag
Russia
13.755 % of GDP
87
Laos flag
Laos
13.605 % of GDP
88
Bhutan flag
Bhutan
13.589 % of GDP
89
Singapore flag
Singapore
13.581 % of GDP
90
Jordan flag
Jordan
13.543 % of GDP
91
South Korea flag
South Korea
13.474 % of GDP
92
Kazakhstan flag
Kazakhstan
13.312 % of GDP
93
Colombia flag
Colombia
13.227 % of GDP
94
Angola flag
Angola
13.22 % of GDP
95
Costa Rica flag
Costa Rica
13.105 % of GDP
96
Dominican Republic flag
Dominican Republic
13.052 % of GDP
97
Argentina flag
Argentina
12.953 % of GDP
98
Azerbaijan flag
Azerbaijan
12.779 % of GDP
99
Egypt flag
Egypt
12.385 % of GDP
100
Philippines flag
Philippines
12.306 % of GDP
101
Nepal flag
Nepal
12.041 % of GDP
102
Bahamas flag
Bahamas
12.039 % of GDP
103
Germany flag
Germany
11.914 % of GDP
104
Uzbekistan flag
Uzbekistan
11.81 % of GDP
105
Spain flag
Spain
11.706 % of GDP
106
Canada flag
Canada
11.664 % of GDP
107
Togo flag
Togo
11.362 % of GDP
108
Cameroon flag
Cameroon
11.344 % of GDP
109
Guatemala flag
Guatemala
11.01 % of GDP
110
Mali flag
Mali
10.925 % of GDP
111
India flag
India
10.837 % of GDP
112
Côte d'Ivoire flag
Côte d'Ivoire
10.619 % of GDP
113
Tanzania flag
Tanzania
10.433 % of GDP
114
Sri Lanka flag
Sri Lanka
10.111 % of GDP
115
China flag
China
10.089 % of GDP
116
United States flag
United States
9.764 % of GDP
117
Paraguay flag
Paraguay
9.458 % of GDP
118
Ethiopia flag
Ethiopia
9.378 % of GDP
119
Mexico flag
Mexico
9.352 % of GDP
120
Malawi flag
Malawi
9.316 % of GDP
121
Bangladesh flag
Bangladesh
9.025 % of GDP
122
Switzerland flag
Switzerland
9.018 % of GDP
123
Equatorial Guinea flag
Equatorial Guinea
8.742 % of GDP
124
Cambodia flag
Cambodia
8.737 % of GDP
125
Congo, Democratic Republic of the flag
Congo, Democratic Republic of the
8.644 % of GDP
126
Madagascar flag
Madagascar
8.368 % of GDP
127
Central African Republic flag
Central African Republic
8.172 % of GDP
128
Afghanistan flag
Afghanistan
7.708 % of GDP
129
Congo flag
Congo
7.278 % of GDP
130
Sudan flag
Sudan
6.894 % of GDP
131
Micronesia (Fed. States of) flag
Micronesia (Fed. States of)
4.941 % of GDP
132
Myanmar flag
Myanmar
4.524 % of GDP
133
Saudi Arabia flag
Saudi Arabia
2.485 % of GDP
134
Bahrain flag
Bahrain
1.137 % of GDP
135
United Arab Emirates flag
United Arab Emirates
0.347 % of GDP

Top 10 Countries

  1. #1Timor-Leste flagTimor-Leste
  2. #2Lesotho flagLesotho
  3. #3China, Macao SAR flagChina, Macao SAR
  4. #4Denmark flagDenmark
  5. #5Namibia flagNamibia
  6. #6Eswatini flagEswatini
  7. #7Botswana flagBotswana
  8. #8New Zealand flagNew Zealand
  9. #9Sweden flagSweden
  10. #10Norway flagNorway

Analysis: These countries represent the highest values in this dataset, showcasing significant scale and impact on global statistics.

Bottom 10 Countries

  1. #135United Arab Emirates flagUnited Arab Emirates
  2. #134Bahrain flagBahrain
  3. #133Saudi Arabia flagSaudi Arabia
  4. #132Myanmar flagMyanmar
  5. #131Micronesia (Fed. States of) flagMicronesia (Fed. States of)
  6. #130Sudan flagSudan
  7. #129Congo flagCongo
  8. #128Afghanistan flagAfghanistan
  9. #127Central African Republic flagCentral African Republic
  10. #126Madagascar flagMadagascar

Context: These countries or territories have the lowest values, often due to geographic size, administrative status, or specific characteristics.

Analysis & Context

In 2012, Timor-Leste led the world in Tax Revenue (% of GDP) with an astounding rate of 147.64%, showcasing the highest level of tax collection relative to its economic output. The global range for this metric spanned from a minimum of 0.35% in the United Arab Emirates to Timor-Leste's maximum. The average tax revenue across the 135 countries with available data was 17.57%, providing a baseline for comparison against individual country performances.

Economic Structure and Tax Revenue (% of GDP)

The diverse economic structures of countries significantly influence their Tax Revenue (% of GDP). For instance, Timor-Leste and Lesotho both report high percentages, at 147.64% and 38.08% respectively, due to unique factors like reliance on natural resource revenues and external aid funneled through government budgets. Denmark, with a rate of 33.51%, exemplifies a different model where high tax revenue reflects robust social welfare systems funded by comprehensive tax policies. In contrast, countries like the United Arab Emirates and Bahrain maintain low tax revenue figures, 0.35% and 1.14% respectively, due to their reliance on oil revenues which reduce the immediate need for high tax rates.

Regional Disparities and Policy Impacts

Geographic and policy-driven disparities play a crucial role in shaping tax revenue outcomes. In Africa, countries like Lesotho and Namibia exhibit high tax revenue percentages, 38.08% and 32.93%, due to concerted efforts to enhance tax collection and manage public finances. Conversely, in the Middle East, nations such as Saudi Arabia and United Arab Emirates report minimal tax revenue percentages, reflecting their oil-based economies where tax revenue is not a primary source of government funding. These patterns highlight the impact of natural resources and policy decisions on tax structures.

Year-over-Year Trends and Key Movers

Analyzing year-over-year changes reveals significant shifts in Tax Revenue (% of GDP) for certain countries. Eswatini experienced the largest increase with a rise of 12.41% (74.6%), driven by improved tax administration and policy reforms. Similarly, Timor-Leste saw a notable increase of 12.16% (9.0%), largely attributed to the management of petroleum fund revenues. On the other hand, Kazakhstan faced the steepest decline, with a reduction of 4.95% (-27.1%), possibly due to economic adjustments and decreased resource revenues. These changes underscore the dynamic nature of tax revenue as countries adapt their fiscal policies in response to economic conditions.

Implications of High and Low Tax Revenue

The implications of high and low Tax Revenue (% of GDP) are profound, affecting economic stability and government capacity. High tax revenue, as seen in Denmark and Sweden with rates of 33.51% and 26.78%, respectively, supports extensive public services and welfare systems, contributing to social equity and economic resilience. Conversely, countries with low tax revenues, such as Myanmar and Micronesia, reporting 4.52% and 4.94%, may struggle to fund essential services, impacting development and growth. These disparities highlight the critical role of effective tax policies in fostering sustainable economic environments.

Frequently Asked Questions About Tax Revenue (% of GDP) in 2012

Which country had the highest tax revenue as a percentage of GDP in 2012?

Timor-Leste had the highest tax revenue as a percentage of GDP in 2012, with 148%.

Which country had the lowest tax revenue as a percentage of GDP in 2012?

The United Arab Emirates had the lowest tax revenue as a percentage of GDP in 2012, at 0.35%.

What was the average tax revenue as a percentage of GDP among countries in 2012?

The average tax revenue as a percentage of GDP among countries in 2012 was 17.57%.

What was the median tax revenue as a percentage of GDP in 2012?

The median tax revenue as a percentage of GDP in 2012 was 16.01%.

Which countries were in the top 3 for tax revenue as a percentage of GDP in 2012?

The top 3 countries for tax revenue as a percentage of GDP in 2012 were Timor-Leste (148%), Lesotho (38.08%), and China, Macao SAR (36.8%).

What was the range of tax revenue as a percentage of GDP in 2012?

The range of tax revenue as a percentage of GDP in 2012 was from 0.35% in the United Arab Emirates to 148% in Timor-Leste.

Insights by country

1

Kazakhstan

In 2012, Kazakhstan ranked #92 globally with a tax revenue of 13.3120981501594 % of GDP. This figure is notably lower than the average tax revenue in Central Asia, reflecting the region's economic challenges. The relatively low tax revenue can be attributed to Kazakhstan's reliance on natural resources, which often leads to fluctuations in revenue generation based on global commodity prices.

2

Albania

In 2012, Albania ranked #57 globally with a Tax Revenue (% of GDP) of 17.5879265953551 % of GDP. This figure is lower than the average for Eastern Europe, indicating challenges in tax collection and compliance. Contributing factors include a transition economy with ongoing reforms, a relatively large informal sector, and efforts to improve public administration and fiscal policy.

3

Lesotho

In 2012, Lesotho achieved a remarkable global rank of #2 for Tax Revenue (% of GDP) at 38.0837569930604 % of GDP. This figure significantly surpasses the average tax revenue of many African nations, reflecting Lesotho's strong fiscal policies. The high tax revenue can be attributed to the country’s reliance on remittances from Basotho working abroad and a relatively efficient tax collection system, which supports its public services and development projects.

4

Belgium

In 2012, Belgium ranked #13 globally with a Tax Revenue (% of GDP) of 25.7090042684997 % of GDP. This figure is notably higher than the European Union average, reflecting Belgium's robust tax system. Key drivers include a comprehensive welfare state and significant public investment, which necessitate higher tax revenues to support extensive social services and infrastructure projects.

5

Costa Rica

Costa Rica ranked #95 globally in 2012 with a tax revenue of 13.1052960487442% of GDP. This figure is notably lower than the average tax revenue percentage for Latin American countries, which typically hovers around 20%. The relatively low tax revenue can be attributed to Costa Rica's reliance on tourism and agriculture, which often generate less tax revenue compared to more industrialized economies.

6

Serbia

In 2012, Serbia ranked #54 globally with a tax revenue of 17.8145603317234 % of GDP. This figure is below the average tax revenue for countries in Europe, reflecting Serbia's ongoing economic challenges and transition from a socialist to a market-oriented economy. The relatively low tax revenue can be attributed to a combination of a large informal economy and tax compliance issues that have historically hindered revenue collection.

7

Chile

In 2012, Chile ranked #44 globally with a Tax Revenue (% of GDP) of 18.9910595532311 % of GDP. This figure is relatively higher than the regional average for Latin America, which often hovers around 15-17%. The robust tax revenue can be attributed to Chile's strong mining sector, particularly copper, which significantly contributes to government income, alongside a relatively stable economic environment and effective tax policies.

8

Israel

In 2012, Israel ranked #31 globally with a Tax Revenue (% of GDP) of 21.6388414511256 % of GDP. This figure is notably higher than the average tax revenue of many neighboring countries, reflecting Israel's robust economic framework. Key drivers include a diverse economy with strong high-tech and service sectors, alongside a commitment to public services and social welfare programs.

9

Saint Lucia

In 2012, Saint Lucia ranked #60 globally with a tax revenue of 17.1543882729725 % of GDP. This figure is relatively low compared to regional averages in the Caribbean, where many countries have higher tax revenue ratios due to diverse economies. The country's reliance on tourism as a primary economic driver, coupled with a small population and limited industrial base, contributes to its tax revenue challenges and overall economic structure.

10

Brazil

In 2012, Brazil ranked #83 globally with a Tax Revenue (% of GDP) of 14.3324110913977 % of GDP. This figure is notably lower than the average tax revenue in Latin America, indicating challenges in tax collection compared to regional peers. Factors contributing to Brazil's lower tax revenue include a complex tax system, significant informal economic activities, and ongoing efforts to reform tax policies to enhance compliance.

Data Source

Tax revenue (% of GDP), World Bank (WB)

Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Visit Data Source

Historical Data by Year

Explore Tax Revenue (% of GDP) data across different years. Compare trends and see how statistics have changed over time.

More Economy Facts