Tax Burden Index By Country January 2023

The Tax Burden Index evaluates the overall tax burden on individuals and businesses, taking into account factors such as income taxes, corporate taxes, and consumption taxes. This index provides insights into the tax environment and its implications for economic activity, investment decisions, and income distribution. Monitoring this index allows individuals to understand the relative tax burdens faced by different countries and their impact on economic performance.

As of January 2020, Qatar and Saudi Arabia ranked first and second, both with a Tax Burden Index of 99.8. Bahrain followed closely in third place with a score of 99.4. These countries exhibited high tax burdens on individuals and businesses. In terms of the lowest tax burden, Sweden had a Tax Burden Index of 43.6, Denmark scored 42, and North Korea had a score of 0.

In January 2021, Bahrain and the United Arab Emirates tied for first place with a Tax Burden Index of 100. Saudi Arabia ranked third with a score of 99.1. Denmark and Sweden maintained similar scores, with Denmark at 43.7 and Sweden at 43.6. North Korea still had a Tax Burden Index of 0, indicating a minimal tax burden.

By January 2022, the United Arab Emirates and Bahrain continued to hold the top positions with scores of 100 and 99.9, respectively. Saudi Arabia ranked third with a score of 99.3. Chad emerged in the rankings with a Tax Burden Index of 44.6. Denmark and Sweden had scores of 42.3 and 45.1, respectively, while North Korea remained at 0.

In January 2023, the United Arab Emirates and Bahrain maintained their top positions, with scores of 100 and 99.9, respectively. Qatar ranked third with a score of 99.7. Sweden had a Tax Burden Index of 45.1, Denmark scored 42.1, and North Korea remained at 0.

Monitoring the Tax Burden Index helps individuals understand the relative tax burdens faced by different countries and their implications for economic performance. It provides insights into the tax policies of nations and their impact on businesses, investment decisions, and income distribution.

Tax Burden Index By Country January 2023 (Index, January 2023)

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Latest Data

January 2023

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Segment

Country

Publisher

The Heritage Foundation

Previous Records

Rank	Country	Index
1	United Arab Emirates	100
2	Bahrain	99.9
3	Qatar	99.7
4	Saudi Arabia	99.4
5	Vanuatu	98
6	Kuwait	97.7
7	Oman	97.6
8	Timor-Leste	97.5
9	Bahamas	96.5
10	Brunei	96.3
11	Paraguay	96.2
12	North Macedonia	95
12	Kyrgyzstan	95
13	Romania	94.4
14	Turkmenistan	94.3
15	Bulgaria	93.7
16	Moldova	93.4
17	Bosnia and Herzegovina	93.2
18	Kosovo	93.1
19	Kazakhstan	93
20	Uzbekistan	92.8
21	Tajikistan	92
22	Maldives	91.9
23	Guatemala	91.7
24	Mauritius	91
24	Micronesia	91
25	Madagascar	90.7
26	Singapore	90.6
27	Sri Lanka	90.3
28	Belarus	89.9
29	Lebanon	89.7
30	Fiji	89.3
31	Guinea-Bissau	89.1
31	Albania	89.1
31	Georgia	89.1
32	Laos	89
33	Myanmar	88.5
34	Russia	88.3
35	Montenegro	88.2
35	Mongolia	88.2
36	Sao Tome and Principe	88
37	Cambodia	87.9
37	Serbia	87.9
38	Armenia	87.5
39	Botswana	87.3
39	Azerbaijan	87.3
40	Sierra Leone	87.2
41	Bolivia	87.1
42	Egypt	86.7
43	Angola	86.5
44	Liberia	86.1
45	Panama	85.6
46	Tonga	85.4
47	Sudan	85.2
48	Nepal	85
49	Dominican Republic	84.9
49	Nigeria	84.9
50	Jordan	84.7
51	Hungary	84.2
52	Bhutan	84
53	Malaysia	83.9
54	Honduras	83.8
55	Djibouti	83.6
56	Cape Verde	83.2
57	Ghana	82.9
58	Bangladesh	82.1
59	Indonesia	81.9
60	Haiti	81.7
61	Burkina Faso	81.5
62	Croatia	81.1
62	Iran	81.1
63	Thailand	81
64	Cyprus	80.8
65	Belize	80.7
66	Tanzania	80.6
67	Eritrea	80.3
67	Trinidad and Tobago	80.3
68	Estonia	80.1
69	Peru	80
70	Jamaica	79.8
71	Costa Rica	79.5
72	Taiwan	79.3
72	Gambia	79.3
72	Czech Republic	79.3
73	Samoa	79.2
73	Barbados	79.2
74	Ivory Coast	79
74	Kenya	79
75	Rwanda	78.9
76	Vietnam	78.6
77	India	78.5
78	Ireland	78.4
79	Pakistan	78.3
79	Philippines	78.3
80	Eswatini	78.2
81	Chad	78.1
82	Ethiopia	77.9
83	Saint Lucia	77.8
84	Lithuania	77.7
84	Niger	77.7
85	Lesotho	77.3
85	Gabon	77.3
85	Slovakia	77.3
86	El Salvador	77.2
87	Dominica	76.4
88	Latvia	76.2
89	Burundi	76
90	Mauritania	75.8
91	Nicaragua	75.6
92	Republic of the Congo	75.5
92	Mexico	75.5
92	Saint Vincent and the Grenadines	75.5
93	United States	75.4
94	Mozambique	75.3
95	Seychelles	75.1
96	Canada	75
97	Ecuador	74.8
97	Venezuela	74.8
97	Zambia	74.8
98	Equatorial Guinea	74.5
99	DR Congo	74.4
100	Tunisia	73.7
100	Uruguay	73.7
101	Uganda	73.5
102	Guyana	73.2
102	Poland	73.2
103	Chile	73
103	Turkey	73
104	Iceland	72.9
105	Cameroon	72.3
106	Papua New Guinea	72
106	Namibia	72
107	Algeria	71.9
108	Malawi	71.6
109	Solomon Islands	71.5
110	Brazil	70.9
111	Suriname	70.8
112	Switzerland	70.6
113	Togo	70.2
114	Guinea	70.1
115	Malta	69.9
116	Senegal	69.8
117	Benin	69.6
118	China	69.5
118	Kiribati	69.5
119	Colombia	69
120	Mali	68.9
121	Finland	68.7
122	Japan	68.1
123	Morocco	67.9
124	Argentina	66.9
125	New Zealand	66.6
126	Zimbabwe	65.8
127	South Africa	65.6
128	Central African Republic	65.4
128	Comoros	65.4
128	United Kingdom	65.4
129	Luxembourg	64.8
130	Australia	63.1
131	Slovenia	62.6
132	Israel	60.9
133	Greece	60.8
134	Portugal	60.5
135	Germany	60.2
136	South Korea	60.1
137	Spain	58.2
138	Norway	57.4
139	Italy	57.3
140	France	52.9
141	Cuba	51.9
142	Netherlands	51
143	Belgium	50.2
144	Austria	45.7
145	Sweden	45.1
146	Denmark	42.1
147	North Korea	0