Tax Burden As % of GDP By Country January 2022

The Tax Burden % of GDP represents the percentage of a country's gross domestic product (GDP) that is accounted for by the overall tax burden. This measure provides insights into the level of taxation and the fiscal obligations faced by individuals and businesses. Monitoring this measure allows individuals to understand the role of taxation in public finances, economic incentives, and the overall business environment.

As of January 2020, France had the highest Tax Burden % of GDP, with a rate of 46.2%, followed closely by Denmark at 46% and Belgium at 44.6%. These countries had a significant portion of their GDP attributed to the overall tax burden. On the other hand, Saudi Arabia had a relatively lower tax burden, with a rate of 3.4%, and Iraq had a rate of 2%. Kuwait had the lowest tax burden among the listed countries, with a rate of 1.4%.

In January 2021, France maintained its first position with a Tax Burden % of GDP of 46.1%. Belgium and Denmark tied for the second position, both with a rate of 44.9%. Kuwait continued to have the lowest tax burden at 1.4%. Bahrain and the United Arab Emirates had rates of 1.1% and 0.1%, respectively.

By January 2022, Denmark took the lead with a Tax Burden % of GDP of 46.3%, followed by France at 45.4% and Belgium at 42.9%. Iraq and Kuwait maintained their rates at 1.4%, while the United Arab Emirates had a slight increase to 1%.

Monitoring the Tax Burden % of GDP provides insights into the level of taxation in different countries and its impact on the economy. It helps individuals understand the fiscal obligations faced by individuals and businesses and the implications for public finances, economic incentives, and the overall business environment.

Tax Burden As % of GDP By Country January 2022 (%, January 2022)

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January 2022

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Country

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The Heritage Foundation

Previous Records

January 2022

January 2021

January 2020

Rank	Country	%
1	Denmark	46.3
2	France	45.4
3	Belgium	42.9
3	Sweden	42.9
4	Italy	42.5
5	Austria	42.4
6	Finland	42.2
7	Cuba	42
8	Norway	39.9
9	Netherlands	39.3
10	Luxembourg	39.2
11	Germany	38.8
12	Greece	38.7
13	Montenegro	38.1
14	Slovenia	37.7
15	Micronesia	37.3
16	Algeria	37.2
17	Iceland	36.1
18	Hungary	35.8
19	Poland	35.4
20	Czech Republic	34.9
21	Portugal	34.8
22	Slovakia	34.7
22	Spain	34.7
23	Canada	33.5
24	Barbados	33.1
24	Brazil	33.1
24	Estonia	33.1
25	United Kingdom	32.7
26	Belize	32.4
26	Seychelles	32.4
27	New Zealand	32.3
28	Tunisia	32.1
29	Japan	32
30	Dominica	31.5
31	Latvia	31.2
32	Eritrea	30.5
32	Israel	30.5
33	Lithuania	30.3
34	South Africa	29.1
35	Uruguay	29
36	Australia	28.7
37	Argentina	28.6
37	Jamaica	28.6
38	Switzerland	28.5
39	Morocco	27.8
40	South Korea	27.4
41	Mozambique	27.1
42	Samoa	26.2
43	Nicaragua	25.9
44	Malta	25.5
45	Saint Vincent and the Grenadines	25.4
46	Kiribati	24.9
47	Bolivia	24.7
48	United States	24.5
49	Cyprus	24.2
50	Serbia	24.1
51	Brunei	24
52	Trinidad and Tobago	23.7
53	Costa Rica	23.6
54	Kosovo	23.4
55	Guyana	23.2
56	Turkey	23.1
57	Fiji	22.7
57	Ireland	22.7
58	Armenia	22.5
59	Croatia	22.2
59	Georgia	22.2
60	Nepal	22.1
61	Honduras	21.9
62	Djibouti	21.8
63	Solomon Islands	21.2
63	Cape Verde	21.2
64	Saint Lucia	21.1
65	Tonga	20.9
66	El Salvador	20.8
67	Chile	20.7
68	Mauritius	20.4
69	Bulgaria	20.3
70	Lesotho	20.2
71	Ecuador	20.1
71	Bosnia and Herzegovina	20.1
72	Colombia	19.7
73	Uzbekistan	19.6
74	Namibia	19.4
74	Togo	19.4
75	Ukraine	19.2
76	Mongolia	18.7
76	Bahamas	18.7
77	Malawi	18.3
77	Albania	18.3
78	Cambodia	18.2
79	Kyrgyzstan	17.9
80	Vanuatu	17.8
81	Maldives	17.5
82	Comoros	17.4
82	Kenya	17.4
83	Moldova	17.3
84	Eswatini	17.2
84	North Macedonia	17.2
85	Rwanda	17.1
86	Vietnam	16.9
87	Burkina Faso	16.8
88	Zambia	16.7
88	Venezuela	16.7
88	Egypt	16.7
89	Peru	16.6
90	Senegal	16.5
90	Mexico	16.5
91	Mauritania	16
92	Thailand	15.8
93	Turkmenistan	15.6
93	Guinea	15.6
94	Suriname	15.5
95	Benin	15.4
95	Bhutan	15.4
96	Lebanon	15.3
97	China	15.2
98	Kazakhstan	15.1
99	Jordan	14.8
100	Qatar	14.7
101	Cameroon	14.6
101	Romania	14.6
102	Sierra Leone	14.4
103	Azerbaijan	14.3
104	Panama	14.1
104	Ghana	14.1
104	Mali	14.1
105	Philippines	14
106	Paraguay	13.9
107	Dominican Republic	13.5
108	Belarus	13.3
108	Chad	13.3
109	Singapore	13.2
110	Ivory Coast	13.1
110	Guatemala	13.1
111	Burundi	12.9
112	Zimbabwe	12.6
113	Sao Tome and Principe	12.5
114	Botswana	12.1
115	Liberia	12
115	Malaysia	12
116	Papua New Guinea	11.8
116	Uganda	11.8
117	Tanzania	11.7
118	Gabon	11.5
119	Pakistan	11.4
119	Laos	11.4
119	Madagascar	11.4
120	Niger	11.1
121	Russia	11
122	Gambia	10.8
123	Indonesia	9.5
123	Guinea-Bissau	9.5
124	Angola	9.4
125	Taiwan	9
125	Tajikistan	9
126	Central African Republic	8.6
127	Republic of the Congo	8.5
128	Iran	8.4
129	Sri Lanka	8.1
130	Sudan	7.8
131	Bangladesh	7.7
132	Afghanistan	7.5
132	DR Congo	7.5
133	Haiti	7.4
133	Saudi Arabia	7.4
134	India	6.8
135	Ethiopia	6.7
136	Equatorial Guinea	6.3
136	Nigeria	6.3
136	Timor-Leste	6.3
137	Myanmar	5.9
138	Bahrain	3
139	Oman	2.6
140	Iraq	1.4
140	Kuwait	1.4
141	United Arab Emirates	1