The U.S. remains an extraordinarily lightly taxed rich country: Total government revenue as a percent of GDP across the 20 richest OECD nations
Country | Total government revenue as % of GDP |
---|---|
France | 53.68729% |
Finland | 53.37975 |
Denmark | 52.60747 |
Belgium | 51.30097 |
Sweden | 50.8558 |
Austria | 48.41568 |
Italy | 46.52186 |
Germany | 44.97083 |
Luxembourg | 44.40726 |
Iceland | 43.81241 |
Netherlands | 43.71818 |
Slovenia | 43.18551 |
Non-U.S. average | 42.35749 |
Canada | 40.68857 |
UK | 39.11596 |
Spain | 37.91613 |
Australia | 35.87092 |
Japan | 35.78119 |
Switzerland | 35.42836 |
U.S. | 33.80197 |
Ireland | 26.022 |
Source: Organisation for Economic Co-operation and Development, Stats.OECD.org database, “Public Sector, Taxation and Regulation” tab, accessed July 2019