In 2021, OECD countries’ average tax-to-GDP ratio rose for a second consecutive year, increasing by 0.6 percentage points from 2020 to 32.1%. This was the largest increase in tax-to-GDP across ...

Tax-to-GDP ratio has seen a slight decline across the EU in 2023. However, trends varied significantly amongst different countries. Fact-checking Trump's speech to Congress Oscars host Conan O ...

Finance Minister Enoch Godongwana avoided raising the personal income tax rate in his 2025 budget. Personal income tax ...

A proposed 3.5% tax on remittances from the United States could cost some Latin American countries up to half a percentage ...

These figures, as curated by the World Population Review for 2023, represent the highest possible tax rates, reflecting the top limits of personal income tax that individuals in these countries ...

there’s a noticeable contrast across the globe—some countries have relatively low tax rates, while others impose hefty ones. Some countries with the highest taxes record a whopping number exceeding 50 ...

Rates around the world range from 0% to as high as 50%. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech and strategic finance in top universities.

However, some countries are leading the way with the highest tax rates in the world, particularly in marginal tax. As quoted from Investopedia, a marginal tax rate can be defined as the tax percentage ...

In this article, we will look at 25 countries with highest tax-to-GDP ratio in the world. If you want to skip our detailed analysis, head straight to 5 Countries with Highest Tax-to-GDP Ratio in ...

Tax-to-GDP ratio is the weight of taxes and net social contributions on a country's gross domestic product. France saw the highest ratio (45.6%), followed by Belgium (44.8%) and Denmark (44.1% ...

Welfare states usually have high income tax rates as they use the taxpayer's money for social development in the country. Most of the countries with the highest tax-to-GDP ratio are the countries with ...