Global ranking · 45 economies · World Bank data
Tax Revenue by Country 2026
Tax Revenue by Country 2026: 45 economies ranked by tax revenue (% of GDP), with nominal & PPP figures, 10-year trends, regional breakdowns, charts and a downloadable dataset. Denmark leads at 33.4%; Sweden ranks 4th of 45 at 27.2% (2024). Source: World Bank. Free to cite.
Executive summary
This index ranks 45 of the world's largest economies by tax revenue (% of GDP), using World Bank Open Data for cross-country comparability, and goes beyond a single snapshot: it shows the nominal figure, a ten-year history, a regional breakdown and the biggest movers. Denmark leads at 33.4% (2024); United Arab Emirates is lowest among those ranked at 0.6%. Sweden ranks 4th of 45 at 27.2% (2024). As reference points, the EU stands at 19.9%, the OECD at 15.7% and the world at 13.8%. Every figure carries its World Bank series and reference year, and the complete dataset is free to download as CSV and JSON under a CC BY 4.0 licence.
Key findings
Denmark tops the ranking
Denmark has the highest tax revenue (% of GDP) among the 45 economies in this index at 33.4% (2024).
Source: World Bank Open Data · 2024 · confidence: High
Where Sweden ranks
Sweden ranks 4th of 45 at 27.2% (2024), above the OECD reference of 15.7%.
Source: World Bank Open Data · 2024 · confidence: High
Top five
The five highest by tax revenue (% of GDP) are Denmark (33.4%), New Zealand (29.5%), Greece (27.4%), Sweden (27.2%), United Kingdom (26.9%).
Source: World Bank Open Data · 2024 · confidence: High
Data vintage — July 2026
Figures reflect the most recent year available in the World Bank Open Data API for each economy (shown next to every value). This index of tax revenue as a share of GDP by country regenerates automatically as new data is published.
Overview
Tax revenue as a share of GDP measures the size of the state's take from the economy. This index ranks countries by central-government tax revenue relative to GDP (World Bank, compiled from IMF and national accounts).
The spread reflects fundamentally different social contracts: high-tax European welfare states at one end, lower-tax economies that provide fewer public services (or fund them from other sources, such as resource revenue) at the other.
What drives the ranking
Tax-to-GDP is driven by the breadth of the tax base, VAT and income-tax rates, compliance, and the size of the informal economy. It shapes fiscal capacity and the room for public investment.
Sweden is a classic high-tax, high-service economy; its position here frames much of the tax and business-cost analysis Affärslivet publishes.
How it has changed over time
The chart tracks tax revenue (% of GDP) for Denmark (the current leader) against Sweden over the past decade; the table below shows the top economies year by year.
| Country | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Denmark | 33.3% | 32.4% | 35.0% | 34.5% | 35.2% | 30.7% | 32.0% | 33.4% |
| New Zealand | 27.3% | 27.5% | 28.3% | 27.3% | 29.0% | 29.2% | 28.1% | 29.5% |
| Greece | 26.7% | 27.1% | 25.9% | 25.0% | 25.3% | 27.5% | 26.5% | 27.4% |
| Sweden | 28.6% | 28.3% | 27.7% | 27.0% | 28.0% | 28.2% | 27.4% | 27.2% |
| United Kingdom | 25.4% | 25.3% | 24.9% | 24.5% | 26.0% | 26.6% | 26.9% | 26.9% |
| South Africa | 24.8% | 24.9% | 24.9% | 23.3% | 26.0% | 26.0% | 25.4% | 25.9% |
| Austria | 25.8% | 25.7% | 25.8% | 24.7% | 26.0% | 26.1% | 25.6% | 25.8% |
| Italy | 24.7% | 24.2% | 24.7% | 24.8% | 24.9% | 24.6% | 24.7% | 25.6% |
By region
Median tax revenue (% of GDP) by world region among the ranked economies. Regional medians reveal patterns the country ranking alone can hide.
| Region | Economies | Median | Highest | Lowest |
|---|---|---|---|---|
| Europe | 23 | 22.8% | 33.4% | 9.5% |
| Asia-Pacific | 9 | 13.6% | 29.5% | 6.9% |
| Americas | 7 | 14.8% | 18.3% | 10.4% |
| Middle East & Africa | 6 | 15.1% | 25.9% | 0.6% |
Biggest movers
The largest changes in tax revenue (% of GDP) over the available window — where the action has been.
| Country | Change | Δ | Period |
|---|---|---|---|
| Finland | 20.8% → 25.3% | +4.5% | 2019–2024 |
| India | 10.0% → 6.9% | -3.1% | 2014–2022 |
| Norway | 22.4% → 24.5% | +2.1% | 2019–2024 |
| Mexico | 12.8% → 14.8% | +2.0% | 2019–2024 |
| United Kingdom | 24.9% → 26.9% | +2.0% | 2019–2024 |
| France | 24.7% → 22.8% | -1.9% | 2019–2024 |
| Ukraine | 19.2% → 21.0% | +1.8% | 2019–2024 |
| Brazil | 13.7% → 15.4% | +1.7% | 2019–2024 |
Full ranking — 45 economies
Complete ranking by tax revenue (% of GDP), most recent World Bank data, with world region. Region aggregates (EU, OECD, World) appear in the At-a-glance box as reference points.
| # | Country | Tax Revenue (% Of Gdp) | Region | Year |
|---|---|---|---|---|
| 1 | Denmark | 33.4% | Europe | 2024 |
| 2 | New Zealand | 29.5% | Asia-Pacific | 2024 |
| 3 | Greece | 27.4% | Europe | 2024 |
| 4 | Sweden | 27.2% | Europe | 2024 |
| 5 | United Kingdom | 26.9% | Europe | 2024 |
| 6 | South Africa | 25.9% | Middle East & Africa | 2024 |
| 7 | Austria | 25.8% | Europe | 2024 |
| 8 | Italy | 25.6% | Europe | 2024 |
| 9 | Finland | 25.3% | Europe | 2024 |
| 10 | Netherlands | 25.3% | Europe | 2024 |
| 11 | Norway | 24.5% | Europe | 2024 |
| 12 | Australia | 23.6% | Asia-Pacific | 2022 |
| 13 | Israel | 23.2% | Middle East & Africa | 2024 |
| 14 | Iceland | 23.2% | Europe | 2023 |
| 15 | Belgium | 23.0% | Europe | 2024 |
| 16 | France | 22.8% | Europe | 2024 |
| 17 | Hungary | 22.7% | Europe | 2024 |
| 18 | Portugal | 22.3% | Europe | 2024 |
| 19 | Ukraine | 21.0% | Europe | 2024 |
| 20 | Czechia | 18.6% | Europe | 2024 |
| 21 | Chile | 18.3% | Americas | 2024 |
| 22 | Poland | 18.0% | Europe | 2023 |
| 23 | Ireland | 17.9% | Europe | 2024 |
| 24 | Turkiye | 17.6% | Middle East & Africa | 2024 |
| 25 | Romania | 16.2% | Europe | 2024 |
| 26 | Brazil | 15.4% | Americas | 2024 |
| 27 | Colombia | 15.2% | Americas | 2024 |
| 28 | Thailand | 15.2% | Asia-Pacific | 2024 |
| 29 | Spain | 14.9% | Europe | 2024 |
| 30 | Mexico | 14.8% | Americas | 2024 |
| 31 | Philippines | 14.4% | Asia-Pacific | 2024 |
| 32 | Canada | 13.7% | Americas | 2024 |
| 33 | Singapore | 13.6% | Asia-Pacific | 2024 |
| 34 | South Korea | 13.3% | Asia-Pacific | 2024 |
| 35 | Egypt | 12.5% | Middle East & Africa | 2015 |
| 36 | Malaysia | 12.4% | Asia-Pacific | 2024 |
| 37 | Germany | 10.9% | Europe | 2024 |
| 38 | Russia | 10.9% | Europe | 2024 |
| 39 | United States | 10.8% | Americas | 2024 |
| 40 | Argentina | 10.4% | Americas | 2024 |
| 41 | Switzerland | 9.5% | Europe | 2024 |
| 42 | Saudi Arabia | 8.1% | Middle East & Africa | 2024 |
| 43 | China | 7.0% | Asia-Pacific | 2024 |
| 44 | India | 6.9% | Asia-Pacific | 2022 |
| 45 | United Arab Emirates | 0.6% | Middle East & Africa | 2024 |
Scoreboard (machine-readable data)
Every headline indicator with its value, period, source and confidence. Free to reuse under CC BY 4.0.
| Indicator | Value | Period | Source | Conf. |
|---|---|---|---|---|
| Denmark | 33.36 % | 2024 | World Bank Open Data | High |
| New Zealand | 29.52 % | 2024 | World Bank Open Data | High |
| Greece | 27.38 % | 2024 | World Bank Open Data | High |
| Sweden | 27.23 % | 2024 | World Bank Open Data | High |
| United Kingdom | 26.89 % | 2024 | World Bank Open Data | High |
| South Africa | 25.88 % | 2024 | World Bank Open Data | High |
| Austria | 25.78 % | 2024 | World Bank Open Data | High |
| Italy | 25.6 % | 2024 | World Bank Open Data | High |
| Finland | 25.33 % | 2024 | World Bank Open Data | High |
| Netherlands | 25.28 % | 2024 | World Bank Open Data | High |
| Norway | 24.54 % | 2024 | World Bank Open Data | High |
| Australia | 23.56 % | 2022 | World Bank Open Data | High |
| Israel | 23.24 % | 2024 | World Bank Open Data | High |
| Iceland | 23.16 % | 2023 | World Bank Open Data | High |
| Belgium | 22.96 % | 2024 | World Bank Open Data | High |
| France | 22.78 % | 2024 | World Bank Open Data | High |
| Hungary | 22.74 % | 2024 | World Bank Open Data | High |
| Portugal | 22.35 % | 2024 | World Bank Open Data | High |
| Ukraine | 21.02 % | 2024 | World Bank Open Data | High |
| Czechia | 18.65 % | 2024 | World Bank Open Data | High |
| Chile | 18.26 % | 2024 | World Bank Open Data | High |
| Poland | 18 % | 2023 | World Bank Open Data | High |
| Ireland | 17.94 % | 2024 | World Bank Open Data | High |
| Turkiye | 17.62 % | 2024 | World Bank Open Data | High |
| Romania | 16.21 % | 2024 | World Bank Open Data | High |
| Brazil | 15.41 % | 2024 | World Bank Open Data | High |
| Colombia | 15.22 % | 2024 | World Bank Open Data | High |
| Thailand | 15.18 % | 2024 | World Bank Open Data | High |
| Spain | 14.93 % | 2024 | World Bank Open Data | High |
| Mexico | 14.82 % | 2024 | World Bank Open Data | High |
| Philippines | 14.37 % | 2024 | World Bank Open Data | High |
| Canada | 13.71 % | 2024 | World Bank Open Data | High |
| Singapore | 13.56 % | 2024 | World Bank Open Data | High |
| South Korea | 13.29 % | 2024 | World Bank Open Data | High |
| Egypt | 12.52 % | 2015 | World Bank Open Data | High |
| Malaysia | 12.43 % | 2024 | World Bank Open Data | High |
| Germany | 10.89 % | 2024 | World Bank Open Data | High |
| Russia | 10.87 % | 2024 | World Bank Open Data | High |
| United States | 10.77 % | 2024 | World Bank Open Data | High |
| Argentina | 10.43 % | 2024 | World Bank Open Data | High |
| Switzerland | 9.45 % | 2024 | World Bank Open Data | High |
| Saudi Arabia | 8.09 % | 2024 | World Bank Open Data | High |
| China | 7.02 % | 2024 | World Bank Open Data | High |
| India | 6.93 % | 2022 | World Bank Open Data | High |
| United Arab Emirates | 0.65 % | 2024 | World Bank Open Data | High |
Methodology & verification
Economies are ranked by tax revenue (% of GDP) using the World Bank Open Data API, which harmonises national statistics for cross-country comparison. Each value is the most recent year available for that economy, shown alongside the figure; the trend table uses each economy's reported history. Economies with no reported value are omitted rather than estimated. Region aggregates (EU, euro area, OECD, World) are reference points, not ranked. This series often captures central-government tax only and can exclude social contributions and local taxes, so it understates the total tax burden in federal or decentralised systems. Confidence: High (official multilateral source).
Data dictionary
| Field | Type | Description |
|---|---|---|
| metric | string | World Bank indicator code : country ISO3 |
| label | string | Country name |
| value | number | tax revenue (% of GDP) value |
| unit | string | % |
| period | string | Reference year |
| geography | string | Country |
| source_url | string | World Bank indicator page |
Frequently asked questions
Which country has the highest tax revenue (% of GDP)?
Denmark, at 33.4% (2024). Source: World Bank Open Data.
Where does Sweden rank by tax revenue (% of GDP)?
Sweden ranks 4th of 45 at 27.2% (2024). Source: World Bank.
What are the top five by tax revenue (% of GDP)?
Denmark (33.4%), New Zealand (29.5%), Greece (27.4%), Sweden (27.2%), United Kingdom (26.9%). Source: World Bank.
How is tax revenue (% of GDP) defined?
Tax revenue (% of GDP), as reported by the World Bank. See the methodology and glossary for details.
How many economies are ranked?
45 of the world's largest economies, plus the EU, OECD and World aggregates as reference points.
What is the caveat with this metric?
This series often captures central-government tax only and can exclude social contributions and local taxes, so it understates the total tax burden in federal or decentralised systems.
Where does the data come from?
The World Bank Open Data API, which harmonises national statistics for cross-country comparison. Every figure shows its reference year and links to its World Bank indicator page.
How current is it, and how often does it update?
Each figure is the latest year the World Bank reports for that economy. The index regenerates automatically as new data is released.
Can I download this ranking?
Yes — the full ranking is available as CSV and JSON under a CC BY 4.0 licence, free to reuse with attribution to Affärslivet.
Glossary
- Tax Revenue (% Of Gdp)
- Tax revenue (% of GDP) — as reported by the World Bank. ↗
- World Bank Open Data
- A free, authoritative database of harmonised economic indicators for every country. ↗
- Purchasing-power parity (PPP)
- A conversion that equalises the price of a comparable basket of goods across countries, so output and incomes can be compared in real terms rather than at market exchange rates. ↗
- Nominal (current US$)
- A value converted at prevailing market exchange rates and not adjusted for differences in price levels. ↗
- GNI per capita
- Gross national income per person — like GDP per capita but including net income earned abroad; useful where cross-border corporate flows are large. ↗
- Reference year
- The year a figure applies to; it can differ across countries because national statistics are published on different schedules. ↗
- Region aggregate
- A World Bank grouping (e.g. European Union, OECD, World) whose value is a weighted regional total or average, shown here for reference rather than ranked. ↗
How to cite this report
APA
Affärslivet Research. (2026). Tax Revenue by Country 2026. Affärslivet. Version 1.1. https://xn--affrslivet-s5a.com/en/reports/tax-revenue-by-country
MLA
Affärslivet Research. "Tax Revenue by Country 2026." Affärslivet, 2026-07-01, https://xn--affrslivet-s5a.com/en/reports/tax-revenue-by-country.
BibTeX
@techreport{affarslivet_tax_revenue_by_country,
title = {Tax Revenue by Country 2026},
author = {{Affärslivet Research}},
year = {2026},
note = {Version 1.1},
url = {https://xn--affrslivet-s5a.com/en/reports/tax-revenue-by-country}
}