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Country vs country: Switzerland and United States compared: Economy > Tax stats

Definitions

  • Components of taxation > Property tax: Property tax as a percentage of total tax collected by the country. Data is for 2000.
  • GDP > Constant LCU: GDP (constant LCU). GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • GDP > Current LCU: GDP (current LCU). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.
  • GDP > Current US$ per capita: GDP (current US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Figures expressed per capita for the same year.
  • GDP per capita > Constant LCU: GDP per capita (constant LCU). GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • GDP per capita > Current LCU: GDP per capita (current LCU). GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.
  • Highest marginal tax rate > Corporate rate: Highest marginal tax rate (corporate rate) is the highest rate shown on the schedule of tax rates applied to the taxable income of corporations.
  • Highest marginal tax rate > Individual > On income exceeding > US$: Highest marginal tax rate (individual rate) is the highest rate shown on the schedule of tax rates applied to the taxable income of individuals. This series presents the income levels for individuals above which the highest marginal tax rates levied at the national level apply.
  • Highest marginal tax rate > Individual rate: Highest marginal tax rate (individual rate) is the highest rate shown on the schedule of tax rates applied to the taxable income of individuals.
  • Social security contributions: Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments."
  • Tax payments > Number: Tax payments (number). Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent.
  • Tax rates: Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here."
  • Taxes on income, profits and capital gains > Current LCU: Taxes on income, profits and capital gains (current LCU). Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • Taxes on international trade > Current LCU: Taxes on international trade (current LCU). Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes.
  • Total tax wedge > Single worker: The percentage of gross earnings given up in tax, including any social security contributions. Calculated for a single worker without children, earning 100 % of the average wage. Data for 2001, and only for selected OECD countries.
  • Taxes on income, profits and capital gains > Current LCU per capita: Taxes on income, profits and capital gains (current LCU). Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation. Figures expressed per capita for the same year.
  • Components of taxation > Social security > Contribution by employer: Tax on employer's contribution of social security as a percentage of total tax collected by the country. Data is for 2002.
  • Components of taxation > Personal income tax: Personal Income tax as a percentage of total tax collected by the country. Data is for 2002.
  • GDP > Current LCU per capita: GDP (current LCU). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency. Figures expressed per capita for the same year.
  • GDP > Constant LCU per capita: GDP (constant LCU). GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency. Figures expressed per capita for the same year.
  • Tax payments > Number > Per capita: Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent." Per capita figures expressed per 1 million population.
  • Revenue > Excluding grants > Current LCU: Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here."
  • Components of taxation > Goods and service tax: Goods and service tax as a percentage of total tax collected by the country. Data is for 2002.
  • Components of taxation > Social security > Employees contribution: Tax on employee's contribution of social security as a percentage of total tax collected by the country. Data is for 2002.
  • Time to prepare and pay taxes > Hours: Time to prepare and pay taxes is the time, in hours per year, it takes to prepare, file, and pay (or withhold) three major types of taxes: the corporate income tax, the value added or sales tax, and labor taxes, including payroll taxes and social security contributions."
  • Taxes on goods and services > Current LCU: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies."
  • Grants and other revenue > Current LCU: Grants and other revenue include grants from other foreign governments, international organisations, and other government units; interest; dividends; rent; requited, nonrepayable receipts for public purposes (such as fines, administrative fees, and entrepreneurial income from government owner\xADship of property); and voluntary, unrequited, nonrepayable receipts other than grants."
  • Net taxes on products > Current LCU: Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current local currency.
  • Components of taxation > Corporate income tax: Corporate Income tax as a percentage of total tax collected by the country. Data is for 2002.
  • Taxes on international trade > Current LCU per capita: Taxes on international trade (current LCU). Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes. Figures expressed per capita for the same year.
  • Tax payments > Number per million: Tax payments (number). Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent. Figures expressed per million population for the same year.
  • Net taxes on products > Current US$ > Per capita: Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current U.S. dollars. Per capita figures expressed per 1,000 population.
  • Customs and other import duties > % of tax revenue: Customs and other import duties are all levies collected on goods that are entering the country or services delivered by nonresidents to residents. They include levies imposed for revenue or protection purposes and determined on a specific or ad valorem basis as long as they are restricted to imported goods or services.
  • Grants and other revenue > % of revenue: Grants and other revenue include grants from other foreign governments, international organisations, and other government units; interest; dividends; rent; requited, nonrepayable receipts for public purposes (such as fines, administrative fees, and entrepreneurial income from government owner\xADship of property); and voluntary, unrequited, nonrepayable receipts other than grants."
  • Customs and other import duties > Current LCU: Customs and other import duties are all levies collected on goods that are entering the country or services delivered by nonresidents to residents. They include levies imposed for revenue or protection purposes and determined on a specific or ad valorem basis as long as they are restricted to imported goods or services.
  • Other taxes > Current LCU: Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes."
  • Social security contributions > Current LCU: Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments."
  • Tax revenue > % of GDP: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue."
  • Tax revenue > Current LCU: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue."
  • Taxes on goods and services > % of revenue: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies."
  • Taxes on income > Profits and capital gains > Current LCU: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
  • Taxes on income > Profits and capital gains including income tax > % of revenue: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
  • Taxes on international trade > % of revenue: Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes."
  • Taxes on income > Profits and capital gains > % of revenue: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • GDP > Current US$, % of GDP: GDP (current US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Figures expressed as a proportion of GDP for the same year
  • GNI > Constant 2000 US$ per capita: GNI (constant 2000 US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
  • GNI > Constant 2000 US$, % of GDP: GNI (constant 2000 US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2005 U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Social contributions > % of revenue: Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments.
  • Taxes on income > Profits and capital gains > % of total taxes: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • Taxes on goods and services > % value added of industry and services: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.
  • Net taxes on products > Current US$: Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current U.S. dollars.
  • Revenue, excluding grants > % of GDP: Revenue, excluding grants (% of GDP). Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here.
  • Other taxes > % of revenue: Other taxes (% of revenue). Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes.
  • Taxes on income, profits and capital gains > % of total taxes: Taxes on income, profits and capital gains (% of total taxes). Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • Taxes on income, profits and capital gains > % of revenue: Taxes on income, profits and capital gains (% of revenue). Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • Labor tax and contributions > % of commercial profits: Labor tax and contributions (% of commercial profits). Labor tax and contributions is the amount of taxes and mandatory contributions on labor paid by the business.
  • Other taxes payable by businesses > % of commercial profits: Other taxes payable by businesses (% of commercial profits). Other taxes payable by businesses include the amounts paid for property taxes, turnover taxes, and other small taxes such as municipal fees and vehicle and fuel taxes.
  • Profit tax > % of commercial profits: Profit tax (% of commercial profits). Profit tax is the amount of taxes on profits paid by the business.
  • Total tax rate > % of commercial profits: Total tax rate (% of commercial profits). Total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits. Taxes withheld (such as personal income tax) or collected and remitted to tax authorities (such as value added taxes, sales taxes or goods and service taxes) are excluded.
  • GDP > Current US$: GDP (current US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
  • GDP growth > Annual %: GDP growth (annual %). Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2005 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
  • Total tax rate > % of profit: Total tax rate is the total amount of taxes payable by businesses (except for labor taxes) after accounting for deductions and exemptions as a percentage of profit.
  • GNI per capita, Atlas method > Current US$: GNI per capita, Atlas method (current US$). GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.
  • Net taxes on products > Current US$ per capita: Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Taxes on goods and services including sales tax > % value added of industry and services: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies."
  • Taxes on income > Profits and capital gains including income tax > % of total taxes: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
  • Total tax wedge > Single-income family: The percentage of gross earnings given up in tax, including any social security contributions. Calculated for a married couple with two children, earning 100% of the average wage. Data for 2001. Selected OECD countries only.
  • GNI > Constant 2000 US$: GNI (constant 2000 US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2005 U.S. dollars.
  • Net taxes on products > Current US$ > Per $ GDP: Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 billion $ gross domestic product.
  • Social contributions > Current LCU: Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments.
STAT Switzerland United States HISTORY
Components of taxation > Property tax 8.1%
Ranked 6th.
10.1%
Ranked 3rd. 25% more than Switzerland
GDP > Constant LCU 547.62 billion
Ranked 85th.
14.23 trillion
Ranked 18th. 26 times more than Switzerland

GDP > Current LCU 591.85 billion
Ranked 96th.
16.24 trillion
Ranked 28th. 27 times more than Switzerland

GDP > Current US$ per capita $78,924.73
Ranked 4th. 53% more than United States
$51,748.56
Ranked 10th.

GDP per capita > Constant LCU 68,477.31
Ranked 71st. 51% more than United States
45,335.9
Ranked 81st.

GDP per capita > Current LCU 74,007.72
Ranked 86th. 43% more than United States
51,748.56
Ranked 98th.

Highest marginal tax rate > Corporate rate 21.17%
Ranked 76th.
40%
Ranked 4th. 89% more than Switzerland

Highest marginal tax rate > Individual > On income exceeding > US$ $630,312.00
Ranked 1st. 69% more than United States
$372,950.00
Ranked 2nd.

Highest marginal tax rate > Individual rate 40%
Ranked 19th. 14% more than United States
35%
Ranked 35th.

Social security contributions 36.14%
Ranked 10th.
41.64%
Ranked 1st. 15% more than Switzerland

Tax payments > Number 19
Ranked 115th. 73% more than United States
11
Ranked 139th.

Tax rates 17.96
Ranked 79th. 13% more than United States
15.91
Ranked 3rd.

Taxes on income, profits and capital gains > Current LCU 24.23 billion
Ranked 70th.
1.4 trillion
Ranked 15th. 58 times more than Switzerland

Taxes on international trade > Current LCU 6.24 billion
Ranked 50th.
31.87 billion
Ranked 32nd. 5 times more than Switzerland

Total tax wedge > Single worker 29.5%
Ranked 23th.
30%
Ranked 21st. 2% more than Switzerland
Taxes on income, profits and capital gains > Current LCU per capita 3,167.74
Ranked 68th.
4,477.99
Ranked 46th. 41% more than Switzerland

Components of taxation > Social security > Contribution by employer 11.8%
Ranked 17th.
13%
Ranked 15th. 10% more than Switzerland
Components of taxation > Personal income tax 34.4%
Ranked 7th.
37.7%
Ranked 5th. 10% more than Switzerland
GDP > Current LCU per capita 74,007.72
Ranked 86th. 43% more than United States
51,748.56
Ranked 98th.

GDP > Constant LCU per capita 68,477.31
Ranked 71st. 51% more than United States
45,335.9
Ranked 81st.

Tax payments > Number > Per capita 2.51 per 1 million people
Ranked 105th. 76 times more than United States
0.033 per 1 million people
Ranked 170th.

Revenue > Excluding grants > Current LCU 93.56 billion
Ranked 58th.
2.27 trillion
Ranked 1st. 24 times more than Switzerland

Components of taxation > Goods and service tax 22.6%
Ranked 28th. 28% more than United States
17.6%
Ranked 30th.
Components of taxation > Social security > Employees contribution 12%
Ranked 9th. 3% more than United States
11.7%
Ranked 10th.
Time to prepare and pay taxes > Hours 63
Ranked 165th.
187
Ranked 112th. 3 times more than Switzerland

Taxes on goods and services > Current LCU 30.61 billion
Ranked 58th.
72.54 billion
Ranked 1st. 2 times more than Switzerland

Grants and other revenue > Current LCU 9.92 billion
Ranked 61st.
116.63 billion
Ranked 1st. 12 times more than Switzerland

Net taxes on products > Current LCU 24968500000 809400000000
Components of taxation > Corporate income tax u8.8%
Ranked 14th. 31% more than United States
u6.7%
Ranked 20th.
Taxes on international trade > Current LCU per capita 815.81
Ranked 53th. 8 times more than United States
102.28
Ranked 64th.

Tax payments > Number per million 2.38
Ranked 103th. 68 times more than United States
0.035
Ranked 185th.

Net taxes on products > Current US$ > Per capita 2.53 million$ per 1,000 people
Ranked 16th.
2.76 million$ per 1,000 people
Ranked 16th. 9% more than Switzerland

Customs and other import duties > % of tax revenue 2%
Ranked 57th.
2.02%
Ranked 49th. 1% more than Switzerland

Grants and other revenue > % of revenue 10.21%
Ranked 65th. 99% more than United States
5.14%
Ranked 5th.

Customs and other import duties > Current LCU 1.04 billion
Ranked 54th.
29.22 billion
Ranked 22nd. 28 times more than Switzerland

Other taxes > Current LCU 2.35 billion
Ranked 54th.
23.88 billion
Ranked 1st. 10 times more than Switzerland

Social security contributions > Current LCU 35.11 billion
Ranked 32nd.
944.24 billion
Ranked 1st. 27 times more than Switzerland

Tax revenue > % of GDP 10%
Ranked 91st. 18% more than United States
8.46%
Ranked 4th.

Tax revenue > Current LCU 52.12 billion
Ranked 60th.
1.21 trillion
Ranked 1st. 23 times more than Switzerland

Taxes on goods and services > % of revenue 31.51%
Ranked 55th. 10 times more than United States
3.2%
Ranked 4th.

Taxes on income > Profits and capital gains > Current LCU 18.12 billion
Ranked 60th.
1.09 trillion
Ranked 1st. 60 times more than Switzerland

Taxes on income > Profits and capital gains including income tax > % of revenue 18.65%
Ranked 57th.
47.97%
Ranked 1st. 3 times more than Switzerland

Taxes on international trade > % of revenue 1.07%
Ranked 64th. 8% more than United States
0.99%
Ranked 4th.

Taxes on income > Profits and capital gains > % of revenue 16.26%
Ranked 56th.
55.26%
Ranked 2nd. 3 times more than Switzerland

GDP > Current US$, % of GDP 99.84%
Ranked 138th.
103.57%
Ranked 12th. 4% more than Switzerland

GNI > Constant 2000 US$ per capita $56,871.64
Ranked 2nd. 23% more than United States
$46,084.41
Ranked 6th.

GNI > Constant 2000 US$, % of GDP 71.94%
Ranked 47th.
92.23%
Ranked 6th. 28% more than Switzerland

Social contributions > % of revenue 38.68%
Ranked 10th. 4% more than United States
37.36%
Ranked 9th.

Taxes on income > Profits and capital gains > % of total taxes 32.27%
Ranked 47th.
90.93%
Ranked 1st. 3 times more than Switzerland

Taxes on goods and services > % value added of industry and services 6.5%
Ranked 69th. 10 times more than United States
0.67%
Ranked 84th.

Net taxes on products > Current US$ 18.54 billion$
Ranked 25th.
809.4 billion$
Ranked 1st. 44 times more than Switzerland

Revenue, excluding grants > % of GDP 17.59%
Ranked 92nd. 7% more than United States
16.36%
Ranked 87th.

Other taxes > % of revenue 2.97%
Ranked 47th. 8 times more than United States
0.379%
Ranked 78th.

Taxes on income, profits and capital gains > % of total taxes 40.87%
Ranked 47th.
92.26%
Ranked 1st. 2 times more than Switzerland

Taxes on income, profits and capital gains > % of revenue 24.18%
Ranked 57th.
54.89%
Ranked 3rd. 2 times more than Switzerland

Labor tax and contributions > % of commercial profits 17.8%
Ranked 81st. 80% more than United States
9.9%
Ranked 133th.

Other taxes payable by businesses > % of commercial profits 2.1%
Ranked 109th.
8.4%
Ranked 39th. 4 times more than Switzerland

Profit tax > % of commercial profits 9.2%
Ranked 139th.
27.9%
Ranked 15th. 3 times more than Switzerland

Total tax rate > % of commercial profits 29.1%
Ranked 143th.
46.3%
Ranked 58th. 59% more than Switzerland

GDP > Current US$ $631.17 billion
Ranked 21st.
$16.24 trillion
Ranked 2nd. 26 times more than Switzerland

GDP growth > Annual % 1.05%
Ranked 134th.
2.78%
Ranked 105th. 3 times more than Switzerland

Total tax rate > % of profit 29.7%
Ranked 142nd.
46.3%
Ranked 63th. 56% more than Switzerland

GNI per capita, Atlas method > Current US$ $80,970.00
Ranked 3rd. 55% more than United States
$52,340.00
Ranked 8th.

Net taxes on products > Current US$ per capita 2,526.3$
Ranked 16th.
2,764.29$
Ranked 16th. 9% more than Switzerland

Taxes on goods and services including sales tax > % value added of industry and services 6.31%
Ranked 70th. 12 times more than United States
0.51%
Ranked 83th.

Taxes on income > Profits and capital gains including income tax > % of total taxes 34.76%
Ranked 46th.
90.15%
Ranked 1st. 3 times more than Switzerland

Total tax wedge > Single-income family 17.9%
Ranked 22nd.
19.4%
Ranked 21st. 8% more than Switzerland
GNI > Constant 2000 US$ $454.81 billion
Ranked 19th.
$14.47 trillion
Ranked 2nd. 32 times more than Switzerland

Net taxes on products > Current US$ > Per $ GDP 57.46$ per $1 billion of GDP
Ranked 126th.
69.3$ per $1 billion of GDP
Ranked 114th. 21% more than Switzerland

Social contributions > Current LCU 33185000000 855345000000

SOURCES: OECD Revenue Statistics; World Bank national accounts data; World Bank national accounts data. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; KPMG's Corporate and Indirect Tax Rate Survey 2009 (www.kpmg.com), and PricewaterhouseCoopers's Worldwide Tax Summaries Online (www.pwc.com).; KPMG's Individual Income Tax and Social Security Rate Survey 2009 (www.kpmg.com), and PricewaterhouseCoopers's Worldwide Tax Summaries Online (www.pwc.com).; International Monetary Fund, Government Finance Statistics Yearbook and data files.; World Bank, Doing Business project (http://www.doingbusiness.org/).; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; International Monetary Fund, Government Finance Statistics Yearbook and data files. World Bank World Development Indicators.; OECD; International Monetary Fund, Government Finance Statistics Yearbook and data files. World Bank World Development Indicators. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Development Indicators database; World Bank, Doing Business project (http://www.doingbusiness.org/). Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank national accounts data. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.; World Bank national accounts data. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates. World Bank World Development Indicators.; World Development Indicators database. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD value added estimates.

Citation

"Economy > Tax: Switzerland and United States compared", NationMaster. Retrieved from http://www.nationmaster.com/country-info/compare/Switzerland/United-States/Economy/Tax

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