×

Group of 7 countries (G7) Compared by Economy > Taxes and other revenues

DEFINITION: This entry records total taxes and other revenues received by the national government during the time period indicated, expressed as a percent of GDP. Taxes include personal and corporate income taxes, value added taxes, excise taxes, and tariffs. Other revenues include social contributions - such as payments for social security and hospital insurance - grants, and net revenues from public enterprises. Normalizing the data, by dividing total revenues by GDP, enables easy comparisons across countries, and provides an average rate at which all income (GDP) is paid to the national level government for the supply of public goods and services.

CONTENTS

# COUNTRY AMOUNT DATE GRAPH HISTORY
1 France 52.6% of GDP 2012
2 Italy 48.5% of GDP 2012
3 Germany 45.4% of GDP 2012
4 United Kingdom 40.4% of GDP 2012
5 Canada 38.4% of GDP 2012
6 Japan 33.8% of GDP 2012
7 United States 15.3% of GDP 2013

Citation

"Countries Compared by Economy > Taxes and other revenues. International Statistics at NationMaster.com", CIA World Factbooks 2010, 2011, 2012, 2013. Aggregates compiled by NationMaster. Retrieved from http://www.nationmaster.com/country-info/group-stats/Group-of-7-countries-(G7)/Economy/Taxes-and-other-revenues

Group of 7 countries (G7) Compared by Economy > Taxes and other revenues

NationMaster

Interesting observations about Economy > Taxes and other revenues

Follow us on Facebook to get interesting stats: