FACTOID # 119: Three of the top ten countries for GDP per capita are island nations: Bermuda, Cayman Islands, and Iceland.
 
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Taxation > Total tax wedge > Single worker (vs) Economy > Social security expenditure as % of GDP

VIEW DATA:   Comparison scatterplot  
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21
Economy > Social security expenditure as % of GDP
(% of GDP)
8
23 Taxation > Total tax wedge > Single worker (%) 56

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Note: It will take several minutes to draw this plot the first time you view it. After that all plots should appear much more quickly.
Strength of correlation (R squared): 0.725 (this correlation is significant)

X Axis Y Axis
Variable: Taxation > Total tax wedge > Single worker Economy > Social security expenditure as % of GDP
Plot Display: Linear Logarithmic (base 10)
Definition: 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. Social security transfers as % of GDP - shows the social spending of the country. Data is for the 90s.
Source: OECD GECD Historical Statistics (CD ROM)
Correlations:
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