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Economy > Government Stats: compare key data on Australia & Canada

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Definitions

  • Finance minister: The name of each country's finance minister. A finance minister is a cabinet member in charge of overseeing and regulating the economic and monetary activity of a country. Certain countries have different titles for their finance minister, such as the UK's "Chancellor of the Exchequer" or the United States' "Secretary of the Treasury".
  • Revenue > Tax > Income tax: Average income taxes (net of benefits), as a percentage of gross wage earnings, levied on a single person with no children, who earns the average wage.
  • Revenue > Tax > Overall tax burden: Burden.

    No date was available from the Wikipedia article, so we used the date of retrieval.

  • Revenue > Tax > Tax burden, % of GDP: Overall taxes, including all forms of direct and indirect taxation at all levels of government, as a percentage of GDP.
  • Revenue > Tax revenue as percentage of GDP: Heritage Foundation (2012).
  • Sovereign wealth funds > Assets: Assets (US$Billion).

    No date was available from the Wikipedia article, so we used the date of retrieval.

  • Sovereign wealth funds > Origin: Origin.

    No date was available from the Wikipedia article, so we used the date of retrieval.

STAT Australia Canada HISTORY
Finance minister Joe Hockey Jim Flaherty
Revenue > Tax > Income tax 22.3%
Ranked 21st.
22.7%
Ranked 20th. 2% more than Australia
Revenue > Tax > Overall tax burden 30.7%
Ranked 23th.
42.6%
Ranked 11th. 39% more than Australia
Revenue > Tax > Tax burden, % of GDP 25.6
Ranked 58th.
31
Ranked 38th. 21% more than Australia
Revenue > Tax revenue as percentage of GDP 30.8
Ranked 43th.
32.2
Ranked 40th. 5% more than Australia

Sovereign wealth funds > Assets 89 billion USD
Ranked 12th. 5 times more than Canada
16.4 billion USD
Ranked 25th.
Sovereign wealth funds > Origin Non-commodity Oil

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