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Economy > Government Stats: compare key data on Australia & United States

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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.
  • 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 United States
Finance minister Joe Hockey Jacob Lew
Revenue > Tax > Income tax 22.3%
Ranked 21st.
22.8%
Ranked 19th. 2% more than Australia
Revenue > Tax > Overall tax burden 30.7%
Ranked 23th. 14% more than United States
26.9%
Ranked 24th.
Revenue > Tax > Tax burden, % of GDP 25.6
Ranked 58th. 2% more than United States
25.1
Ranked 60th.
Sovereign wealth funds > Assets 89 billion USD
Ranked 12th.
123 billion USD
Ranked 11th. 38% more than Australia
Sovereign wealth funds > Origin Non-commodity Oil & Gas / Non-commodity / Minerals / Public Lands

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