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Economy > Tax Stats: compare key data on China & India

Definitions

  • Average time to clear customs > Days: Average time to clear customs is the number of days to clear an imported good through customs.
  • 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 > 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.
  • 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 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 > 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 > Current US$ per capita: GDP (current US$). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Figures expressed per capita for the same year.
  • GDP per capita > Constant LCU: GDP per capita (constant LCU). GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • Highest marginal tax rate > Corporate rate: Highest marginal tax rate (corporate rate) is the highest rate shown on the schedule of tax rates applied to the taxable income of corporations.
  • Highest marginal tax rate > Individual > On income exceeding > US$: 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.
  • 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 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.
  • 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.
  • 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.
  • 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."
  • 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."
  • 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.
  • 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.
  • 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.
  • Taxes on exports > Current LCU per capita: Taxes on exports (current LCU). Taxes on exports are all levies on goods being transported out of the country or services being delivered to nonresidents by residents. Rebates on exported goods that are repayments of previously paid general consumption taxes, excise taxes, or import duties are deducted from the gross amounts receivable from these taxes, not from amounts receivable from export taxes. Figures expressed per capita for the same year.
  • 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."
  • 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."
  • 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.
  • 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.
  • 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.
  • 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.
  • Taxes on exports > Current LCU: Taxes on exports (current LCU). Taxes on exports are all levies on goods being transported out of the country or services being delivered to nonresidents by residents. Rebates on exported goods that are repayments of previously paid general consumption taxes, excise taxes, or import duties are deducted from the gross amounts receivable from these taxes, not from amounts receivable from export taxes.
  • 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.
  • 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.
  • 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.
  • 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 > 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.
  • 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.
  • Tax rates > % of managers surveyed ranking this as a major business constraint: Tax rates as a major constraint measure the share of senior managers who ranked tax rates as a major or very severe constraint.
  • Profit tax > % of commercial profits: Profit tax (% of commercial profits). Profit tax is the amount of taxes on profits paid by the business.
  • Firms expected to give gifts in meetings with tax officials > % of firms: Firms expected to give gifts in meetings with tax officials (% of firms). Firms expected to give gifts in meetings with tax officials is the percentage of firms that answered positively to the question "was a gift or informal payment expected or requested during a meeting with tax officials?"
  • 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.
  • 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.
  • 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.
  • 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.
  • 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."
  • 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."
  • 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."
  • 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."
  • 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."
  • 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.
  • 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.
  • GNI > Constant 2000 US$: GNI (constant 2000 US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2005 U.S. dollars.
  • Average number of times firms spent in meetings with tax officials per million: Average number of times firms spent in meetings with tax officials. Average number of times management met with tax officials is the average number of visits or required meetings with tax officials. Figures expressed per million population for the same year.
  • Net taxes on products > Current US$ > 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.
  • Taxes on > Exports > % of tax revenue: Taxes on exports are all levies on goods being transported out of the country or services being delivered to nonresidents by residents. Rebates on exported goods that are repayments of previously paid general consumption taxes, excise taxes, or import duties are deducted from the gross amounts receivable from these taxes, not from amounts receivable from export taxes."
  • 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 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."
  • 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
  • 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."
  • 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.
  • 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."
  • 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.
  • Net taxes on products > Constant 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 constant local currency.
  • 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.
  • Average number of times firms spent in meetings with tax officials: Average number of times firms spent in meetings with tax officials. Average number of times management met with tax officials is the average number of visits or required meetings with tax officials.
STAT China India HISTORY
Average time to clear customs > Days 6.16 days
Ranked 3rd.
13.58 days
Ranked 2nd. 2 times more than China
GDP > Constant LCU 31.66 trillion
Ranked 11th.
58.14 trillion
Ranked 7th. 84% more than China

GDP > Constant LCU per capita 23,441.08
Ranked 108th.
47,010
Ranked 80th. Twice as much as China

GDP > Current LCU 51.93 trillion
Ranked 17th.
100.21 trillion
Ranked 11th. 93% more than China

GDP > Current LCU per capita 38,448.51
Ranked 106th.
81,027.96
Ranked 82nd. 2 times more than China

GDP > Current US$ $8.23 trillion
Ranked 3rd. 4 times more than India
$1.84 trillion
Ranked 11th.

GDP > Current US$ per capita $6,091.01
Ranked 84th. 4 times more than India
$1,489.23
Ranked 137th.

GDP per capita > Constant LCU 23,441.08
Ranked 108th.
47,010
Ranked 80th. Twice as much as China

Highest marginal tax rate > Corporate rate 25%
Ranked 62nd.
33.99%
Ranked 21st. 36% more than China

Highest marginal tax rate > Individual > On income exceeding > US$ $175,716.00
Ranked 6th. 17 times more than India
$10,115.00
Ranked 59th.

Highest marginal tax rate > Individual rate 45%
Ranked 12th. 50% more than India
30%
Ranked 49th.

Tax payments > Number 7
Ranked 175th.
33
Ranked 66th. 5 times more than China

Tax rates 17
Ranked 82nd. 19% more than India
14.31
Ranked 78th.

Taxes on income, profits and capital gains > Current LCU 1.07 trillion
Ranked 17th.
5.25 trillion
Ranked 6th. 5 times more than China

Taxes on income, profits and capital gains > Current LCU per capita 799.74
Ranked 90th.
4,295.27
Ranked 47th. 5 times more than China

Taxes on international trade > Current LCU 205.45 billion
Ranked 19th.
1.52 trillion
Ranked 8th. 7 times more than China

Customs and other import duties > Current LCU 145.08 billion
Ranked 11th.
1.18 trillion
Ranked 2nd. 8 times more than China

Taxes on income > Profits and capital gains > Current LCU 755.88 billion
Ranked 11th.
3.55 trillion
Ranked 2nd. 5 times more than China

Time to prepare and pay taxes > Hours 504
Ranked 19th. 86% more than India
271
Ranked 66th.

Tax payments > Number per million 0.00518
Ranked 188th.
0.0267
Ranked 186th. 5 times more than China

GNI per capita, Atlas method > Current US$ $5,720.00
Ranked 78th. 4 times more than India
$1,580.00
Ranked 126th.

Tax payments > Number > Per capita 0.007 per 1 million people
Ranked 171st.
0.051 per 1 million people
Ranked 168th. 7 times more than China

Taxes on exports > Current LCU per capita -310.569
Ranked 32nd.
1.6
Ranked 25th.

Other taxes > Current LCU 194.52 billion
Ranked 7th. 47 times more than India
4.13 billion
Ranked 42nd.

Tax revenue > Current LCU 2.64 trillion
Ranked 11th.
6.88 trillion
Ranked 5th. 3 times more than China

Net taxes on products > Current LCU 2009000000000 3162450000000
Net taxes on products > Current US$ per capita 188.05$
Ranked 66th. 3 times more than India
63.37$
Ranked 89th.

Labor tax and contributions > % of commercial profits 49.6%
Ranked 3rd. 2 times more than India
20.7%
Ranked 55th.

Net taxes on products > Current US$ > Per $ GDP 0.11$ per $1 billion of GDP
Ranked 49th. 24% more than India
0.089$ per $1 billion of GDP
Ranked 80th.

Taxes on exports > Current LCU -404,894,860,000
Ranked 32nd.
1.95 billion
Ranked 12th.

GDP growth > Annual % 7.8%
Ranked 20th. 2 times more than India
3.24%
Ranked 92nd.

GDP per capita > Current LCU 38,448.51
Ranked 106th.
81,027.96
Ranked 82nd. 2 times more than China

Taxes on goods and services > % value added of industry and services 8.98%
Ranked 54th. 68% more than India
5.34%
Ranked 74th.

Taxes on income > Profits and capital gains including income tax > % of revenue 16.41%
Ranked 66th.
44.41%
Ranked 8th. 3 times more than China

Taxes on international trade > Current LCU per capita 153.58
Ranked 67th.
1,242.27
Ranked 39th. 8 times more than China

Other taxes > % of revenue 1.14%
Ranked 70th. 16 times more than India
0.0723%
Ranked 90th.

Tax rates > % of managers surveyed ranking this as a major business constraint 36.8%
Ranked 8th. 34% more than India
27.46%
Ranked 3rd.
Profit tax > % of commercial profits 6.2%
Ranked 160th.
24.4%
Ranked 36th. 4 times more than China

Firms expected to give gifts in meetings with tax officials > % of firms 10.9%
Ranked 2nd.
52.3%
Ranked 4th. 5 times more than China
Other taxes payable by businesses > % of commercial profits 7.9%
Ranked 43th.
17.8%
Ranked 28th. 2 times more than China

Total tax rate > % of commercial profits 63.7%
Ranked 23th. 1% more than India
62.8%
Ranked 24th.

Total tax rate > % of profit 63.8%
Ranked 25th.
64.7%
Ranked 24th. 1% more than China

GDP > Current US$, % of GDP 98.43%
Ranked 159th.
100%
Ranked 120th. 2% more than China

GNI > Constant 2000 US$ per capita $3,331.08
Ranked 61st. 3 times more than India
$1,095.55
Ranked 81st.

Tax revenue > % of GDP 9.93%
Ranked 92nd.
12.34%
Ranked 74th. 24% more than China

Taxes on international trade > % of revenue 3.15%
Ranked 53th.
14.87%
Ranked 13th. 5 times more than China

Grants and other revenue > Current LCU 1.97 trillion
Ranked 8th. 77% more than India
1.11 trillion
Ranked 7th.

Revenue > Excluding grants > Current LCU 4.52 trillion
Ranked 10th.
7.98 trillion
Ranked 7th. 77% more than China

Taxes on income > Profits and capital gains including income tax > % of total taxes 28.64%
Ranked 58th.
51.64%
Ranked 13th. 80% more than China

Taxes on income, profits and capital gains > % of total taxes 25.42%
Ranked 79th.
56.25%
Ranked 11th. 2 times more than China

Taxes on income, profits and capital gains > % of revenue 23.11%
Ranked 54th.
49.52%
Ranked 7th. 2 times more than China

Taxes on income > Profits and capital gains > % of revenue 21.62%
Ranked 38th.
35.36%
Ranked 13th. 64% more than China

GNI > Constant 2000 US$ $4.50 trillion
Ranked 4th. 3 times more than India
$1.35 trillion
Ranked 9th.

Average number of times firms spent in meetings with tax officials per million 0.000888
Ranked 3rd.
0.00227
Ranked 39th. 3 times more than China
Net taxes on products > Current US$ > Per capita 187,942.05$ per 1,000 people
Ranked 66th. 3 times more than India
65,257.61$ per 1,000 people
Ranked 88th.

Taxes on > Exports > % of tax revenue -25.22%
Ranked 26th.
0.13%
Ranked 13th.

Taxes on goods and services > % of revenue 33.51%
Ranked 44th. 26% more than India
26.67%
Ranked 61st.

Taxes on goods and services including sales tax > % value added of industry and services 6.51%
Ranked 69th. 32% more than India
4.92%
Ranked 63th.

GNI > Constant 2000 US$, % of GDP 53.83%
Ranked 81st.
73.56%
Ranked 43th. 37% more than China

Taxes on goods and services > Current LCU 1.54 trillion
Ranked 12th.
2.13 trillion
Ranked 7th. 38% more than China

Revenue, excluding grants > % of GDP 11.53%
Ranked 106th.
11.78%
Ranked 99th. 2% more than China

Customs and other import duties > % of tax revenue 5.5%
Ranked 47th.
17.22%
Ranked 15th. 3 times more than China

Grants and other revenue > % of revenue 42.7%
Ranked 6th. 3 times more than India
13.9%
Ranked 38th.

Net taxes on products > Current US$ 245.17 billion$
Ranked 3rd. 3 times more than India
71.43 billion$
Ranked 10th.

Net taxes on products > Constant LCU 865162400000 2379460000000
Taxes on income > Profits and capital gains > % of total taxes 24.03%
Ranked 63th.
43.86%
Ranked 22nd. 83% more than China

Average number of times firms spent in meetings with tax officials 1.2
Ranked 2nd.
2.6
Ranked 15th. 2 times more than China

SOURCES: World Development Indicators database; 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).; 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.; 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.; International Monetary Fund, Government Finance Statistics Yearbook and data files.; 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 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.; World Bank, Enterprise Surveys; World Bank national accounts data. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.; World Bank, Enterprise Surveys. 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.; 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.

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