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Australia

Australian Government Stats

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 > Maximum tax rate for individuals: Individual (max).

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

    Mexico had range specified: 29%-3%

  • Revenue > Tax > Overall tax burden: Burden.

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

  • Revenue > Tax > Sales tax, VAT or GST: VAT / GST / Sales.

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

    India had range specified: 14.5% - 5.5%

    Uzbekistan had range specified: 0- 20%

  • 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 AMOUNT DATE RANK
Finance minister Joe Hockey 2014
Revenue > Tax > Income tax 22.3% 2010 21st out of 28
Revenue > Tax > Maximum tax rate for individuals 0.0 2013 1st out of 1
Revenue > Tax > Overall tax burden 30.7% 2014 23th out of 26
Revenue > Tax > Sales tax, VAT or GST 10% 2014 54th out of 63
Revenue > Tax > Tax burden, % of GDP 25.6 2014 58th out of 181
Revenue > Tax revenue as percentage of GDP 30.8 2012 43th out of 172
Sovereign wealth funds > Assets 89 billion USD 2014 12th out of 47
Sovereign wealth funds > Origin Non-commodity 2014

Citation

"Australia Government Stats", NationMaster. Retrieved from http://www.nationmaster.com/country-info/profiles/Australia/Economy/Government

Australia Economy > Government Profiles (Subcategories)

Revenue 6