Economy > Tax > Highest marginal tax rate > Individual > On income exceeding > US$: Countries Compared
DEFINITION:
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.
CONTENTS
| # | COUNTRY | AMOUNT | DATE | GRAPH | HISTORY |
|---|---|---|---|---|---|
| 1 | Switzerland | $630,312.00 | 2009 | ||
| 2 | United States | $372,950.00 | 2009 | ||
| 3 | Germany | $334,448.00 | 2009 | ||
| 4 | Singapore | $217,317.00 | 2009 | ||
| 5 | Japan | $182,062.00 | 2009 | ||
| Group of 7 countries (G7) average (profile) | $179,480.86 | 2009 | |||
| 6 | China | $175,716.00 | 2009 | ||
| 7 | Venezuela | $156,000.00 | 2009 | ||
| 8 | Australia | $133,560.00 | 2009 | ||
| High income OECD countries average (profile) | $123,488.08 | 2009 | |||
| 9 | Thailand | $113,147.00 | 2009 | ||
| 10 | Israel | $110,230.00 | 2009 | ||
| 11 | Norway | $110,229.00 | 2009 | ||
| 12 | Chile | $109,484.00 | 2009 | ||
| 13 | Pakistan | $107,838.00 | 2009 | ||
| 14 | Canada | $107,542.00 | 2009 | ||
| =15 | Greece | $100,334.00 | 2009 | ||
| =15 | Italy | $100,334.00 | 2009 | ||
| 17 | Uruguay | $96,076.00 | 2009 | ||
| 18 | Papua New Guinea | $92,996.00 | 2009 | ||
| 19 | France | $92,983.00 | 2009 | ||
| 20 | Namibia | $90,361.00 | 2009 | ||
| 21 | Finland | $86,288.00 | 2009 | ||
| 22 | Portugal | $85,766.00 | 2009 | ||
| Eurozone average (profile) | $84,506.93 | 2009 | |||
| 23 | Austria | $80,268.00 | 2009 | ||
| 24 | Netherlands | $73,279.00 | 2009 | ||
| 25 | Spain | $71,447.00 | 2009 | ||
| 26 | Sweden | $66,419.00 | 2009 | ||
| 27 | United Kingdom | $66,047.00 | 2009 | ||
| 28 | South Africa | $63,253.00 | 2009 | ||
| 29 | Peru | $63,033.00 | 2009 | ||
| 30 | Denmark | $62,286.00 | 2009 | ||
| 31 | Ecuador | $62,000.00 | 2009 | ||
| 32 | Mozambique | $58,514.00 | 2009 | ||
| 33 | Croatia | $54,696.00 | 2009 | ||
| 34 | Luxembourg | $53,358.00 | 2009 | ||
| 35 | Ireland | $48,697.00 | 2009 | ||
| 36 | Cyprus | $48,562.00 | 2009 | ||
| 37 | Indonesia | $47,500.00 | 2009 | ||
| 38 | Serbia and Montenegro | $46,146.00 | 2009 | ||
| 39 | Belgium | $45,926.00 | 2009 | ||
| 40 | Colombia | $43,467.00 | 2009 | ||
| 41 | New Zealand | $40,498.00 | 2009 | ||
| 42 | Guatemala | $37,389.00 | 2009 | ||
| 43 | Argentina | $32,434.00 | 2009 | ||
| 44 | Paraguay | $31,600.00 | 2009 | ||
| 45 | Gabon | $31,461.83 | 2000 | ||
| 46 | Mexico | $29,591.00 | 2009 | ||
| 47 | Panama | $29,294.00 | 2009 | ||
| 48 | Turkey | $28,564.00 | 2009 | ||
| 49 | Malaysia | $28,470.00 | 2009 | ||
| 50 | Zimbabwe | $26,249.02 | 2004 | ||
| 51 | Poland | $26,116.00 | 2009 | ||
| 52 | Malta | $26,087.00 | 2009 | ||
| 53 | Senegal | $22,468.92 | 2002 | ||
| 54 | Brazil | $20,218.00 | 2009 | ||
| 55 | Slovenia | $19,827.00 | 2009 | ||
| 56 | Botswana | $17,647.00 | 2009 | ||
| 57 | Democratic Republic of the Congo | $14,304.00 | 2009 | ||
| 58 | Sri Lanka | $13,346.00 | 2009 | ||
| 59 | Swaziland | $12,048.00 | 2009 | ||
| 60 | Cameroon | $10,725.62 | 2002 | ||
| 61 | Philippines | $10,474.00 | 2009 | ||
| 62 | Ghana | $10,213.00 | 2009 | ||
| 63 | India | $10,115.00 | 2009 | ||
| 64 | Hungary | $8,014.00 | 2009 | ||
| 65 | Tanzania | $7,222.00 | 2009 | ||
| 66 | Kenya | $5,840.74 | 2004 | ||
| 67 | Cote d'Ivoire | $5,360.00 | 2009 | ||
| 68 | Congo, Republic of the | $4,681.27 | 2006 | ||
| 69 | Vietnam | $4,447.00 | 2009 | ||
| 70 | Uganda | $2,855.00 | 2009 | ||
| 71 | Nigeria | $1,553.40 | 2002 | ||
| 72 | Costa Rica | $1,526.00 | 2009 | ||
| 73 | Mauritius | $950.57 | 2004 | ||
| 74 | Malawi | $947.79 | 2000 | ||
| 75 | Zambia | $367.65 | 2004 |
Citation
Interesting observations about Economy > Tax > Highest marginal tax rate > Individual > On income exceeding > US$
- United States ranked first for tax > highest marginal tax rate > individual > on income exceeding > US$ amongst Group of 7 countries (G7) in 2009.
- Germany ranked first for tax > highest marginal tax rate > individual > on income exceeding > US$ amongst European Union in 2009.
- Switzerland ranked first for tax > highest marginal tax rate > individual > on income exceeding > US$ amongst High income OECD countries in 2009.
- China ranked first for tax > highest marginal tax rate > individual > on income exceeding > US$ amongst Emerging markets in 2009.
- Zambia has ranked last for tax > highest marginal tax rate > individual > on income exceeding > US$ since 2000.
- Japan ranked first for tax > highest marginal tax rate > individual > on income exceeding > US$ amongst Non-religious countries in 2009.
- Italy ranked second for tax > highest marginal tax rate > individual > on income exceeding > US$ amongst Eurozone in 2009.
- Venezuela ranked first for tax > highest marginal tax rate > individual > on income exceeding > US$ amongst Catholic countries in 2009.
- All of the top 2 countries by tax > highest marginal tax rate > individual > on income exceeding > US$ are Cold countries'.
- All of the top 2 countries by tax > highest marginal tax rate > individual > on income exceeding > US$ are Christian.
