The table shows the amount of tax collected (as % of GDP) in Sweden, the USA, Korea, Japan, and Turkey between 1975 and 2005.
Overall, the percentage of tax accumulated in Sweden, the USA, and Japan increased consistently, whereas the figures for both Korea and Turkey fluctuated over the period. Notably, the amount of tax in Sweden recorded the largest share in every given year.
The amount of tax in Sweden stood at 46% of GDP initially, after which it experienced the most significant increase, reaching 70,1% by 2005. The United State ranked second, accounting for 25,1%, which was ten percentage points higher than that of Korea. It then rose to 27,4% in 2005. Japan followed, more than doubling from 15% to 32,1%.
The proportion of tax in Korea grew moderately from 15,1% to 27% of GDP by 1985. However, it then declined marginally to 26%; and then recovered again to 27,3% in 2005. Similarly, the share of Turkey stood at 16,4% before dropping to just 15% by 1985. This figure then climbed sharply to 27,4% at the end of the period.
