The provided table of data illustrates a comparison of tax revenue in 5 nations during the period between 1975 and 2005.
Overall, all 5 countries experienced an upward trend in the ratio between tax and GDP. Notably, that figure for Sweden was the highest throughout the entire period, far higher the others.
During the period of 30 years from 1975, the revenue of Sweden maintained the highest. That percentage in 1975 was 46% and in 2005 it increased by 24%. In all 4 mentioned years, the USA placed the second highest, accounting for 25.1% in 1975 and 27.4% in 2005.
In the year of 1975, the proportion of tax in Turkey, Korean and Japan were about the same, accounting for 16.4%, 15.1% and 15% respectively. Whereas the figure for all 3 nations witnessed a slight increase, Japan’s tax revenue overtook the others and placed the third highest in 2007. In the same year, 27.3% anf 27.4% were the ratio of tax over GDP in Korea and Turkey respectively.
