The table illustrates the percentage of GDP collected as tax in five countries between 1975 and 2005.
Overall, Sweden consistently recorded the highest proportion of tax revenue throughout the period, while the other countries experienced moderate increases over time. Most nations showed an upward trend, especially Japan and Turkey.
In 1975, Sweden collected 46% of GDP in taxes, far higher than the USA at 25.1%. Korea, Japan and Turkey had much lower figures, at around 15-16%. By 1985, Sweden’s tax revenue rose slightly to 47%, while Korea experienced a significant increase to 27%, surpassing Japan and Turkey.
In 1995, Sweden continued to lead with 51%, whereas the USA rose gradually to 27.1%. Japan and Turkey also recorded noticeable growth, reaching 23% and 24% respectively. By 2005, Sweden’s tax collection climbed dramatically to 70.1%, remaining the highest among all countries. Meanwhile, the USA, Korea and Turkey had similar levels at around 27%, while Japan increased considerably to 32.1%.
