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Band 8+: The table below gives the information about the amount of tax collected (as % of GDP) in five countries for 4 years between 1975 and 2005

Image for topic: The table below gives the information about the amount of tax collected (as % of GDP) in five countries for 4 years between 1975 and 2005
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The image presents a table showing tax collected as a percentage of GDP across five countries in four selected years: 1975, 1985, 1995, and 2005. In 1975, Sweden is at 46%, USA at 25.1%, Korea at 15.1%, Japan at 10.5%, and Turkey at 16.4%. By 1985, the figures are Sweden 47%, USA 25.4%, Korea 17%, Japan 16%, and Turkey 15%. In 1995, Sweden reaches 51%, USA 27.1%, Korea 26%, Japan 23%, and Turkey at 24%. For 2005, Sweden is at 70.1%, USA 27.4%, Korea 30.4%, Japan 32.1%, and Turkey 27.4%.
Given the complexity of the image, the above description may not be entirely accurate.
Note: Both the topic and the answer were created by one of our users.

The table demonstrates the changes in the proportion of tax collected in five different nations for four years from 1975 to 2005.

The overall trend is that Sweden showed the highest figures during this time frame, while the rest witnessed an upward trend throughout the period. Furthermore, Japan and Turkey experienced a notable increase in 2005.

As can be seen from the table, the Sweden portion stood at 46% and 47% in 1975 and 1985 before surging to a half in the next ten-year period. What stands out is the considerable increase by one-fifth, peaking at 70% by the end of the period. Turning to Japan and Turkey, which shared quite similar data in the first thirty years, the former figure rose sharply from 15% in 1975 to 32,1% in 2005, while the latter figure grew modestly from 16,4% to roughly thirty percent.

Looking more closely at the figures for the USA, it can be easily recognised that its data showed a bit fluctuation and increased by 2% throughout the time frame. By contrast, Korea’s figure rocketed from 15,1% to 27% in the first ten year period and nearly remained until 2005 at 27,3%. Although starting at roughly two times lower than the proportion of the USA, that of Korea was the same as the USA in the final year.

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Answers On The Same Topic:

The table below gives the information about the amount of tax collected (as % of GDP) in five countries for 4 years between 1975 and 2005

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