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Band 6+: 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 compares the proportion of tax which was collected by five different countries for 4 years from 1975 to 2005.

Overall, there was a marked increase in the amount of tax revenue in Sweden, Japan and the USA, while those figures for two other countries saw a fluctuation. Notably, it is clear that Sweden was the country with the highest tax collection compared to the others.

In 1975, 46% tax was collected by Sweden and then this figure rose from 47% to 51% between 1985 and 1995. Ten years later, this is followed by a sharply increase to 70.1%, which was almost double than other countries. Similarly, the amount of tax intake in the USA rose slightly from 25.1% to 27.4% during 30-year period while revenue from taxes in Japan jumped at 32.1% to ranked second in 2005.

Meanwhile, after falling from 16.4% to 15% during ten years, the amount of tax revenue in Turkey went up by 12.4% matching the share of the USA in 2005. Lastly, Korea’s tax intake rose to 27% before decreasing to 26% in 1995 then increased to 27.3%.

Word Count: 185

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