The given table illustrates the GDP across different countries: Sweden, USA, Korea, Japan, and Turkey in four distinct years: 1975, 1985, 1995, and 2005.
Overall, it can be seen that while the percentage of tax in Sweden, Korea, and Turkey followed the fluctuating trends, increasing and decreasing consistently, the figures for all remaining countries constantly witnessed upward trends. Notably, the GDP of Sweden significantly dominated throughout the given period.
In 1975, the percentage of tax collected in Sweden led with 46%, while the USA, Korea, Japan, and Turkey showed considerably lower figures, accounting for 25.1%, 15.1%, 15%, and 16.4%, respectively. By 1985, Sweden experienced a substantial plunge to 47%, followed by a minor decrease to 15% in Turkey. In stark contrast, other countries edged up to 25.4% (USA), 27% (Korea), and 16% (Japan).
By 1995, there was a slight recovery to 51% of Sweden, followed by the corresponding surge to 27.1%, 26%, 23%, and 24% of the USA, Korea, Japan, and Turkey, respectively. In the final year (2005), the USD of Sweden peaked at 70.1%. Meanwhile, other nations experienced a sharp increase compared to the beginning, the USA occupied 27.4%, followed by 27.4% of Korea, 32.1% of Japan, and 27.4% of Turkey.
