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Band 7+: 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 illustrates the proportion of tax collected as a percentage of GDP in five particular nations annual ten years from 1975 to 2005.

Overall, all countries witnessed an upward trend in tax collected rates during the given period, with Korea and Turkey showing decline before recovering. In addition, Sweden maintained by far the highest rates throughout this period.

Sweden accounted for 46% of GDP in tax initially, more than three times higher than Japan and Korea, at around 15%. After that, Sweden saw a significant growth, surging to 70.1% by the end, while Japan had a similar rise to 32,1% which doubled its initially rate. By contrast, this figure for Korea increased sharply to 27% after a year before declining 1% and recovering to 27.3% in the last year.

Regarding the remaining countries, the USA was in the second rank in the percentage of tax in 1975, this share of the USA fluctuated slightly and ended at 27.4%. Turkey recorded 16.4% in 1975 and decreased to 15% in 1985, it continued to go up again and finished at the same point compared to the USA.

Word Count: 186

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