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.
