Tax revenue as % of GDP

Tax as % of GDP
Country

Tax %Denmark
49.1%

France
44.2%

Germany
39.3%

UK
37.4%

New Zealand
36.0%

Canada
33.3%

Australia
30.6%

USA
28.3%

Japan
27.9%

China (PRC)
17.1%

Malaysia
15.5%

Philippines
14.4%

Thailand
13.0%

Singapore
13.0%

Hong Kong
12.8%

Indonesia
11.0%

It seems that the first world countries have a ratio above 25%. Even the USA, has a tax rate of 28.3%. Singapore has one of the lowest tax rates and competes with Hong Kong and Indonesia.

Interesting!