Countries Most Reliant on Income Tax (2022)
Source: World Bank·25 countries·Updated 2022
Income tax reliance varies by development level. {#1} derives {#1_value} of revenue from income taxes.
Australia leads with taxes on income, profits & capital gains (% of rev) of 67.9%.
Papua New Guinea ranks #2 at 59.4%.
New Zealand ranks #3 at 56.7%.
United States ranks #4 at 56.3%.
Canada ranks #5 at 53.9%.
Top 25 Countries by Taxes on Income, Profits & Capital Gains (% of rev)
| # | Country | Taxes on Income, Profits & Capital Gains (% of rev) | Year |
|---|---|---|---|
| 1 |  Australia | 67.9% | 2022 |
| 2 |  Papua New Guinea | 59.4% | 2024 |
| 3 |  New Zealand | 56.7% | 2024 |
| 4 |  United States | 56.3% | 2024 |
| 5 |  Canada | 53.9% | 2024 |
| 6 |  Denmark | 51.4% | 2024 |
| 7 |  South Africa | 50.8% | 2024 |
| 8 |  Malaysia | 47.6% | 2024 |
| 9 |  Ireland | 45.2% | 2024 |
| 10 |  Malta | 41.7% | 2024 |
| 11 |  Nicaragua | 41.3% | 2024 |
| 12 |  Mexico | 41.3% | 2024 |
| 13 |  United Kingdom | 40.6% | 2024 |
| 14 |  Armenia | 39.6% | 2024 |
| 15 |  Ghana | 39.5% | 2023 |
| 16 |  Malawi | 39.2% | 2024 |
| 17 |  Mozambique | 39.1% | 2024 |
| 18 |  Singapore | 39.0% | 2024 |
| 19 |  Congo, Dem. Rep. | 38.8% | 2022 |
| 20 |  Georgia | 38.5% | 2024 |
| 21 |  Namibia | 36.8% | 2024 |
| 22 |  Belgium | 35.9% | 2024 |
| 23 |  Luxembourg | 35.6% | 2024 |
| 24 |  Netherlands | 35.5% | 2024 |
| 25 |  Mali | 35.4% | 2020 |
Data from 137 countries is available. View full rankings →
FAQ
What is the highest taxes on income, profits & capital gains (% of rev) in 2022?
Australia has the highest taxes on income, profits & capital gains (% of rev) at 67.9% in 2022.
How many countries are included in this ranking?
This article features the top 25 countries out of 137 with available data. Full rankings available on the indicator page.
Where does this data come from?
Data is sourced from the World Bank. It is updated regularly as new releases become available.