Australia vs IBRD only: Tax revenue
Australia
23.6%
in 2022
IBRD only
10.6%
in 2024
Australia rank
25th
IBRD only rank
25th
Tax revenue over time
- Australia
- IBRD only
How they compare
Australia currently reports 23.6% against 10.6% in IBRD only, a difference of 13.0%.
That makes Australia's figure about 2.2 times IBRD only's.
Across all 18 years both countries report, Australia has been ahead every year.
Australia ranks 25th and IBRD only ranks 25th of 157 countries.
Australia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Australia | IBRD only | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 23.9% | 11.8% | 12.1% | Australia |
| 2010s | 21.8% | 11.8% | 10.0% | Australia |
| 2020s | 23.0% | 11.0% | 12.1% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Australia or IBRD only?
- Australia, at 23.6% against 10.6% in IBRD only as of 2022.
- What is the difference in tax revenue between Australia and IBRD only?
- 13.0%, with Australia ahead.
- How many years of comparable data are there for Australia and IBRD only?
- 18 years are reported by both, from 2005 to 2022.
- How do Australia and IBRD only rank globally for tax revenue?
- Australia ranks 25th and IBRD only ranks 25th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Tax revenue (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.