Australia vs IDA & IBRD total: Tax revenue
Tax revenue over time
- Australia
- IDA & IBRD total
How they compare
Australia currently reports 23.6% against 10.7% in IDA & IBRD total, a difference of 12.9%.
That makes Australia's figure about 2.2 times IDA & IBRD total's.
Across all 18 years both countries report, Australia has been ahead every year.
Australia ranks 25th and IDA & IBRD total ranks 24th of 157 countries.
Australia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Australia | IDA & IBRD total | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 23.9% | 11.7% | 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 IDA & IBRD total?
- Australia, at 23.6% against 10.7% in IDA & IBRD total as of 2022.
- What is the difference in tax revenue between Australia and IDA & IBRD total?
- 12.9%, with Australia ahead.
- How many years of comparable data are there for Australia and IDA & IBRD total?
- 18 years are reported by both, from 2005 to 2022.
- How do Australia and IDA & IBRD total rank globally for tax revenue?
- Australia ranks 25th and IDA & IBRD total ranks 24th 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.