Australia vs Serbia: Tax revenue
Australia
23.6%
in 2022
Serbia
23.9%
in 2022
Australia rank
25th
Serbia rank
22nd
Tax revenue over time
- Australia
- Serbia
How they compare
Serbia currently reports 23.9% against 23.6% in Australia, a difference of 0.3%.
The two have swapped places 3 times across 16 shared years of data; in 2007 it was Australia ahead.
Australia ranks 25th and Serbia ranks 22nd of 157 countries.
Australia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Australia | Serbia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 23.4% | 20.0% | 3.3% | Australia |
| 2010s | 21.8% | 20.9% | 0.9% | Australia |
| 2020s | 23.0% | 22.0% | 1.0% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Australia or Serbia?
- Serbia, at 23.9% against 23.6% in Australia as of 2022.
- What is the difference in tax revenue between Australia and Serbia?
- 0.3%, with Serbia ahead.
- How many years of comparable data are there for Australia and Serbia?
- 16 years are reported by both, from 2007 to 2022.
- How do Australia and Serbia rank globally for tax revenue?
- Australia ranks 25th and Serbia ranks 22nd 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.