Australia vs Sweden: Taxes on income, profits and capital gains
Taxes on income, profits and capital gains over time
- Australia
- Sweden
How they compare
Australia currently reports 422.00 billion current LCU against 383.48 billion current LCU in Sweden, a difference of 38.52 billion current LCU.
That makes Australia's figure about 1.1 times Sweden's.
The two have swapped places 5 times across 51 shared years of data; in 1972 it was Sweden ahead.
Australia ranks 52nd and Sweden ranks 55th of 153 countries.
Across the 6 decades both report, Australia averaged higher in 2 and Sweden in 4.
Head to head by decade
| Decade | Australia | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 10.72 billion current LCU | 24.30 billion current LCU | 13.58 billion current LCU | Sweden |
| 1980s | 35.53 billion current LCU | 58.48 billion current LCU | 22.94 billion current LCU | Sweden |
| 1990s | 76.93 billion current LCU | 80.56 billion current LCU | 3.63 billion current LCU | Sweden |
| 2000s | 157.83 billion current LCU | 161.70 billion current LCU | 3.87 billion current LCU | Sweden |
| 2010s | 256.86 billion current LCU | 214.59 billion current LCU | 42.26 billion current LCU | Australia |
| 2020s | 367.51 billion current LCU | 306.20 billion current LCU | 61.30 billion current LCU | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Australia or Sweden?
- Australia, at 422.00 billion current LCU against 383.48 billion current LCU in Sweden as of 2022.
- What is the difference in taxes on income, profits and capital gains between Australia and Sweden?
- 38.52 billion current LCU, with Australia ahead.
- How many years of comparable data are there for Australia and Sweden?
- 51 years are reported by both, from 1972 to 2022.
- How do Australia and Sweden rank globally for taxes on income, profits and capital gains?
- Australia ranks 52nd and Sweden ranks 55th of 153 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on income, profits and capital gains (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.