Australia vs North America: Taxes on income, profits and capital gains
Australia
67.9%
in 2022
North America
55.1%
in 2024
Australia rank
1st
North America rank
1st
Taxes on income, profits and capital gains over time
- Australia
- North America
How they compare
Australia currently reports 67.9% against 55.1% in North America, a difference of 12.8%.
That makes Australia's figure about 1.2 times North America's.
The two have swapped places 1 time across 51 shared years of data; in 1972 it was North America ahead.
Australia ranks 1st and North America ranks 1st of 153 countries.
Australia has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Australia | North America | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 61.6% | 57.2% | 4.4% | Australia |
| 1980s | 61.2% | 51.9% | 9.3% | Australia |
| 1990s | 65.7% | 51.5% | 14.3% | Australia |
| 2000s | 64.7% | 53.0% | 11.7% | Australia |
| 2010s | 64.2% | 53.0% | 11.3% | Australia |
| 2020s | 65.6% | 56.2% | 9.5% | 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 North America?
- Australia, at 67.9% against 55.1% in North America as of 2022.
- What is the difference in taxes on income, profits and capital gains between Australia and North America?
- 12.8%, with Australia ahead.
- How many years of comparable data are there for Australia and North America?
- 51 years are reported by both, from 1972 to 2022.
- How do Australia and North America rank globally for taxes on income, profits and capital gains?
- Australia ranks 1st and North America ranks 1st 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 (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.