Australia vs United States: Taxes on income, profits and capital gains
Australia
67.9%
in 2022
United States
56.3%
in 2024
Australia rank
1st
United States rank
4th
Taxes on income, profits and capital gains over time
- Australia
- United States
How they compare
Australia currently reports 67.9% against 56.3% in United States, a difference of 11.6%.
That makes Australia's figure about 1.2 times United States's.
The two have swapped places 1 time across 51 shared years of data; in 1972 it was United States ahead.
Australia ranks 1st and United States ranks 4th of 153 countries.
Australia has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Australia | United States | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 61.6% | 57.2% | 4.4% | Australia |
| 1980s | 61.2% | 51.9% | 9.3% | Australia |
| 1990s | 65.7% | 52.6% | 13.1% | Australia |
| 2000s | 64.7% | 52.9% | 11.8% | Australia |
| 2010s | 64.2% | 52.0% | 12.3% | Australia |
| 2020s | 65.6% | 55.9% | 9.8% | 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 United States?
- Australia, at 67.9% against 56.3% in United States as of 2022.
- What is the difference in taxes on income, profits and capital gains between Australia and United States?
- 11.6%, with Australia ahead.
- How many years of comparable data are there for Australia and United States?
- 51 years are reported by both, from 1972 to 2022.
- How do Australia and United States rank globally for taxes on income, profits and capital gains?
- Australia ranks 1st and United States ranks 4th 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.