Tax by country: how much do people pay around the world?
Type a salary and see the tax on it in 30 countries, how fast tax rises with income, and how the rest of each tax system compares: total tax burden, VAT, corporate tax and taxes on dividends, capital gains, wealth and inheritance. Rules for 2026.
Short answer: measured by all the tax a country collects, Denmark (45.2% of GDP), France and Austria have the highest taxes in the OECD, and Mexico the lowest (18.3%); the OECD average is 34.1%. For a worker on the average wage, income tax and social security take the largest share of labour costs in Belgium (52.5%) and the smallest in Chile (7.5%; Colombia shows 0% because its compulsory contributions are not counted as tax). On $75,000, an employee pays the most in Turkey (39%) and the least in the United Arab Emirates (0%). The United Arab Emirates, Monaco and the Gulf states have no personal income tax.
Tax on the same salary in 30 countries
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On 75,000 USD, the total tax rate is highest in Turkey (39%) and lowest in the United Arab Emirates (0%).
Income tax (national and local) plus the employee’s social security contributions, as a share of gross pay, for a single employee with no children. The salary is converted at market exchange rates.
Income taxSocial security (employee)
Show the numbers: salary in local currency, income tax, social security, marginal rate and take-home pay
| Country | Salary there | Income tax | Social security | Total tax | Marginal rate | Take-home pay (USD) |
|---|---|---|---|---|---|---|
| Turkey | 3,687,977 TRY | 24.8% | 14.5% | 39.3% | 36% | 45,549 USD |
| Poland | 293,381 PLN | 18.0% | 21.1% | 39.1% | 42% | 45,668 USD |
| Italy | 66,928 EUR | 29.5% | 9.3% | 38.8% | 51% | 45,882 USD |
| Germany | 66,928 EUR | 16.9% | 21.8% | 38.7% | 50% | 46,002 USD |
| Portugal | 66,928 EUR | 26.7% | 11.0% | 37.7% | 51% | 46,719 USD |
| Denmark | 500,297 DKK | 25.6% | 8.2% | 33.8% | 41% | 49,662 USD |
| Finland | 66,928 EUR | 23.4% | 10.1% | 33.4% | 51% | 49,922 USD |
| Austria | 66,928 EUR | 15.1% | 17.9% | 33.1% | 47% | 50,195 USD |
| France | 66,928 EUR | 11.9% | 20.6% | 32.5% | 42% | 50,598 USD |
| South Africa | 1,239,983 ZAR | 31.2% | 0.2% | 31.4% | 41% | 51,483 USD |
| Spain | 66,928 EUR | 24.7% | 6.0% | 30.7% | 43% | 51,998 USD |
| Nigeria | 121,309,120 NGN | 21.3% | 8.0% | 29.3% | 31% | 53,030 USD |
| Netherlands | 66,928 EUR | 12.9% | 16.1% | 29.0% | 50% | 53,257 USD |
| Japan | 11,869,088 JPY | 17.1% | 11.6% | 28.6% | 37% | 53,529 USD |
| India | 7,254,808 INR | 27.3% | 0.3% | 27.6% | 34% | 54,270 USD |
| Ireland | 66,928 EUR | 20.9% | 6.5% | 27.4% | 47% | 54,439 USD |
| New Zealand | 133,596 NZD | 25.4% | 1.8% | 27.2% | 35% | 54,620 USD |
| Sweden | 747,423 SEK | 20.6% | 6.3% | 26.9% | 52% | 54,824 USD |
| Brazil | 375,375 BRL | 23.4% | 3.4% | 26.8% | 27% | 54,875 USD |
| Mexico | 1,365,005 MXN | 24.6% | 2.1% | 26.8% | 32% | 54,929 USD |
| Canada | 106,697 CAD | 20.7% | 5.4% | 26.2% | 31% | 55,387 USD |
| Norway | 717,172 NOK | 18.0% | 7.6% | 25.6% | 34% | 55,805 USD |
| United Kingdom | 56,731 GBP | 17.8% | 5.5% | 23.4% | 42% | 57,457 USD |
| Singapore | 96,029 SGD | 3.2% | 20.0% | 23.2% | 7% | 57,616 USD |
| Australia | 107,434 AUD | 21.2% | 2.0% | 23.2% | 32% | 57,618 USD |
| Thailand | 2,514,769 THB | 18.6% | 0.4% | 19.0% | 30% | 60,721 USD |
| United States | 75,000 USD | 10.2% | 7.6% | 17.9% | 30% | 61,592 USD |
| Switzerland | 62,330 CHF | 8.1% | 9.3% | 17.4% | 27% | 61,940 USD |
| Hong Kong | 588,569 HKD | 9.2% | 3.1% | 12.3% | 17% | 65,781 USD |
| United Arab Emirates | 275,437 AED | 0.0% | 0.0% | 0.0% | 0% | 75,000 USD |
Marginal rate = the share of a 1% raise that goes to tax and social security. Click a column to sort.
How tax rises with income
Total tax rate on salaries from zero to four times the amount above. Steep curves mean progressive systems; flat ones mean a flat tax or a cap on social security.
More: the salary around the world calculator adds buying power and your rank in each country, and the lowest-tax countries to live in covers zero-tax places and special regimes for newcomers.
Employment taxes by country: what workers and employers pay
Taxes on a job come from two sides. The worker pays income tax and their own social security contributions; the employer pays its share of social security (payroll tax) on top of the salary. The OECD’s tax wedge adds them up as a share of the employer’s total cost, for a single person without children on the national average wage.
Income taxEmployee social securityEmployer social security
Employers pay the most on top of wages in France (36% of the gross wage), Czechia (34%) and Estonia (34%). In Norway the employer’s contribution (arbeidsgiveravgift) works out at 13% of the gross wage at the average wage, while Denmark (1%) and New Zealand (0%) charge employers almost nothing and collect more through income tax instead.
Single worker, 100% of the average wage, 2025. Source: OECD, Taxing Wages 2026. The OECD average is 35.1%. Colombia shows 0% because its compulsory pension and health contributions go to funds outside the OECD’s definition of tax. Employer contributions are derived from the OECD’s tax wedge and employee figures; statutory rates can differ (in Norway 14.1% in most of the country, lower in some regions).
Show the table: average wage, tax wedge and what the employee pays
| Country | Average wage | Tax wedge | Employee pays (income tax + social security) | Employer social security (% of gross wage) |
|---|---|---|---|---|
| Belgium | 62,348 EUR | 52.5% | 39.5% | 27.4% |
| Germany | 66,700 EUR | 49.3% | 38.7% | 20.9% |
| France | 45,964 EUR | 47.2% | 28.0% | 36.4% |
| Austria | 63,054 EUR | 47.1% | 32.5% | 27.6% |
| Italy | 36,594 EUR | 45.8% | 28.6% | 31.7% |
| Slovenia | 30,135 EUR | 45.3% | 36.2% | 16.6% |
| Slovakia | 19,590 EUR | 42.7% | 24.3% | 32.1% |
| Estonia | 25,603 EUR | 42.6% | 23.2% | 33.8% |
| Finland | 55,462 EUR | 42.5% | 30.7% | 20.5% |
| Spain | 32,678 EUR | 41.4% | 23.5% | 30.5% |
| Hungary | 8,455,487 HUF | 41.2% | 33.5% | 13.1% |
| Czechia | 584,744 CZK | 41.2% | 21.3% | 33.8% |
| Sweden | 557,053 SEK | 41.1% | 22.6% | 31.4% |
| Turkey | 833,120 TRY | 40.3% | 29.3% | 18.4% |
| Luxembourg | 77,844 EUR | 40.2% | 32.0% | 13.7% |
| Latvia | 21,321 EUR | 40.1% | 26.0% | 23.5% |
| Lithuania | 28,474 EUR | 39.8% | 38.7% | 1.8% |
| Portugal | 24,254 EUR | 39.3% | 24.9% | 23.7% |
| Greece | 26,563 EUR | 39.3% | 26.1% | 21.7% |
| Norway | 801,695 NOK | 36.4% | 28.1% | 13.1% |
| Netherlands | 69,028 EUR | 35.9% | 27.9% | 12.5% |
| Denmark | 537,071 DKK | 35.8% | 35.3% | 0.8% |
| Poland | 105,738 PLN | 35.0% | 24.4% | 16.3% |
| Japan | 5,703,038 JPY | 33.1% | 22.6% | 15.7% |
| Ireland | 60,258 EUR | 32.6% | 25.1% | 11.1% |
| United Kingdom | 55,983 GBP | 32.4% | 23.1% | 13.8% |
| Canada | 92,401 CAD | 32.1% | 25.6% | 9.6% |
| Iceland | 12,433,527 ISK | 31.5% | 27.2% | 6.3% |
| United States | 73,520 USD | 30.0% | 24.3% | 8.1% |
| Australia | 108,674 AUD | 27.9% | 23.5% | 6.1% |
| Costa Rica | 10,340,494 CRC | 27.7% | 9.8% | 24.8% |
| South Korea | 56,749,797 KRW | 24.8% | 16.5% | 11.0% |
| Switzerland | 100,715 CHF | 23.0% | 18.1% | 6.4% |
| Mexico | 219,608 MXN | 21.7% | 13.2% | 10.9% |
| New Zealand | 83,073 NZD | 20.8% | 20.8% | 0.0% |
| Chile | 14,201,852 CLP | 7.5% | 7.1% | 0.4% |
| Colombia | 31,542,293 COP | 0.0% | 0.0% | 0.0% |
Which countries have the highest taxes overall?
Total tax revenue as a share of GDP adds up every tax a country collects, including social security contributions, VAT and corporate tax. It is the standard measure of a country’s overall tax level.
Highest
Lowest
Low numbers in poorer countries usually reflect a small formal economy rather than low tax rates. Norway’s figure includes petroleum taxes; Ireland’s is low partly because multinational profits inflate its GDP.
Tax revenue including social security contributions, % of GDP, latest year (2023–2024). Sources: OECD Revenue Statistics 2025 and the OECD Global Revenue Statistics Database; Cyprus from Eurostat. Not covered: Algeria, Ethiopia, India, Iran, Nepal, Russia, Taiwan, Tanzania, United Arab Emirates.
Every tax at a glance
Headline rates for 2026 in 77 countries. Click a column to sort; country names link to the wealth and income figures for that country.
| Country | Top income tax | Corporate tax | VAT / sales tax | Dividends | Capital gains (shares) | Wealth tax | Inheritance tax | Tax / GDP | ITCI rank |
|---|---|---|---|---|---|---|---|---|---|
| Algeria | – | 26% | 19% | 15% | 15% | Yes | 5% | – | – |
| Argentina | 35% | 35% | 21% | 7% | 0% | Yes | Yes | 27.6% | – |
| Australia | 45% | 30% | 10% | 24.3% | 23.5% | No | No | 29.9% | 8 |
| Austria | 55% | 23% | 20% | 27.5% | 27.5% | No | No | 43.4% | 18 |
| Bangladesh | 30% | 27.5% | 15% | 15% | 15% | No | No | 6.7% | – |
| Belgium | 53.5% | 25% | 21% | 30% | 10% | No | 30% | 42.6% | 27 |
| Brazil | 27.5% | 34% | – | 10% | 15% | No | 8% | 33.7% | – |
| Bulgaria | 10% | 10% | 20% | 5% | 10% | No | Children exempt | 30.5% | – |
| Cambodia | 20% | 20% | 10% | – | 20% | – | No | 13% | – |
| Canada | 33% | 26% | 5% | 39.3% | 26.8% | No | No | 34.9% | 15 |
| Chile | 40% | 27% | 19% | 40% | 40% | No | 25% | 20.5% | 24 |
| China | 45% | 25% | 13% | 20% | 0% | No | No | 19.5% | – |
| Colombia | 39% | 35% | 19% | 20% | 15% | Yes | 15% | 19.9% | 37 |
| Costa Rica | 25% | 30% | 13% | 15% | 15% | – | No | 24.8% | 14 |
| Croatia | 33% | 18% | 25% | 12% | 12% | No | Children exempt | 38.4% | – |
| Cyprus | 35% | 15% | 19% | 5% | 0% | No | No | 37.6% | – |
| Czechia | 23% | 21% | 21% | 23% | 0% | No | No | 34% | 7 |
| Côte d’Ivoire | 32% | 25% | 18% | – | – | – | – | 13.9% | – |
| Denmark | 60.5% | 22% | 25% | 42% | 42% | No | 15% | 45.2% | 31 |
| Egypt | 27.5% | 22.5% | 14% | 5% | 10% | No | No | 13% | – |
| Estonia | 22% | 22% | 24% | 0% | 22% | No | No | 35.2% | 1 |
| Ethiopia | 35% | 30% | 15% | 15% | 15% | No | No | – | – |
| Finland | 45% | 20% | 25.5% | 28.9% | 34% | No | 19% | 42.2% | 22 |
| France | 55.4% | 25.8% | 20% | 34% | 34% | No | 45% | 43.5% | 38 |
| Germany | 47.5% | 30.1% | 19% | 26.4% | 26.4% | No | 30% | 38% | 19 |
| Ghana | 35% | 25% | 20% | 8% | 25% | – | No | 14.6% | – |
| Greece | 44% | 22% | 24% | 5% | 0% | No | 10% | 39.8% | 23 |
| Hong Kong | 16% | 16.5% | 0% | 0% | 0% | No | No | 13.1% | – |
| Hungary | 15% | 9% | 27% | 15% | 15% | No | Children exempt | 34.4% | 10 |
| Iceland | 46.3% | 20% | 24% | 22% | 22% | No | 10% | 36.9% | 34 |
| India | 39% | 30% | 18% | 35.9% | 14.9% | No | No | – | – |
| Indonesia | 35% | 22% | 12% | 10% | 0.1% | No | No | 11.8% | – |
| Iran | – | 25% | 10% | – | – | – | – | – | – |
| Ireland | 48% | 12.5% | 23% | 51% | 33% | No | 33% | 21.7% | 29 |
| Italy | 47.2% | 27.8% | 22% | 26% | 26% | No | 4% | 42.8% | 36 |
| Japan | 45% | 29.7% | 10% | 20.3% | 20.3% | No | 55% | 33.7% | 28 |
| Kenya | 35% | 30% | 16% | 5% | 15% | – | – | 15.6% | – |
| Latvia | 36% | 20% | 21% | 0% | 28.5% | No | No | 34.9% | 2 |
| Lithuania | 32% | 17% | 21% | 15% | 20% | No | Children exempt | 33.1% | 5 |
| Luxembourg | 45.8% | 23.9% | 17% | 21% | 0% | No | Children exempt | 41.5% | 6 |
| Malaysia | 30% | 24% | 10% | 2% | 0% | No | No | 13% | – |
| Malta | 35% | 35% | 18% | 0% | 0% | No | No | 28.7% | – |
| Mexico | 35% | 30% | 16% | 17.1% | 10% | No | No | 18.3% | 21 |
| Morocco | 37% | 35% | 20% | 12.5% | 15% | – | – | 30.4% | – |
| Nepal | – | 25% | 13% | – | 7.5% | – | – | – | – |
| Netherlands | 49.5% | 25.8% | 21% | 36% | 36% | No | 20% | 38.5% | 16 |
| New Zealand | 39% | 28% | 15% | 15.3% | 0% | – | No | 32.9% | 3 |
| Niger | – | 30% | 19% | – | – | – | – | 7.2% | – |
| Nigeria | 25% | 30% | 7.5% | 10% | 25% | No | No | 8.2% | – |
| Norway | 39.6% | 22% | 25% | 37.8% | 37.8% | Yes | No | 40.2% | 20 |
| Pakistan | 35% | 29% | 18% | 15% | 15% | – | No | 10.5% | – |
| Peru | 30% | 29.5% | 18% | 5% | 5% | – | – | 16.3% | – |
| Philippines | 35% | 25% | 12% | 10% | 0.1% | – | 6% | 18.1% | – |
| Poland | 36% | 19% | 23% | 19% | 19% | No | Children exempt | 36.6% | 32 |
| Portugal | 53% | 29.5% | 23% | 28% | 19.6% | No | Children exempt | 35.1% | 33 |
| Romania | 10% | 16% | 21% | 16% | 3% | No | No | 26.7% | – |
| Russia | 22% | 25% | 22% | 15% | 15% | No | No | – | – |
| Rwanda | 30% | 28% | 18% | 15% | 0% | No | No | 16% | – |
| Senegal | 43% | 30% | 18% | – | – | No | No | 19.3% | – |
| Singapore | 24% | 17% | 9% | 0% | 0% | No | No | 13.4% | – |
| Slovakia | 35% | 24% | 23% | 7% | 0% | No | No | 35.6% | 12 |
| Slovenia | 50% | 22% | 22% | 25% | 0% | No | Children exempt | 38.3% | 25 |
| South Africa | 45% | 27% | 15% | 20% | 18% | No | 25% | 26.5% | – |
| South Korea | 45% | 27.5% | 10% | 44.5% | 0% | No | 50% | 25.3% | 26 |
| Spain | 54% | 25% | 21% | 30% | 30% | Yes | 34% | 36.7% | 35 |
| Sweden | 52.3% | 20.6% | 25% | 30% | 30% | No | No | 41.4% | 13 |
| Switzerland | 39.7% | 19.6% | 8.1% | 22.2% | 0% | Yes | Children exempt | 27.2% | 4 |
| Taiwan | 40% | 20% | 5% | 28% | 0% | No | 20% | – | – |
| Tanzania | 30% | 30% | 18% | 5% | 0% | No | No | – | – |
| Thailand | 35% | 20% | 7% | 10% | 0% | No | 5% | 17.1% | – |
| Turkey | 40.8% | 25% | 20% | 20% | 0% | No | 10% | 24% | 9 |
| Uganda | 40% | 30% | 18% | 10% | 0% | – | No | 12.7% | – |
| United Arab Emirates | 0% | 9% | 5% | 0% | 0% | No | No | – | – |
| United Kingdom | 45% | 25% | 20% | 39.4% | 24% | No | 40% | 34.4% | 30 |
| United States | 37% | 25.6% | – | 23.8% | 23.8% | No | 40% | 25.6% | 17 |
| Uruguay | 36% | 25% | 22% | – | 12% | Yes | No | 27.3% | – |
| Vietnam | 35% | 20% | 10% | 5% | 0.1% | No | 10% | 17.2% | – |
Top income tax: in Europe the combined top rate on salaries including local taxes (Tax Foundation); elsewhere the headline national rate (PwC), with state or local taxes on top in countries such as the United States, Canada, Japan and South Korea. Corporate tax: combined statutory rate. VAT: standard rate. Dividends and capital gains: top rate for individuals on listed shares. Inheritance tax: top rate for children where one applies. ITCI: Tax Foundation’s International Tax Competitiveness Index 2026, OECD countries only. A dash means no reliable figure.
Which tax system is the most competitive?
Tax Foundation’s International Tax Competitiveness Index scores the 38 OECD tax systems on how they tax companies, people, consumption, property and cross-border income: lower and simpler taxes with fewer distortions score higher. It is a ranking of tax design, not of how much tax people pay.
Estonia ranks first mainly because companies pay no tax on profits they keep in the business, and personal income is taxed at one flat rate. A good rank does not mean low taxes: Estonia collects 35.2% of GDP in tax, above the OECD average of 34.1%, while France, in last place, collects 43.5%. Norway ranks 20th.
Score from 0 to 100, with the best-scoring country at 100; ranks are the official ones. Israel (11th, 75.1) is in the index but not on this site. Source: Tax Foundation, International Tax Competitiveness Index 2026.
Show the ranks for each part of the tax system
| # | Country | Score | Corporate | Individual | Consumption | Property | Cross-border |
|---|---|---|---|---|---|---|---|
| 1 | Estonia | 100.0 | 2 | 1 | 24 | 1 | 7 |
| 2 | Latvia | 92.5 | 1 | 8 | 22 | 4 | 6 |
| 3 | New Zealand | 88.2 | 31 | 7 | 1 | 8 | 14 |
| 4 | Switzerland | 86.8 | 7 | 9 | 4 | 36 | 2 |
| 5 | Lithuania | 82.6 | 3 | 10 | 23 | 6 | 16 |
| 6 | Luxembourg | 81.9 | 20 | 21 | 7 | 15 | 5 |
| 7 | Czechia | 79.4 | 9 | 4 | 32 | 5 | 11 |
| 8 | Australia | 78.9 | 29 | 14 | 9 | 3 | 23 |
| 9 | Turkey | 76.0 | 21 | 6 | 15 | 22 | 8 |
| 10 | Hungary | 75.6 | 5 | 3 | 38 | 23 | 4 |
| 12 | Slovakia | 74.7 | 24 | 2 | 33 | 7 | 17 |
| 13 | Sweden | 74.6 | 6 | 18 | 26 | 9 | 12 |
| 14 | Costa Rica | 73.3 | 35 | 13 | 6 | 11 | 29 |
| 15 | Canada | 72.2 | 17 | 28 | 8 | 25 | 28 |
| 16 | Netherlands | 71.6 | 23 | 30 | 14 | 20 | 3 |
| 17 | United States | 71.2 | 8 | 17 | 3 | 27 | 37 |
| 18 | Austria | 70.9 | 18 | 27 | 17 | 17 | 10 |
| 19 | Germany | 69.2 | 30 | 34 | 13 | 12 | 9 |
| 20 | Norway | 67.5 | 15 | 29 | 27 | 16 | 15 |
| 21 | Mexico | 66.9 | 28 | 26 | 12 | 2 | 38 |
| 22 | Finland | 66.2 | 10 | 24 | 28 | 21 | 24 |
| 23 | Greece | 65.9 | 22 | 5 | 29 | 30 | 19 |
| 24 | Chile | 65.2 | 32 | 23 | 10 | 13 | 36 |
| 25 | Slovenia | 64.5 | 14 | 12 | 30 | 24 | 30 |
| 26 | South Korea | 63.8 | 26 | 38 | 2 | 31 | 34 |
| 27 | Belgium | 63.5 | 16 | 15 | 25 | 28 | 21 |
| 28 | Japan | 62.3 | 36 | 35 | 5 | 26 | 31 |
| 29 | Ireland | 62.2 | 4 | 36 | 35 | 18 | 27 |
| 30 | United Kingdom | 61.9 | 25 | 22 | 34 | 33 | 1 |
| 31 | Denmark | 61.6 | 19 | 37 | 20 | 14 | 32 |
| 32 | Poland | 61.2 | 12 | 11 | 36 | 29 | 25 |
| 33 | Portugal | 59.6 | 34 | 19 | 21 | 19 | 33 |
| 34 | Iceland | 59.0 | 13 | 32 | 19 | 34 | 26 |
| 35 | Spain | 57.5 | 33 | 20 | 18 | 35 | 20 |
| 36 | Italy | 50.8 | 27 | 16 | 37 | 38 | 22 |
| 37 | Colombia | 47.3 | 37 | 25 | 16 | 37 | 35 |
| 38 | France | 45.7 | 38 | 33 | 31 | 32 | 13 |
VAT and sales tax
The standard rate of value-added tax (or GST) on most goods and services. Many countries have lower rates for food, books or transport.
Highest
Lowest
The United States has no national VAT: states and cities charge sales tax instead, 7.53% on average. Hong Kong has no VAT at all.
Corporate tax
The statutory tax rate on company profits, including local taxes where they apply. Since 2024, the OECD’s global minimum tax lets countries top up the tax of large multinationals (revenue above €750 million) to at least 15%.
Highest
Lowest
Tax on dividends, capital gains, wealth and inheritance
For savers and investors, these taxes can matter more than the income tax rate.
Highest top tax rate on dividends
Lowest (above zero)
No personal tax on dividends: Estonia, Hong Kong, Latvia, Malta, Singapore, United Arab Emirates. Estonia and Latvia tax the company instead when it pays out profits, and Malta credits the company’s tax in full. Cyprus charges 5% on dividends paid from profits earned from 2026 and 17% on older profits.
Countries with an annual wealth tax
- Algeria: 0.15–1% on net assets above DZD 100 million.
- Argentina: Bienes personales: 0.5–1% on worldwide assets above ARS 384.7 million, falling to 0.25% by 2027.
- Colombia: 0.5–1.5% on net wealth above 72,000 UVT (about COP 3.8 billion).
- Norway: 1.0% of net wealth above NOK 1.9 million and 1.1% above NOK 21.5 million (thresholds doubled for married couples).
- Spain: Regional rates of 0.16–3.5% (several regions give full relief below €3 million), plus a national solidarity tax of 1.7–3.5% above €3 million.
- Switzerland: Every canton taxes net wealth each year; rates and allowances vary by canton (in Zurich the basic rates run from 0.05% to 0.3% before cantonal and municipal multipliers).
- Uruguay: 0.1% for residents on net wealth located in Uruguay above about USD 160,000.
Some countries tax parts of wealth: France taxes real estate above €1.3 million (0.5–1.5%), Belgium charges 0.15% a year on securities accounts above €1 million, Italy taxes foreign financial assets and property, and the Netherlands taxes a deemed return on savings and investments.
Where children inherit tax-free
Of the 70 countries with data, these have no inheritance or estate tax, or exempt children from it: Australia, Austria, Bangladesh, Bulgaria, Cambodia, Canada, China, Costa Rica, Croatia, Cyprus, Czechia, Egypt, Estonia, Ethiopia, Ghana, Hong Kong, Hungary, India, Indonesia, Latvia, Lithuania, Luxembourg, Malaysia, Malta, Mexico, New Zealand, Nigeria, Norway, Pakistan, Poland, Portugal, Romania, Russia, Rwanda, Senegal, Singapore, Slovakia, Slovenia, Sweden, Switzerland (most cantons), Tanzania, Uganda, United Arab Emirates, Uruguay.
No inheritance tax is not always tax-free: Canada taxes unrealised capital gains at death, and in Australia and several other countries the heir pays capital gains tax on the full gain when selling. In Norway heirs take over the original cost of shares and most other assets; homes and cabins that could have been sold tax-free get market value instead.
How the numbers are made
Tax on a salary is calculated with each country’s 2026 rules for a single employee with no children and standard deductions: income tax (national and local) plus the employee’s compulsory social security contributions. Employer contributions are not included. Local taxes use one region per country (the United States: no state income tax, as in Texas or Florida; Switzerland: the city of Zurich; Canada: Ontario). Switzerland includes the compulsory occupational pension and Singapore the employee’s CPF contribution, which are partly the employee’s own savings.
The tax wedge and tax revenue as a share of GDP are the OECD’s own figures, not our calculations. The OECD includes employer contributions and, for the United States, average state and local income taxes, so its numbers are higher than the calculator above.
Headline rates (corporate tax, VAT, dividends, capital gains, inheritance and wealth taxes) come from Tax Foundation, PwC Worldwide Tax Summaries, the OECD and national tax authorities, one source per value, checked 2026-10-20. They are top statutory rates; what people pay depends on allowances, exemptions and their situation.
This page is general information, not tax advice.
Questions
Which country has the highest taxes?
Denmark collects the most tax relative to the size of its economy among OECD countries (45.2% of GDP), followed by France and Austria. Of the countries here, the highest top income tax rate is in Denmark (60.5%).
Which country has the lowest taxes?
The United Arab Emirates, Monaco, Qatar, Kuwait, Bahrain and a few Caribbean islands have no personal income tax. Among OECD countries, Mexico has the lowest overall tax level (18.3% of GDP).
Are taxes higher in Europe than in the United States?
Yes, overall. Tax revenue is 25.6% of GDP in the United States against an OECD average of 34.1%, and 21 of the 31 European countries collect more than 35%. The difference is largest in social security contributions and VAT: the United States has no national VAT.
Does Norway have high taxes?
Norway collects 40.2% of GDP in tax (including petroleum taxes), the 9th highest in the OECD and above the average of 34.1%; Denmark is highest at 45.2%. On a salary of 600,000 kroner the employee pays about 24% in income tax and social security. With Spain and Switzerland, Norway is one of three countries in the EU and European OECD with an annual tax on net wealth.
What is the difference between the average and the marginal tax rate?
The average rate is total tax divided by total income. The marginal rate is the tax on the next unit of income, which is what matters for a raise or extra hours. In progressive systems the marginal rate is well above the average.
Sources
Salary tax: each country’s 2026 tax rules, with sources listed on salary around the world. Top income tax rates: Tax Foundation (Europe) and PwC Worldwide Tax Summaries. Tax levels and the tax wedge: OECD Revenue Statistics 2025, the OECD Global Revenue Statistics Database and Taxing Wages 2026. Competitiveness: Tax Foundation, International Tax Competitiveness Index 2026. Other rates: Tax Foundation, PwC, the OECD, EY and national tax authorities.
All 135 sources, one per figure
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- PwC Worldwide Tax Summaries - Algeria: Individual - Other taxes
- PwC Worldwide Tax Summaries - Argentina: Individual - Income determination
- PwC Worldwide Tax Summaries - Argentina: Individual - Other taxes
- PwC Worldwide Tax Summaries - Australia: Individual - Income determination
- PwC Worldwide Tax Summaries - Australia: Individual - Other taxes
- PwC Worldwide Tax Summaries - Bangladesh: Individual - Income determination
- PwC Worldwide Tax Summaries - Bangladesh: Individual - Other taxes
- PwC Worldwide Tax Summaries - Brazil: Individual - Income determination
- PwC Worldwide Tax Summaries - Brazil: Individual - Other taxes
- PwC Worldwide Tax Summaries - Cambodia: Individual - Taxes on personal income
- PwC Worldwide Tax Summaries - Canada: Individual - Other taxes
- PwC Worldwide Tax Summaries - Canada: Individual - Taxes on personal income
- PwC Worldwide Tax Summaries - Chile: Individual - Other taxes
- PwC Worldwide Tax Summaries - China: Individual - Other taxes
- PwC Worldwide Tax Summaries - China: Individual - Taxes on personal income
- PwC Worldwide Tax Summaries - Colombia: Individual - Other taxes
- PwC Worldwide Tax Summaries - Colombia: Individual - Taxes on personal income
- PwC Worldwide Tax Summaries - Costa Rica: Individual - Income determination
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- PwC Worldwide Tax Summaries - Croatia: Individual - Other taxes
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- PwC Worldwide Tax Summaries - Denmark: Individual - Other taxes
- PwC Worldwide Tax Summaries - Egypt: Individual - Income determination
- PwC Worldwide Tax Summaries - Egypt: Individual - Other taxes
- PwC Worldwide Tax Summaries - Ethiopia: Individual - Income determination
- PwC Worldwide Tax Summaries - Ethiopia: Individual - Other taxes
- PwC Worldwide Tax Summaries - Finland: Individual - Other taxes
- PwC Worldwide Tax Summaries - Germany: Individual - Other taxes
- PwC Worldwide Tax Summaries - Ghana: Individual - Income determination
- PwC Worldwide Tax Summaries - Ghana: Individual - Other taxes
- PwC Worldwide Tax Summaries - Greece: Individual - Other taxes
- PwC Worldwide Tax Summaries - Hong Kong: Individual - Income determination
- PwC Worldwide Tax Summaries - Hong Kong: Individual - Other taxes
- PwC Worldwide Tax Summaries - Iceland: Individual - Other taxes
- PwC Worldwide Tax Summaries - India: Individual - Other taxes
- PwC Worldwide Tax Summaries - India: Individual - Taxes on personal income
- PwC Worldwide Tax Summaries - Indonesia: Individual - Income determination
- PwC Worldwide Tax Summaries - Indonesia: Individual - Other taxes
- PwC Worldwide Tax Summaries - Ireland: Individual - Other taxes
- PwC Worldwide Tax Summaries - Italy: Individual - Other taxes
- PwC Worldwide Tax Summaries - Japan: Individual - Income determination
- PwC Worldwide Tax Summaries - Japan: Individual - Other taxes
- PwC Worldwide Tax Summaries - Kenya: Corporate - Withholding taxes
- PwC Worldwide Tax Summaries - Lithuania: Individual - Other taxes
- PwC Worldwide Tax Summaries - Luxembourg: Individual - Other taxes
- PwC Worldwide Tax Summaries - Malaysia: Individual - Income determination
- PwC Worldwide Tax Summaries - Malaysia: Individual - Other taxes
- PwC Worldwide Tax Summaries - Mexico: Individual - Income determination
- PwC Worldwide Tax Summaries - Mexico: Individual - Other taxes
- PwC Worldwide Tax Summaries - Morocco: Individual - Income determination
- PwC Worldwide Tax Summaries - New Zealand: Individual - Income determination
- PwC Worldwide Tax Summaries - New Zealand: Individual - Taxes on personal income
- PwC Worldwide Tax Summaries - Nigeria: Corporate - Withholding taxes
- PwC Worldwide Tax Summaries - Nigeria: Individual - Income determination
- PwC Worldwide Tax Summaries - Nigeria: Individual - Other taxes
- PwC Worldwide Tax Summaries - Norway: Individual - Other taxes
- PwC Worldwide Tax Summaries - Pakistan: Individual - Income determination
- PwC Worldwide Tax Summaries - Pakistan: Individual - Other taxes
- PwC Worldwide Tax Summaries - Peru: Individual - Income determination
- PwC Worldwide Tax Summaries - Philippines: Individual - Income determination
- PwC Worldwide Tax Summaries - Poland: Individual - Other taxes
- PwC Worldwide Tax Summaries - Portugal: Individual - Other taxes
- PwC Worldwide Tax Summaries - Quick Charts: Capital gains tax (CGT) rates
- PwC Worldwide Tax Summaries - Quick Charts: Inheritance and gift tax rates
- PwC Worldwide Tax Summaries - Romania: Individual - Income determination
- PwC Worldwide Tax Summaries - Russia: Individual - Other taxes
- PwC Worldwide Tax Summaries - Rwanda: Individual - Income determination
- PwC Worldwide Tax Summaries - Rwanda: Individual - Other taxes
- PwC Worldwide Tax Summaries - Senegal: Individual - Other taxes
- PwC Worldwide Tax Summaries - Singapore: Individual - Income determination
- PwC Worldwide Tax Summaries - Singapore: Individual - Other taxes
- PwC Worldwide Tax Summaries - South Africa: Individual - Income determination
- PwC Worldwide Tax Summaries - South Africa: Individual - Other taxes
- PwC Worldwide Tax Summaries - South Korea: Individual - Income determination
- PwC Worldwide Tax Summaries - South Korea: Individual - Other taxes
- PwC Worldwide Tax Summaries - Spain: Individual - Other taxes
- PwC Worldwide Tax Summaries - Sweden: Individual - Other taxes
- PwC Worldwide Tax Summaries - Switzerland: Individual - Other taxes
- PwC Worldwide Tax Summaries - Taiwan: Individual - Other taxes
- PwC Worldwide Tax Summaries - Tanzania: Individual - Income determination
- PwC Worldwide Tax Summaries - Tanzania: Individual - Other taxes
- PwC Worldwide Tax Summaries - Thailand: Individual - Income determination
- PwC Worldwide Tax Summaries - Thailand: Individual - Other taxes
- PwC Worldwide Tax Summaries - Turkey: Individual - Other taxes
- PwC Worldwide Tax Summaries - USA: Individual - Other taxes
- PwC Worldwide Tax Summaries - USA: Individual - Taxes on personal income
- PwC Worldwide Tax Summaries - Uganda: Individual - Income determination
- PwC Worldwide Tax Summaries - Uganda: Individual - Taxes on personal income
- PwC Worldwide Tax Summaries - United Arab Emirates: Individual - Other taxes
- PwC Worldwide Tax Summaries - United Arab Emirates: Individual - Taxes on personal income
- PwC Worldwide Tax Summaries - Uruguay: Individual - Income determination
- PwC Worldwide Tax Summaries - Uruguay: Individual - Other taxes
- PwC Worldwide Tax Summaries - Vietnam: Individual - Other taxes
- PwC Worldwide Tax Summaries - Vietnam: Individual - Taxes on personal income
- PwC Worldwide Tax Summaries, Canada: Other taxes (last reviewed 12 June 2026)
- PwC Worldwide Tax Summaries, Indonesia: Other taxes (last reviewed 11 June 2026)
- PwC Worldwide Tax Summaries, Korea: Taxes on corporate income (last reviewed 4 June 2026)
- PwC Worldwide Tax Summaries, Portugal: Taxes on corporate income (last reviewed 24 July 2026)
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