Denmark no longer has OECD’s highest tax revenues
Since 2002, Denmark has topped the list of countries of OECD countries with the highest overall tax revenues. But in the latest calculations by the intergovernmental economic organisation, which are based on figures from 2017, Denmark has been overtaken – by France. With an overall tax revenue of 46.2 percent of GDP, France moves above Denmark, which has a corresponding figure of 46.0 percent of GDP – down from 46.2 percent the previous year. Sweden is at 44 percent, two percentage points lower than Denmark. That is the equivalent of around 40 billion kroner and is partly due to the fact that Sweden has no vehicle registration tax. Denmark’s tax revenue has remained close to 46 percent since 2000.
- The Local -