Highest Taxed Countries 2024

1.	Ivory Coast	60%
2.	Finland	56%
3.	Japan	55%
4.	Austria	55%
5.	Denmark	55%
6.	Sweden	52%
7.	Aruba	52%
8.	Belgium	50%
9.	Israel	50%
10.	Slovenia	50%
11.	Netherlands	49%
12.	Portugal	48%
13.	Ireland	48%
14.	Spain	47%
15.	Iceland	46%
16.	China	45%
17.	Germany	45%
18.	United Kingdom	45%
19.	France	45%
20.	South Africa	45%
21.	South Korea	45%
22.	Australia	45%
23.	Luxembourg	45%
24.	Greece	44%
25.	Italy	43%
26.	India	42%
27.	Papua New Guinea	42%
28.	Turkey	40%
29.	Uganda	40%
30.	Taiwan	40%
31.	Chile	40%
32.	Senegal	40%
33.	Zimbabwe	40%
34.	Guinea	40%
35.	Switzerland	40%
36.	Republic of the Congo	40%
37.	Mauritania	40%
38.	Colombia	39%
39.	New Zealand	39%
40.	Morocco	38%
41.	Norway	38%
42.	Suriname	38%
43.	United States	37%
44.	Zambia	37%
45.	Namibia	37%
46.	Uruguay	36%
47.	Pakistan	35%
48.	Mexico	35%
49.	Ethiopia	35%
50.	Philippines	35%
51.	Vietnam	35%
52.	Thailand	35%
53.	Argentina	35%
54.	Algeria	35%
55.	Cameroon	35%
56.	Ecuador	35%
57.	Tunisia	35%
58.	Gabon	35%
59.	Equatorial Guinea	35%
60.	Cyprus	35%
61.	Malta	35%
62.	Venezuela	34%
63.	Canada	33%
64.	Puerto Rico	33%
65.	Poland	32%
66.	Mozambique	32%
67.	Latvia	31%
68.	Indonesia	30%
69.	Tanzania	30%
70.	Kenya	30%
71.	Peru	30%
72.	Malaysia	30%
73.	Ghana	30%
74.	Malawi	30%
75.	Chad	30%
76.	Rwanda	30%
77.	Jordan	30%
78.	Nicaragua	30%
79.	El Salvador	30%
80.	Croatia	30%
81.	Jamaica	30%
82.	Gambia	30%
83.	Lesotho	30%
84.	Barbados	28%
85.	Brazil	27%
86.	Samoa	27%
87.	Bangladesh	25%
88.	Egypt	25%
89.	Myanmar	25%
90.	Angola	25%
91.	Dominican Republic	25%
92.	Honduras	25%
93.	Azerbaijan	25%
94.	Laos	25%
95.	Slovakia	25%
96.	Lebanon	25%
97.	Costa Rica	25%
98.	Panama	25%
99.	Botswana	25%
100.	Trinidad and Tobago	25%
101.	Nigeria	24%
102.	Sri Lanka	24%
103.	Czech Republic	23%
104.	Albania	23%
105.	Syria	22%
106.	Singapore	22%
107.	Armenia	22%
108.	Liechtenstein	22%
109.	Afghanistan	20%
110.	Madagascar	20%
111.	Cambodia	20%
112.	Georgia	20%
113.	Lithuania	20%
114.	Estonia	20%
115.	Fiji	20%
116.	Isle Of Man	20%
117.	Ukraine	18%
118.	Sudan	15%
119.	Iraq	15%
120.	Yemen	15%
121.	Hungary	15%
122.	Sierra Leone	15%
123.	Hong Kong	15%
124.	Mauritius	15%
125.	Seychelles	15%
126.	Russia	13%
127.	Bolivia	13%
128.	Tajikistan	13%
129.	Belarus	13%
130.	Uzbekistan	12%
131.	Moldova	12%
132.	Macau	12%
133.	Romania	10%
134.	Kazakhstan	10%
135.	Serbia	10%
136.	Libya	10%
137.	Bulgaria	10%
138.	Mongolia	10%
139.	Bosnia and Herzegovina	10%
140.	Montenegro	9%
141.	Guatemala	7%

Taxation Around the Globe

The question of taxing citizens' income is a complex issue that incites widespread debate in nations worldwide. An essential mechanism for governments to fund public spending on infrastructure, heath and education, the income taxation policies of a country reflect its socio-economic temperament and its commitment to providing public goods and services. Analyzing data on the top income tax rates levied across nations provides valuable insights into the intricate dynamics of global economics. Key findings from the data include:

The Ivory Coast emerges as the highest taxed country, imposing an income tax of 60%, followed by Finland, Japan, Austria, and Denmark, each with a high income tax rate pegged at 55%.
European countries dominate the top of the list, with a major chunk of taxes being channelled into robust public services, including healthcare and education.
Surprisingly, despite being one of the most populous countries with one of the world's largest economies, the United States ranks 37th in terms of highest taxation rates, with a top federal income tax rate of 37%.
By contrast, Montenegro, Guatemala, and several other nations feature at the bottom of the list, having some of the lowest income tax rates globally, ranging from just 7% to 10%.
A sizable income tax does not necessarily translate into high individual tax burdens, given the variations in tax regulations, deductions, exemptions, and the treatment of various types of income.

10 Highest Taxed Countries

The country imposing the highest income tax rate, as highlighted in our dataset, is Ivory Coast. Citizens of this West African nation navigate a sizeable income tax rate of a whopping 60%. Occupying the second rank is Finland, which has a substantially high income tax rate of 56%. Next in line are Japan, Austria, and Denmark, each imposing a hefty income tax rate of 55%. These nations effectively tie in the third position. The nation of Sweden and the island country of Aruba closely trail these countries with a weighty income tax rate of 52%. Completing the top 10 are Belgium, Israel, and Slovenia, all with income tax rates measuring half of a citizen's income at 50%. The tax structure in these nations is testament to their commitment to providing comprehensive public services. 10 Highest Taxed Countries:

Ivory Coast - 60%
Finland - 56%
Japan - 55%
Austria - 55%
Denmark - 55%
Sweden - 52%
Aruba - 52%
Belgium - 50%
Israel - 50%
Slovenia - 50%

Australia

Metric

Value

Rank

Income Tax Rate

45%

#22

Austria

Metric

Value

Rank

Income Tax Rate

55%

Azerbaijan

Metric

Value

Rank

Income Tax Rate

25%

#93

Bangladesh

Metric

Value

Rank

Income Tax Rate

25%

#87

Barbados

Metric

Value

Rank

Income Tax Rate

28%

#84

Belarus

Metric

Value

Rank

Income Tax Rate

13%

#129

Belgium

Metric

Value

Rank

Income Tax Rate

50%

Bolivia

Metric

Value

Rank

Income Tax Rate

13%

#127

Bosnia and Herzegovina

Metric

Value

Rank

Income Tax Rate

10%

#139

Botswana

Metric

Value

Rank

Income Tax Rate

25%

#99

Brazil

Metric

Value

Rank

Income Tax Rate

27%

#85

Bulgaria

Metric

Value

Rank

Income Tax Rate

10%

#137

Cambodia

Metric

Value

Rank

Income Tax Rate

20%

#111

Cameroon

Metric

Value

Rank

Income Tax Rate

35%

#55

Canada

Metric

Value

Rank

Income Tax Rate

33%

#63

Chad

Metric

Value

Rank

Income Tax Rate

30%

#75

Chile

Metric

Value

Rank

Income Tax Rate

40%

#31

China

Metric

Value

Rank

Income Tax Rate

45%

#16

Colombia

Metric

Value

Rank

Income Tax Rate

39%

#38

Costa Rica

Metric

Value

Rank

Income Tax Rate

25%

#97

Croatia

Metric

Value

Rank

Income Tax Rate

30%

#80

Cyprus

Metric

Value

Rank

Income Tax Rate

35%

#60

Czech Republic

Metric

Value

Rank

Income Tax Rate

23%

#103

Denmark

Metric

Value

Rank

Income Tax Rate

55%

Dominican Republic

Metric

Value

Rank

Income Tax Rate

25%

#91

Ecuador

Metric

Value

Rank

Income Tax Rate

35%

#56

Egypt

Metric

Value

Rank

Income Tax Rate

25%

#88

El Salvador

Metric

Value

Rank

Income Tax Rate

30%

#79

Equatorial Guinea

Metric

Value

Rank

Income Tax Rate

35%

#59

Estonia

Metric

Value

Rank

Income Tax Rate

20%

#114

Ethiopia

Metric

Value

Rank

Income Tax Rate

35%

#49

Fiji

Metric

Value

Rank

Income Tax Rate

20%

#115

Finland

Metric

Value

Rank

Income Tax Rate

56%

France

Metric

Value

Rank

Income Tax Rate

45%

#19

Gabon

Metric

Value

Rank

Income Tax Rate

35%

#58

Gambia

Metric

Value

Rank

Income Tax Rate

30%

#82

Georgia

Metric

Value

Rank

Income Tax Rate

20%

#112

Germany

Metric

Value

Rank

Income Tax Rate

45%

#17

Ghana

Metric

Value

Rank

Income Tax Rate

30%

#73

Greece

Metric

Value

Rank

Income Tax Rate

44%

#24

Guatemala

Metric

Value

Rank

Income Tax Rate

#141

Guinea

Metric

Value

Rank

Income Tax Rate

40%

#34

Honduras

Metric

Value

Rank

Income Tax Rate

25%

#92

Hong Kong

Metric

Value

Rank

Income Tax Rate

15%

#123

Hungary

Metric

Value

Rank

Income Tax Rate

15%

#121

Iceland

Metric

Value

Rank

Income Tax Rate

46%

#15

India

Metric

Value

Rank

Income Tax Rate

42%

#26

Indonesia

Metric

Value

Rank

Income Tax Rate

30%

#68

Iraq

Metric

Value

Rank

Income Tax Rate

15%

#119

Ireland

Metric

Value

Rank

Income Tax Rate

48%

#13

Isle Of Man

Metric

Value

Rank

Income Tax Rate

20%

#116

Israel

Metric

Value

Rank

Income Tax Rate

50%

Italy

Metric

Value

Rank

Income Tax Rate

43%

#25

Ivory Coast

Metric

Value

Rank

Income Tax Rate

60%

Jamaica

Metric

Value

Rank

Income Tax Rate

30%

#81

Japan

Metric

Value

Rank

Income Tax Rate

55%

Jordan

Metric

Value

Rank

Income Tax Rate

30%

#77

Kazakhstan

Metric

Value

Rank

Income Tax Rate

10%

#134

Kenya

Metric

Value

Rank

Income Tax Rate

30%

#70

Laos

Metric

Value

Rank

Income Tax Rate

25%

#94

Latvia

Metric

Value

Rank

Income Tax Rate

31%

#67

Lebanon

Metric

Value

Rank

Income Tax Rate

25%

#96

Lesotho

Metric

Value

Rank

Income Tax Rate

30%

#83

Libya

Metric

Value

Rank

Income Tax Rate

10%

#136

Liechtenstein

Metric

Value

Rank

Income Tax Rate

22%

#108

Lithuania

Metric

Value

Rank

Income Tax Rate

20%

#113

Luxembourg

Metric

Value

Rank

Income Tax Rate

45%

#23

Macau

Metric

Value

Rank

Income Tax Rate

12%

#132

Madagascar

Metric

Value

Rank

Income Tax Rate

20%

#110

Malawi

Metric

Value

Rank

Income Tax Rate

30%

#74

Malaysia

Metric

Value

Rank

Income Tax Rate

30%

#72

Malta

Metric

Value

Rank

Income Tax Rate

35%

#61

Mauritania

Metric

Value

Rank

Income Tax Rate

40%

#37

Mauritius

Metric

Value

Rank

Income Tax Rate

15%

#124

Mexico

Metric

Value

Rank

Income Tax Rate

35%

#48

Moldova

Metric

Value

Rank

Income Tax Rate

12%

#131

Mongolia

Metric

Value

Rank

Income Tax Rate

10%

#138

Montenegro

Metric

Value

Rank

Income Tax Rate

#140

Morocco

Metric

Value

Rank

Income Tax Rate

38%

#40

Mozambique

Metric

Value

Rank

Income Tax Rate

32%

#66

Myanmar

Metric

Value

Rank

Income Tax Rate

25%

#89

Namibia

Metric

Value

Rank

Income Tax Rate

37%

#45

Netherlands

Metric

Value

Rank

Income Tax Rate

49%

#11

New Zealand

Metric

Value

Rank

Income Tax Rate

39%

#39

Nicaragua

Metric

Value

Rank

Income Tax Rate

30%

#78

Nigeria

Metric

Value

Rank

Income Tax Rate

24%

#101

Norway

Metric

Value

Rank

Income Tax Rate

38%

#41

Pakistan

Metric

Value

Rank

Income Tax Rate

35%

#47

Panama

Metric

Value

Rank

Income Tax Rate

25%

#98

Papua New Guinea

Metric

Value

Rank

Income Tax Rate

42%

#27

Peru

Metric

Value

Rank

Income Tax Rate

30%

#71

Philippines

Metric

Value

Rank

Income Tax Rate

35%

#50

Poland

Metric

Value

Rank

Income Tax Rate

32%

#65

Portugal

Metric

Value

Rank

Income Tax Rate

48%

#12

Puerto Rico

Metric

Value

Rank

Income Tax Rate

33%

#64

Republic of the Congo

Metric

Value

Rank

Income Tax Rate

40%

#36

Romania

Metric

Value

Rank

Income Tax Rate

10%

#133

Russia

Metric

Value

Rank

Income Tax Rate

13%

#126

Rwanda

Metric

Value

Rank

Income Tax Rate

30%

#76

Samoa

Metric

Value

Rank

Income Tax Rate

27%

#86

Senegal

Metric

Value

Rank

Income Tax Rate

40%

#32

Serbia

Metric

Value

Rank

Income Tax Rate

10%

#135

Seychelles

Metric

Value

Rank

Income Tax Rate

15%

#125

Sierra Leone

Metric

Value

Rank

Income Tax Rate

15%

#122

Singapore

Metric

Value

Rank

Income Tax Rate

22%

#106

Slovakia

Metric

Value

Rank

Income Tax Rate

25%

#95

Slovenia

Metric

Value

Rank

Income Tax Rate

50%

#10

South Africa

Metric

Value

Rank

Income Tax Rate

45%

#20

South Korea

Metric

Value

Rank

Income Tax Rate

45%

#21

Spain

Metric

Value

Rank

Income Tax Rate

47%

#14

Sri Lanka

Metric

Value

Rank

Income Tax Rate

24%

#102

Sudan

Metric

Value

Rank

Income Tax Rate

15%

#118

Suriname

Metric

Value

Rank

Income Tax Rate

38%

#42

Sweden

Metric

Value

Rank

Income Tax Rate

52%

Switzerland

Metric

Value

Rank

Income Tax Rate

40%

#35

Syria

Metric

Value

Rank

Income Tax Rate

22%

#105

Taiwan

Metric

Value

Rank

Income Tax Rate

40%

#30

Tajikistan

Metric

Value

Rank

Income Tax Rate

13%

#128

Tanzania

Metric

Value

Rank

Income Tax Rate

30%

#69

Thailand

Metric

Value

Rank

Income Tax Rate

35%

#52

Trinidad and Tobago

Metric

Value

Rank

Income Tax Rate

25%

#100

Tunisia

Metric

Value

Rank

Income Tax Rate

35%

#57

Turkey

Metric

Value

Rank

Income Tax Rate

40%

#28

Uganda

Metric

Value

Rank

Income Tax Rate

40%

#29

Ukraine

Metric

Value

Rank

Income Tax Rate

18%

#117

United Kingdom

Metric

Value

Rank

Income Tax Rate

45%

#18

United States

Metric

Value

Rank

Income Tax Rate

37%

#43

Uruguay

Metric

Value

Rank

Income Tax Rate

36%

#46

Uzbekistan

Metric

Value

Rank

Income Tax Rate

12%

#130

Venezuela

Metric

Value

Rank

Income Tax Rate

34%

#62

Vietnam

Metric

Value

Rank

Income Tax Rate

35%

#51

Yemen

Metric

Value

Rank

Income Tax Rate

15%

#120

Zambia

Metric

Value

Rank

Income Tax Rate

37%

#44

Zimbabwe

Metric

Value

Rank

Income Tax Rate

40%

#33

Additional Tax Datasets