5 Countries with Highest Tax to GDP Ratio in the World

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In this article, we will look at 5 countries with highest tax-to-GDP ratio in the world. If you want to read our detailed analysis, head straight to 25 Countries with Highest Tax-to-GDP Ratio in the World.

5. Iceland

Tax-to-GDP Ratio: 32.30%

Iceland has a tax-to-GDP ratio of 32.30% and a GDP of $28.17 billion. Iceland ranks fifth among the countries with the highest tax-to-GDP ratio in the world.

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