Estonia had a tax-to-GDP ratio of 34.7% in 2016, slightly higher than the average ratio for member states of the Organization for Economic Cooperation and Development (OECD), figures available from the organization show.
Estonia’s VAT burden was 14.9%, income tax burden 7.8%, social tax burden 11.6% and property tax burden 0.3%.
On aggregate, the average tax-to-GDP ratio for all OECD member states rose again in 2016, to 34.3%, up from 34% in 2015. On average, the OECD tax-to-GDP ratio is now higher than at any point since 1965, including prior peaks in 2000 and in 2007.
In 2016, the highest tax-to-GDP ratios were recorded in Denmark at 45.9%, France at 45.3%, and Belgium at 44.2%; the lowest, meanwhile, were recorded in Mexico at 17.2%, Chile at 20.4%, and Ireland at 23%. All but five countries – Canada, Estonia, Ireland, Luxembourg and Norway – have increased their tax-to-GDP ratio since 2009, the post-financial crisis low-point for tax revenues in the OECD.
In 2016, the largest increases in tax-to-GDP ratios were seen in Greece at 2.2%, and in the Netherlands at 1.5%. The largest decreases were seen in Austria and New Zealand at 1% each. (ERR/Business World Magazine)
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