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OECD Publishes Revenue Statistics in Asian and Pacific Economies

26 July 2019

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OECD-Australia-Cook Isl-Fiji-Indonesia-Japan-Kazakhstan-Korea, Rep of-Malaysia-New Zealand-Papua N Guinea-Philippines-Samoa-Singapore-Solomon Isl-Thailand-Tokelau-Vanuatu

The OECD has announced the publication of the sixth edition of Revenue Statistics in Asian and Pacific Economies, which covers 17 countries, including Australia, Cook Islands, Fiji, Indonesia, Japan, Kazakhstan, Korea, Malaysia, New Zealand, Papua New Guinea, Philippines, Samoa, Singapore, Solomon Islands, Thailand, Tokelau, and Vanuatu. The key findings are as follows: --- Key findings Tax revenues as a percentage of GDP In 2017, tax-to-GDP ratios varied across the 17 economies, from 11.5% in Indonesia to 32.0% in New Zealand. Tax-to-GDP ratios in all Asian and Pacific economies in the publication were lower than the OECD average tax-to-GDP ratio of...