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France Overtakes Denmark for Top Spot in Most Taxes as Percent of GDP

by Mike ‘Mish’ Shedlock
Mish Talk

Congratulations are in order. France just topped Denmark as the most taxed nation.

The OECD reports Tax Revenues Rise.

The 2018 edition of the OECD’s annual Revenue Statistics publication shows that the OECD average tax-to-GDP ratio rose slightly in 2017, to 34.2%, compared to 34.0% in 2016. The OECD average is now higher than at any previous point, including its earlier peaks of 33.8% in 2000 and 33.6% in 2007.

France Overtakes Denmark

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