Top Tax Rate by Country
Chad has the highest top tax rate in the world at 60.0%.
Top 5 Ranked
Chad
60.0%
Aruba
59.0%
Sweden
57.1%
Chad
60.0%
Aruba
59.0%
Sweden
57.1%
Overview
Nordic countries have some of the highest top tax rates, while Gulf states and tax havens have none or very low rates. Tax rates influence labor, investment, and migration, and progressive systems aim to reduce inequality. Special regimes attract foreign workers in some places. Tax policy is often debated and reformed. This ranking highlights the diversity of fiscal approaches worldwide.
Global Rankings
| Rank | Country | Top Tax Rate (%) | Year |
|---|---|---|---|
| 1 |
Chad
|
60.0% | 2016 |
| 2 |
Aruba
|
59.0% | 2016 |
| 3 |
Sweden
|
57.1% | 2016 |
| 4 |
Portugal
|
56.5% | 2016 |
| 5 |
Japan
|
56.0% | 2016 |
| 6 |
Denmark
|
55.8% | 2017 |
| 7 |
Austria
|
55.0% | 2016 |
| 8 |
Belgium
|
53.7% | 2016 |
| 9 |
Netherlands
|
52.0% | 2016 |
| 10 |
Finland
|
51.6% | 2016 |
| 11 |
France
|
50.2% | 2016 |
| 12 |
Zimbabwe
|
50.0% | 2016 |
| 13 |
Slovenia
|
50.0% | 2016 |
| 14 |
Israel
|
50.0% | 2016 |
| 15 |
Italy
|
48.8% | 2016 |
| 16 |
Greece
|
48.0% | 2016 |
| 17 |
Ireland
|
48.0% | 2016 |
| 18 |
Germany
|
47.5% | 2016 |
| 19 |
Croatia
|
47.2% | 2016 |
| 20 |
Iceland
|
46.3% | 2016 |
| 21 |
South Africa
|
45.0% | 2017 |
| 22 |
Australia
|
45.0% | 2016 |
| 23 |
China
|
45.0% | 2016 |
| 24 |
Taiwan
|
45.0% | 2016 |
| 25 |
Spain
|
45.0% | 2016 |
| 26 |
United Kingdom
|
45.0% | 2016 |
| 27 |
Luxembourg
|
43.6% | 2016 |
| 28 |
Papua New Guinea
|
42.0% | 2016 |
| 29 |
Guinea
|
40.0% | 2016 |
| 30 |
Mauritania
|
40.0% | 2016 |
| 31 |
Senegal
|
40.0% | 2016 |
| 32 |
Uganda
|
40.0% | 2016 |
| 33 |
Switzerland
|
40.0% | 2016 |
| 34 |
Chile
|
40.0% | 2016 |
| 35 |
United States
|
39.6% | 2016 |
| 36 |
Norway
|
38.5% | 2017 |
| 37 |
Morocco
|
38.0% | 2016 |
| 38 |
South Korea
|
38.0% | 2016 |
| 39 |
Suriname
|
38.0% | 2016 |
| 40 |
Namibia
|
37.0% | 2016 |
| 41 |
Armenia
|
36.0% | 2016 |
| 42 |
India
|
35.5% | 2016 |
| 43 |
Algeria
|
35.0% | 2016 |
| 44 |
Cameroon
|
35.0% | 2016 |
| 45 |
Equatorial Guinea
|
35.0% | 2016 |
| 46 |
Ethiopia
|
35.0% | 2016 |
| 47 |
Gabon
|
35.0% | 2016 |
| 48 |
Tunisia
|
35.0% | 2016 |
| 49 |
Zambia
|
35.0% | 2016 |
| 50 |
Thailand
|
35.0% | 2016 |
| 51 |
Vietnam
|
35.0% | 2016 |
| 52 |
Cyprus
|
35.0% | 2016 |
| 53 |
Malta
|
35.0% | 2016 |
| 54 |
Turkey
|
35.0% | 2016 |
| 55 |
Mexico
|
35.0% | 2016 |
| 56 |
Argentina
|
35.0% | 2016 |
| 57 |
Ecuador
|
35.0% | 2016 |
| 58 |
Venezuela
|
34.0% | 2016 |
| 59 |
Barbados
|
33.5% | 2016 |
| 60 |
Swaziland
|
33.0% | 2016 |
| 61 |
New Zealand
|
33.0% | 2016 |
| 62 |
Puerto Rico
|
33.0% | 2016 |
| 63 |
Canada
|
33.0% | 2016 |
| 64 |
Colombia
|
33.0% | 2016 |
| 65 |
Mozambique
|
32.0% | 2016 |
| 66 |
Philippines
|
32.0% | 2016 |
| 67 |
Poland
|
32.0% | 2016 |
| 68 |
Kenya
|
30.0% | 2016 |
| 69 |
Lesotho
|
30.0% | 2016 |
| 70 |
Malawi
|
30.0% | 2016 |
| 71 |
Rwanda
|
30.0% | 2016 |
| 72 |
Tanzania
|
30.0% | 2016 |
| 73 |
El Salvador
|
30.0% | 2016 |
| 74 |
Nicaragua
|
30.0% | 2016 |
| 75 |
Indonesia
|
30.0% | 2016 |
| 76 |
Peru
|
30.0% | 2016 |
| 77 |
Uruguay
|
30.0% | 2016 |
| 78 |
Bangladesh
|
30.0% | 2016 |
| 79 |
Malaysia
|
28.0% | 2016 |
| 80 |
Brazil
|
27.5% | 2016 |
| 81 |
Samoa
|
27.0% | 2016 |
| 82 |
Botswana
|
25.0% | 2016 |
| 83 |
Ghana
|
25.0% | 2016 |
| 84 |
Dominican Republic
|
25.0% | 2016 |
| 85 |
Honduras
|
25.0% | 2016 |
| 86 |
Jamaica
|
25.0% | 2016 |
| 87 |
Panama
|
25.0% | 2016 |
| 88 |
Trinidad and Tobago
|
25.0% | 2016 |
| 89 |
Slovakia
|
25.0% | 2016 |
| 90 |
Azerbaijan
|
25.0% | 2016 |
| 91 |
Nigeria
|
24.0% | 2016 |
| 92 |
Laos
|
24.0% | 2016 |
| 93 |
Liechtenstein
|
24.0% | 2016 |
| 94 |
Uzbekistan
|
23.0% | 2016 |
| 95 |
Albania
|
23.0% | 2016 |
| 96 |
Latvia
|
23.0% | 2016 |
| 97 |
Egypt
|
22.5% | 2016 |
| 98 |
Singapore
|
22.0% | 2016 |
| 99 |
Czech Republic
|
22.0% | 2017 |
| 100 |
Syria
|
22.0% | 2016 |
| 101 |
Madagascar
|
20.0% | 2016 |
| 102 |
Fiji
|
20.0% | 2016 |
| 103 |
Cambodia
|
20.0% | 2016 |
| 104 |
Estonia
|
20.0% | 2016 |
| 105 |
Isle of Man
|
20.0% | 2016 |
| 106 |
Georgia
|
20.0% | 2016 |
| 107 |
Jordan
|
20.0% | 2016 |
| 108 |
Lebanon
|
20.0% | 2016 |
| 109 |
Afghanistan
|
20.0% | 2016 |
| 110 |
Pakistan
|
20.0% | 2016 |
| 111 |
Moldova
|
18.0% | 2016 |
| 112 |
Ukraine
|
18.0% | 2016 |
| 113 |
Angola
|
17.0% | 2016 |
| 114 |
Romania
|
16.0% | 2016 |
| 115 |
Mauritius
|
15.0% | 2016 |
| 116 |
Seychelles
|
15.0% | 2016 |
| 117 |
Costa Rica
|
15.0% | 2016 |
| 118 |
Hong Kong
|
15.0% | 2016 |
| 119 |
Hungary
|
15.0% | 2016 |
| 120 |
Lithuania
|
15.0% | 2016 |
| 121 |
Serbia
|
15.0% | 2017 |
| 122 |
Iraq
|
15.0% | 2016 |
| 123 |
Yemen
|
15.0% | 2016 |
| 124 |
Sri Lanka
|
15.0% | 2016 |
| 125 |
Russia
|
13.0% | 2016 |
| 126 |
Tajikistan
|
13.0% | 2016 |
| 127 |
Belarus
|
13.0% | 2017 |
| 128 |
Bolivia
|
13.0% | 2016 |
| 129 |
Macau
|
12.0% | 2016 |
| 130 |
Libya
|
10.0% | 2016 |
| 131 |
Kazakhstan
|
10.0% | 2016 |
| 132 |
Mongolia
|
10.0% | 2016 |
| 133 |
Bosnia and Herzegovina
|
10.0% | 2016 |
| 134 |
Bulgaria
|
10.0% | 2016 |
| 135 |
Macedonia
|
10.0% | 2016 |
| 136 |
Montenegro
|
9.0% | 2016 |
| 137 |
Guatemala
|
7.0% | 2016 |
| 138 |
Bahamas
|
0.0% | 2016 |
| 139 |
Cayman Islands
|
0.0% | 2016 |
| 140 |
Brunei
|
0.0% | 2016 |
| 141 |
Bahrain
|
0.0% | 2016 |
| 142 |
Kuwait
|
0.0% | 2016 |
| 143 |
Oman
|
0.0% | 2016 |
| 144 |
Qatar
|
0.0% | 2016 |
| 145 |
Saudi Arabia
|
0.0% | 2016 |
| 146 |
United Arab Emirates
|
0.0% | 2016 |
| 147 |
Bermuda
|
0.0% | 2016 |
How Top Tax Rates Shape Economies
Top tax rates affect government revenue, income distribution, and economic incentives. High rates can fund social programs but may influence investment and labor supply. Comparing tax rates helps understand different fiscal philosophies and policy outcomes. Tax competition can drive reforms and affect global mobility. Understanding tax structures is key to evaluating cost of living and economic fairness.
Source: Uganda Revenue Authority, Inland Revenue Board of Malaysia, Skatteverket, South African Revenue Service, and Croatia Tax Administration. Rankings are based on the most recent data available.
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