Top Tax Rate by Country
Chad has the highest top tax rate in the world at 60.0%.
Analysis
Sweden and Denmark have some of the highest top tax rates, while countries like the UAE and Bermuda have none. 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 (%) | Date |
|---|---|---|---|
| 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 |