SGI 2022 | Sustainable Policies | Economic Policies | Taxes

What is the top statutory personal income tax rate?

€EUOECD

Time series

Select Compare to SGI Values Y Axis (Max/Min):

Values among 41 countries

Indicator metadata and score calculation

Definition:	Statutory maximum income tax rate for individuals
Year:	2022
Unit:	Percent
Direction:	Low values translate into high scores
Source 1:	OECD Online Database
Data for:	AUS, CAN, CHL, ISR, JPN, KOR, MEX, NZL, CHE, TUR, GBR, USA
Exceptions:	AUS (2021), CAN (2021), CHL (2021), ISR (2021), JPN (2021), KOR (2021), MEX (2021), NZL (2021), CHE (2021), TUR (2021), GBR (2021), USA (2021)
Annotation:	OECD: Dataset: Table I.7. Top statutory personal income tax rate and top marginal tax rates for employees URL: https://stats.oecd.org/Index… extracted June 11th, 2022
Source 2:	EU Commission
Data for:	AUT, BEL, BGR, HRV, CYP, CZE, DNK, EST, FIN, FRA, DEU, GRC, HUN, ISL, IRL, ITA, LVA, LTU, LUX, MLT, NLD, NOR, POL, PRT, ROU, SVK, SVN, ESP, SWE
Annotation:	European Commission: Dataset: Table 3: Top statutory personal income tax rates (including surcharges), 1995-2022 URL: https://ec.europa.eu/taxatio… https://ec.europa.eu/taxatio… extracted June 09th, 2022

Calculation:	Long-term data series were used to set appropriate minimum and maximum values.
Minimum:	12.5
Maximum:	72.5
/	Below/Above IQR boundary value. See FAQ for further information.
Distance:	Distance=(value for calculation-minimum)/(maximum-minimum)
Score:	Score=10-relative distance*9

Top group

Score

Max. Personal Income Tax Rate

Bulgaria

10.0

10.00

Romania

10.0

10.00

Hungary

9.6

15.00

Upper middle group

Estonia

8.9

20.00

Czechia

8.4

23.00

Slovakia

8.1

25.00

Latvia

7.2

31.00

Lithuania

7.1

32.00

Poland

7.1

32.00

Cyprus

6.6

35.00

Malta

6.6

35.00

Mexico

6.6

35.00

Croatia

6.6

35.40

New Zealand

6.0

39.00

Norway

6.0

39.40

Lower middle group

Chile

5.9

40.00

Ireland

5.9

40.00

Turkey

5.8

40.76

Switzerland

5.6

41.67

USA

5.3

43.65

Spain

5.1

45.00

5.1

45.00

Luxembourg

5.0

45.78

Iceland

4.9

46.25

Australia

4.8

47.00

Italy

4.8

47.13

Germany

4.8

47.48

South Korea

4.5

49.50

Netherlands

4.5

49.50

Austria

4.4

50.00

Israel

4.4

50.00

Slovenia

4.4

50.00

Finland

4.2

51.26

France

4.2

51.46

Sweden

4.0

52.24

Portugal

3.9

53.00

Belgium

3.9

53.07

Canada

3.8

53.53

Greece

3.8

54.00

Denmark

3.5

55.90

Japan

3.5

55.95

Bottom group

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