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Total tax revenue as a share of GDP (lemmy.world)

submitted 3 months ago by Davriellelouna@lemmy.world to c/dataisbeautiful@mander.xyz

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[–] sundaymidnight@ani.social 3 points 3 months ago (1 children)

🤣 ha ha ha... I read it "GPT"

[–] sundaymidnight@ani.social 4 points 3 months ago

Uaoh! GDP is... PBI 🤣. So different letters!

[–] Babalugats@feddit.uk 1 points 3 months ago (1 children)

Whut?

[–] NOT_RICK@lemmy.world 5 points 3 months ago (1 children)

Looks like it’s

Country’s Annual revenue from taxes / Country’s GDP

As a percentage rather than fractional.

[–] Babalugats@feddit.uk 3 points 3 months ago (1 children)

Why is the US highlighted and the percentage shown?

Is there any relevance or just for us citizens?

[–] NOT_RICK@lemmy.world 2 points 3 months ago (1 children)

The notes say that the US GDP is the only one not weighted. No idea what weighting they’re using or why.

[–] nooneescapesthelaw@mander.xyz 1 points 3 months ago (1 children)

Maybe because it would skew the average too nuch

[–] Zannsolo@lemmy.world 1 points 3 months ago (1 children)

Likely the intended audience is the United States based on the highlighting of it. By leaving them out of the average you get the average of other countries to compare the US against.

[–] Zannsolo@lemmy.world 2 points 3 months ago

If we collected the extra 7% we could pay down the national debt to something more manageable.

[–] panda_abyss@lemmy.ca -4 points 3 months ago (2 children)

Why not include the US?

[–] Ragnor@feddit.dk 4 points 3 months ago

The US is highlighted in red.

[–] floquant@lemmy.dbzer0.com 2 points 3 months ago (1 children)

Bro what

[–] panda_abyss@lemmy.ca 1 points 3 months ago

It’s there. I was wrong