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Get a full comparison between Denmark vs United States, based on Economy > Tax information. Gather all the stats about Tax... and more.
GDP Per Capita [+] Country comparison, you can compare any two countries and see the data side by side. Here you have the comparison of Denmark vs United States.
Country comparison, you can compare any two countries and see the data side by side. Here you have the comparison of United States vs Denmark, Tax Revenue (%GDP)
Six OECD countries (Chile, Colombia, Costa Rica, Ireland, Mexico, and Türkiye) collected less tax revenue than the United States as a percentage of GDP. Taxes exceeded 40 percent of GDP in eight European countries, including Denmark, where taxes were 47 percent of GDP.
The United States with a GDP of $20.5T ranked the 1st largest economy in the world, while Denmark ranked 38th with $355.7B. By GDP 5-years average growth and GDP per capita, the United States and Denmark ranked 113th vs 128th and 11th vs 12th, respectively.
In December 2017, Congress passed and former President Donald TRUMP signed the Tax Cuts and Jobs Act, which, among its various provisions, reduces the corporate tax rate from 35% to 21%; lowers the individual tax rate for those with the highest incomes from 39.6% to 37%, and by lesser percentages for those at lower income levels; changes many ...
This country comparison is a concise, tabular overview of numerous data from our respective country pages for Denmark and United States. There, we provide many explanations and details per country that go far beyond this comparison.
