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According to OECD, Denmark had the highest tax to GDP ratio of all its member countries in 2021 with a ratio of 47,4%. [28] This is partly due to various tax-funded social transfer schemes such as pensions and unemployment benefits also being taxable when received by beneficiaries.
Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue. UN-WIDER: Total taxes consists of taxes, social contributions, grants receivable, and other revenue. Data are in current national currency.
The all-record highest Danish tax level was 49.8% of GDP, [86] reached in 2014 because of high extraordinary one-time tax revenues caused by a reorganization of the Danish-funded pension system. The Danish tax-to-GDP-ratio of 42% was the seventh-highest among all OECD countries in 2022, after France, Norway, Austria, Finland, Italy and Belgium ...
List of countries by tax rates; Tax revenue as % of GDP; Map of the world showing national-level sales tax / VAT rates as of October 2019. ... Denmark [86] 22-25% ...
The tax, expected to be approved by Denmark’s parliament later this year, will amount to 300 krone ($43) per tonne (1.1 ton) of CO2-equivalent emissions from livestock from 2030, rising to 750 ...
Denmark will tax livestock farmers for the greenhouse gases emitted by their cows, sheep and pigs from 2030, the first country in the world to do so as it targets a major source of methane ...
Global map of total central government revenues, as share of GDP, 2022 [1] Global map of total central government expenditures, as share of GDP, 2022 [2] This is the list of countries by government budget. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1.
Like its neighbors, Denmark is generally more expensive than the U.S. Consumer prices are 28% higher in Denmark than in the U.S., according to Numbeo, a cost-of-living data base.