Benchmarking Ireland against all countries
Ireland has the lowest value-added-tax (VAT) productivity (0.30) of the 16 nations with as high a value-added-tax (VAT) rate (21.0%). That 0.30 compares to an average of 0.37 and standard deviation of 0.06 across those 16 nations.
Reaching the average of 0.37 would imply an extra 1.50% (absolute) in net VAT collection as a percentage of GDP.
Note: value-added-tax (VAT) productivity =
net VAT collection as a percentage of GDP รท value-added-tax (VAT) rate
Ireland has these standings among those 16 nations:
Reaching the average of 0.37 would imply an extra 1.50% (absolute) in net VAT collection as a percentage of GDP.
Note: value-added-tax (VAT) productivity =
net VAT collection as a percentage of GDP รท value-added-tax (VAT) rate
Ireland has these standings among those 16 nations:
- value-added-tax (VAT) productivity = 0.30 (the lowest)
- change over 3 years in value-added-tax (VAT) productivity = -21.0% (the lowest)
- net VAT collection as a percentage of GDP = 6.32% (the lowest)
- value-added-tax (VAT) rate = 21.0% (the lowest, tied)
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Peers
trailed Iceland (0.31), Norway (0.31), Latvia (0.32), and Belgium (0.33), and others, ending with Croatia (0.50).
1 out of the other 15 nations was ruled out due to missing, unknown, or not-applicable values for value-added-tax (VAT) productivity, i.e., Cuba.
References
- value-added-tax (VAT) productivity. Higher values are better. Data comes from the USAID Collecting Taxes database (http://catalog.data.gov/dataset/collecting-taxes-database). We use the published dataset from 2012-2013. Changes over time are with respect to the dataset from 2009-2010.
- value-added-tax (VAT) rate. Data comes from the USAID Collecting Taxes database (http://catalog.data.gov/dataset/collecting-taxes-database). We use the published dataset from 2012-2013. Changes over time are with respect to the dataset from 2009-2010.