oh, larissa


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Despite appearances regarding Canada’s 1st place spot, it is interesting to note that: “Canada’s net taxation was 33.4% of GDP in the last year there is data for, while the US’s was 28.2%, both significantly lower than the mid 40%’s to 50%’s common in Europe. Government spending in Canada was 39.3% of GDP in Canada and 36.7% of GDP in the US. This smaller difference than revenues indicates that the US government operates further in the red, which is true. Canada has had a federal surplus every year since the 1990s, while the US has had a surplus in 2 years (1999 and 2000) since 1968. (sources: 1, 2)” I don’t have data on hand, but it would be interesting to compare with Germany — which is sitting just below the OECD average, and also with Sweden and Australia against Canadian or American figures and factors.

Despite appearances regarding Canada’s 1st place spot, it is interesting to note that:

  • “Canada’s net taxation was 33.4% of GDP in the last year there is data for, while the US’s was 28.2%, both significantly lower than the mid 40%’s to 50%’s common in Europe.
  • Government spending in Canada was 39.3% of GDP in Canada and 36.7% of GDP in the US. This smaller difference than revenues indicates that the US government operates further in the red, which is true. Canada has had a federal surplus every year since the 1990s, while the US has had a surplus in 2 years (1999 and 2000) since 1968. (sources: 1, 2)”

I don’t have data on hand, but it would be interesting to compare with Germany — which is sitting just below the OECD average, and also with Sweden and Australia against Canadian or American figures and factors.



Tags: economicscomparativesocial