Palma ratio after tax lis by country
Countries reporting
48
Highest
7.06
South Africa
Lowest
0.7589
Slovakia
Median
1.15
Years covered
62
1963–2024
Data points
1,050
What the numbers show
Palma ratio after tax lis is currently reported for 48 countries. The highest value is 7.06 in South Africa; the lowest is 0.7589 in Slovakia.
The median across all reporting countries is 1.15, and the mean is 1.47.
The gap between the highest and lowest reporting country is a factor of about 9.
Over the past decade 17 countries rose and 31 fell. The largest increase was in Denmark (up 21.9%), and the largest decrease in Mexico (down 33.3%).
Palma ratio after tax lis: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | South Africa | 7.06 | 2023 | down 0.2% | falling |
| 2 | Colombia | 3.43 | 2023 | up 10.6% | falling |
| 3 | Chile | 2.54 | 2017 | down 9.3% | falling |
| 4 | Panama | 2.48 | 2019 | down 12.3% | falling |
| 5 | Brazil | 2.47 | 2022 | up 0.3% | falling |
| 6 | Paraguay | 2.45 | 2024 | down 26.7% | falling |
| 7 | Peru | 2.27 | 2021 | down 19.6% | falling |
| 8 | United States | 1.8 | 2024 | up 4.9% | rising |
| 9 | Mexico | 1.72 | 2024 | down 33.3% | falling |
| 10 | Uruguay | 1.7 | 2024 | up 8.4% | falling |
| 11 | Bulgaria | 1.62 | 2022 | up 11.2% | rising |
| 12 | Mali | 1.58 | 2024 | up 11.1% | flat |
| 13 | Philippines | 1.57 | 2023 | down 29.9% | falling |
| 14 | Vietnam | 1.44 | 2013 | down 9.5% | falling |
| 15 | Lithuania | 1.43 | 2023 | up 1.9% | rising |
| 16 | Israel | 1.33 | 2022 | down 15.6% | rising |
| 17 | Georgia | 1.31 | 2022 | down 33.1% | falling |
| 18 | South Korea | 1.27 | 2021 | up 13.9% | rising |
| 19 | Italy | 1.27 | 2022 | down 2.3% | rising |
| 20 | Australia | 1.24 | 2020 | down 4.3% | rising |
| 21 | Switzerland | 1.2 | 2022 | up 15.7% | rising |
| 22 | Germany | 1.17 | 2022 | up 12.8% | rising |
| 23 | Spain | 1.16 | 2022 | down 9.5% | flat |
| 24 | Taiwan | 1.15 | 2021 | down 3.3% | rising |
| 25 | Estonia | 1.15 | 2016 | down 0.9% | falling |
| 26 | Greece | 1.15 | 2021 | down 7.1% | falling |
| 27 | Serbia | 1.13 | 2022 | down 9.8% | falling |
| 28 | France | 1.11 | 2022 | down 6.5% | falling |
| 29 | Japan | 1.11 | 2020 | up 7.0% | falling |
| 30 | Russia | 1.1 | 2022 | down 27.0% | falling |
| 31 | Canada | 1.09 | 2022 | down 8.5% | rising |
| 32 | United Kingdom | 1.08 | 2024 | down 8.1% | rising |
| 33 | Denmark | 1.05 | 2022 | up 21.9% | rising |
| 34 | Poland | 1.04 | 2023 | down 12.9% | flat |
| 35 | Luxembourg | 1.04 | 2023 | up 5.4% | rising |
| 36 | Romania | 1.03 | 2021 | down 7.0% | rising |
| 37 | Austria | 1.02 | 2023 | up 2.5% | rising |
| 38 | Ireland | 0.9981 | 2023 | down 13.3% | falling |
| 39 | Netherlands | 0.947 | 2021 | up 5.9% | rising |
| 40 | Sweden | 0.9455 | 2023 | down 4.9% | rising |
| 41 | Hungary | 0.9374 | 2015 | down 11.7% | falling |
| 42 | Finland | 0.9062 | 2016 | down 3.5% | rising |
| 43 | Norway | 0.8924 | 2022 | up 4.6% | rising |
| 44 | Slovenia | 0.8914 | 2015 | up 16.9% | rising |
| 45 | Iceland | 0.8776 | 2017 | down 22.3% | falling |
| 46 | Belgium | 0.825 | 2024 | down 7.5% | flat |
| 47 | Czechia | 0.8215 | 2023 | down 9.5% | flat |
| 48 | Slovakia | 0.7589 | 2018 | down 9.4% | flat |