United States economic performance is strong, but tax revenues are much lower than the advanced democracies.
ECONOMIC PERFORMANCE 1
|Green||Ranked first for statistic|
|Red||Ranked last for statistic|
|GDP per capita as % of US GDP||GDP per hour worked as % of US GDP||Tax revenue as % of GDP||Tax revenue per capita||Government debt as a % of GDP|
GDP per capita as percent of US GDP, 2017
GDP per hour worked as percent of US GDP, 2017
Tax revenue as percent of GDP
All data from 2017 except for Australia and Japan (2016).
Tax revenue per capita
All data from 2017 except for Australia and Japan (2016). Calculated using CIA World Factbook populations.
Government debt as percent of GDP
All data from 2017 except Japan (2016).
August 30, 2018.
The GDP by itself isn’t an accurate measure of economic success, as discussed by Krugman. There is a disconnect between overall and individual growth that should be taken into account.