State and Scope of Property Taxation in Bangladesh
Section 2: Selected Global Practices of Property Tax
☐ Property tax as share of total tax revenue and GDP has been
one of the lowest in Bangladesh among selected OECD, Asian
and African countries over the last 5 years irrespective of
the effect of COVID -19
In Bangladesh, property tax is only about 0.27% of the GDP
- close to the average African countries
Property tax as share of GDP (%) for selected OECD and non-OECD
3.02
2.08
1.88
Norway
countries
1.22
Iceland
Sweden
Finland
0.96
0.92
1.51
UK
Phillipines
0.50
■ 0.03
India
1.09
0.10
Tanzania
0.07
Property Tax (% of GDP)
0.00
0.50
1.00
1.32
1.50
State and Scope of Property Taxation in Bangladesh
2.00
Property tax as share of total tax revenue (%)
Region Country
FY2021
Australia
Local Governments
10.07
(2020*)
11.92
Canada
Local Governments
4.01
Denmark
Local Governments
3.51
Finland
Local Governments
OECD
5.94
Iceland
Norway
Local Governments
Local Governments
2.88
2.25
Sweden
General government
11.40
UK
Local Governments
11.36
USA
State Governments
Central Government
7.40
China
(2020*)
0.07
India
State Governments
(2017*)
3.96
1.00
3.82
Pakistan
Central Government
Asia
(2020*)
Philippines
Bangladesh
Budgetary Central
Government
Budgetary Central
Government
2.70
(2020*)
0.34
0.62
3.50
4.00
Africa
Tanzania
Local Governments
(2018*)
Source: OECD (2022), IMF data (accessed on April 2023)
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2.50
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