State and Scope of Property Taxation in Bangladesh
Tanzania
Bangladesh
Phillipines
Pakistan
India
Section 2: Selected Global Practices of Property Tax
Composition of Property Taxes for Selected
Developing Countries in 2020, Share of GDP (%)
Composition of Property Taxes for Selected OECD
Countries in 2020, Share of GDP (%)
USA
UK
Sweden
Norway
☐
☐☐
China
0.00
0.50
1.00
1.50
Recurrent taxes on immovable property
Recurrent taxes on net wealth
Estate inheritance and gift taxes
Taxes on financial and capital transactions
Other
Iceland
Finland
Denmark
Canada
Australia
2.00
0.00
1.00
2.00
Recurrent taxes on immovable property
3.00
4.00
5.00
Recurrent taxes on net wealth
Estate inheritance and gift taxes
Taxes on financial and capital transactions
■ Other
Source: OECD (2022)
Source: IMF (accessed on April 2023), OECD (2022) and Tanzania Revenue Authority
data (accessed in April 2023)
In case of the Asian and African countries, share of different property taxes (as % of GDP) is either zero (e.g., share of
immovable property tax in India) due to extremely low collection or data is not available (e.g., share of immovable
property tax in Pakistan) for the shares. Either way it reflects poor administration of those property taxes in those countries
which also includes Bangladesh
State and Scope of Property Taxation in Bangladesh
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