State and Scope of Property Taxation in Bangladesh
Section 2: Selected Global Practices of Property Tax
☐ Evidently, cross-country variation in property tax collection increases sharply with income level
➤ The panel regressions model conducted under this study (using a fixed effect model) estimated
that if the GDP per capita (current USD) of a country increased by 1.00%, property tax (as % of GDP)
increased by 0.47%
Property Tax Collection Across Income Levels (% of GDP)
for selected OECD and non-OECD countries in 2021
Average Property Tax as Share of GDP (%) by Group of Countries
(2011-2020)
1.9
% of GDP
4.50
4.00
3.50
3.00
2.50
2.00
1.50
1.00
0.50
R² = 0.5294...
0.8
0.7
0.3
0.00
20,000
40,000
60,000
80,000
100,000
African Countries
GDP/Capita (US$)
Asia-Pacific Countries Latin American and
Caribbean countries
OECD countries
Source: OECD, IMF and WDI database (accessed in April 2023)
Source: Global Revenue Statistics Database (accessed in April 2023)
☐ The positive correlation between income level and property tax share of GDP is also evident for selected
OECD, Asian and African countries
State and Scope of Property Taxation in Bangladesh
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