ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Southeast Asia tax revenue falls well short of global average

Low compliance and narrow base major factors, says OECD

 (placeholder image)
People wait at a help desk for tax amnesty at Indonesia's tax headquarters in Jakarta.   © Reuters

TOKYO -- Countries like Indonesia and Malaysia lag behind the global average in terms of tax revenues collected as a proportion of gross domestic product, even falling behind many Latin American and Caribbean countries.

The Organization for Economic Cooperation and Development said in a recent report that Indonesia, Singapore, Malaysia and the Philippines recorded tax-to-GDP ratios of 11.8%, 13.6%, 15.3% and 17.0%, respectively, in 2015. All bar the Philippines registered a fall in the ratio compared to a year earlier.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more