Belgium, another European country, makes the top 10 list of countries based on money per capital with $33,946. Belgium has a population of 11.35 million and a GDP of $492.7 billion.
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With the highest percentage of 58.95, Aruba stands in the leading position on our list of countries with the highest tax rate. Aruba is a democratic country, where almost all the citizens are gaining good income in their life. As the citizen of this country earns the highest income, the country has to pay high tax.
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The country actually has the highest tax and social security burden in the world, with single taxpayers taking home less than 45 percent of their actual income. Those in the higher income brackets take home less than 40 percent. Average income in the country is $45,037.
Amidst these many developing and developed countries, most of the European nations have an impressive GDP per capita income record. Here is a list of Top 10 richest countries in Europe in 2019 having highest Per Capita Income GDP on the basis of Purchasing Power Parity (PPP).
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The Gross National Income (GNI) is the sum of the value added by all the goods. Within these socio-economic contexts, we have listed the countries with the largest GNIs per capita, and shown. 10, Netherlands, $51,890.
This page is a list of the countries of the world by gross domestic product (at purchasing power parity) per capita, i.e., the purchasing power parity (PPP) value of all final goods and services produced within a country in a given year, divided by the average (or mid-year) population for the same year.
India lags behind 132 countries in per capita income, according to the International Monetary Fund (IMF). India (Rank 133) GDP (PPP) per capita: $3,830 (GDP per capita data as of 2012)
A provision in the state constitution which prohibits a graduated-rate income tax has long been a source. on corporate income would be 10.45 percent. This would represent the third-highest.