This indicator captures the essential financial contributions made by individuals and businesses to the central government, reflecting their obligations towards funding public goods and services. It encompasses various forms of taxation, including income, corporate, and consumption taxes, while deliberately excluding non-tax compulsory contributions like fines, penalties, and certain social security payments. This metric not only serves as a key indicator of a nation’s fiscal health but also highlights the government’s capacity to generate revenue relative to its economic output, showcasing the efficiency of tax collection. Analyzing this data provides insights into the sustainability of public finances, the equity of the tax system, and the overarching impact of tax policies on economic growth and social welfare. Source: