Global Property Tax Revenue Perceived by a Federal or Central Government by Country

The global property tax revenue perceived by federal or central governments is led by China, Brazil, and Argentina in 2023. Key growth was observed in the Dominican Republic and Egypt, while countries like El Salvador and Peru saw declines. Noteworthy contributions also came from countries like Uruguay, with steady growth, and the Bahamas, showing rising trends. Developed countries such as the U.S. and Japan had modest increases, reflecting economic stability, while declines were seen in Spain and Iceland.

Future trends to watch include potential growth in emerging economies with dynamic real estate markets like Southeast Asia. Additionally, the impact of post-pandemic economic recovery may shift tax revenues, particularly in tourism-dependent regions.