Germany

Country profiles
Country profiles

Germany

  • Corporate Tax Haven Index ranking: 24
  • Financial Secrecy Index ranking: 14
  • Tax loss each year to tax havens: $35,063,677,505
  • Tax loss inflicted on other countries: $3,416,456,374

Country profile

Tax abuse losses

$35,063,677,505

lost in tax every year to global tax abuse

$24,394,593,521

lost to tax avoidance committed by multinational corporations

$10,669,083,984

lost to tax evasion committed by private individuals

  • Equivalent to 4.15% tax revenue (tax revenue in 2020 : $845,517,075,609 trillion)
  • Equivalent to loss of $429 per member of population (Population: 81,819,257.30)
  • Greater than Global Average tax revenue Loss 2.61%
  • Greater than Regional Average tax revenue Loss 3.39%

Global Rankings

Corporate Tax Haven Index 2019
#24

Global Rank (First is Worst)

52.34/100

Haven Score (100 is Worst)

1.21%

Share of global tax havenry

Financial Secrecy Index 2020
#14

Global Rank (First is Worst)

51.73/100

Haven Score (100 is Worst)

1.47%

Share of global tax secrecy

Harm to other countries

$3,416,456,374

in tax lost by other countries

$3,378,296,454

by enabling corporate tax avoidance

$38,159,920

by enabling private tax evasion

Responsible for 0.80% of global tax losses
Inflicted tax loss equivalent to yearly salaries of
270,849 nurses

Social impact of lost tax

Tax loss equivalent to 11.26% of health budget
Tax loss equivalent to 19.46% of education spendings
Suffered tax loss equivalent to paying yearly salaries of
640,975 nurses

Vulnerability to illicit financial flows

Most Vulnerable via Inward FDI
Vulnerable Score for this channel is 60.00 / 100
(100 is Worst)

Trading partners most responsible for vulnerability

Netherlands (32.1%)
Luxembourg (13.3%)
United States (12.7%)

Related articles