European Union Tax Revenue: % of GDP

Key information about EU Tax revenue: % of GDP

• European Union Tax revenue: % of GDP was reported at 26.1 % in Dec 2023.
• This records a decrease from the previous number of 26.8 % for Dec 2022.
• EU Tax revenue: % of GDP data is updated yearly, averaging 26.0 % from Dec 1995 to 2023, with 29 observations.
• The data reached an all-time high of 26.8 % in 2021 and a record low of 24.4 % in 1995.
• EU Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Annual.

CEIC calculates annual Tax Revenue as % of Nominal GDP from annual Tax Revenue and quarterly Nominal GDP. Tax Revenue is calculated as the sum of Production and Import Tax and Current Taxes on Income Wealth and Etc. Eurostat provides Tax Revenue in EUR and Nominal GDP in EUR. European Union stands for EU27 excluding UK.

View European Union's Tax Revenue: % of GDP from 1995 to 2023 in the chart:

What was European Union's Tax Revenue: % of GDP in 2023?

European Union Tax revenue: % of GDP was reported at 26.1 % in Dec 2023. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
26.1 2023	26.8 2022	24.4 1995	26.8 2021	%	yearly	1995 - 2023

Tax Revenue: % of GDP by Country Comparison

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