Luxembourg vs Slovakia: Tax revenue
Luxembourg
24.68 billion current LCU
in 2024
Slovakia
24.92 billion current LCU
in 2024
Luxembourg rank
110th
Slovakia rank
109th
Tax revenue over time
- Luxembourg
- Slovakia
How they compare
Slovakia currently reports 24.92 billion current LCU against 24.68 billion current LCU in Luxembourg, a difference of 245.30 million current LCU.
The two have swapped places 2 times across 30 shared years of data; in 1995 it was Slovakia ahead.
Luxembourg ranks 110th and Slovakia ranks 109th of 157 countries.
Slovakia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Luxembourg | Slovakia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 4.37 billion current LCU | 5.07 billion current LCU | 694.71 million current LCU | Slovakia |
| 2000s | 7.50 billion current LCU | 8.39 billion current LCU | 885.55 million current LCU | Slovakia |
| 2010s | 13.02 billion current LCU | 13.83 billion current LCU | 811.33 million current LCU | Slovakia |
| 2020s | 20.60 billion current LCU | 21.50 billion current LCU | 902.52 million current LCU | Slovakia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Luxembourg or Slovakia?
- Slovakia, at 24.92 billion current LCU against 24.68 billion current LCU in Luxembourg as of 2024.
- What is the difference in tax revenue between Luxembourg and Slovakia?
- 245.30 million current LCU, with Slovakia ahead.
- How many years of comparable data are there for Luxembourg and Slovakia?
- 30 years are reported by both, from 1995 to 2024.
- How do Luxembourg and Slovakia rank globally for tax revenue?
- Luxembourg ranks 110th and Slovakia ranks 109th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Tax revenue (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.