Denmark vs Luxembourg: Tax revenue
Denmark
33.4%
in 2024
Luxembourg
28.6%
in 2024
Denmark rank
3rd
Luxembourg rank
5th
Tax revenue over time
- Denmark
- Luxembourg
How they compare
Denmark currently reports 33.4% against 28.6% in Luxembourg, a difference of 4.8%.
That makes Denmark's figure about 1.2 times Luxembourg's.
Across all 53 years both countries report, Denmark has been ahead every year.
Denmark ranks 3rd and Luxembourg ranks 5th of 157 countries.
Denmark has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Denmark | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 28.0% | 20.1% | 7.9% | Denmark |
| 1980s | 30.1% | 23.8% | 6.3% | Denmark |
| 1990s | 31.1% | 24.1% | 7.0% | Denmark |
| 2000s | 32.0% | 24.5% | 7.5% | Denmark |
| 2010s | 33.8% | 24.7% | 9.1% | Denmark |
| 2020s | 33.1% | 26.8% | 6.3% | Denmark |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Denmark or Luxembourg?
- Denmark, at 33.4% against 28.6% in Luxembourg as of 2024.
- What is the difference in tax revenue between Denmark and Luxembourg?
- 4.8%, with Denmark ahead.
- How many years of comparable data are there for Denmark and Luxembourg?
- 53 years are reported by both, from 1972 to 2024.
- How do Denmark and Luxembourg rank globally for tax revenue?
- Denmark ranks 3rd and Luxembourg ranks 5th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Tax revenue (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.