Euro area vs Luxembourg: Tax revenue
Euro area
19.2%
in 2024
Luxembourg
28.6%
in 2024
Euro area rank
6th
Luxembourg rank
5th
Tax revenue over time
- Euro area
- Luxembourg
How they compare
Luxembourg currently reports 28.6% against 19.2% in Euro area, a difference of 9.4%.
That makes Luxembourg's figure about 1.5 times Euro area's.
Across all 53 years both countries report, Luxembourg has been ahead every year.
Euro area ranks 6th and Luxembourg ranks 5th of 35 groups.
Luxembourg has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Euro area | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 14.4% | 20.1% | 5.7% | Luxembourg |
| 1980s | 16.2% | 23.8% | 7.6% | Luxembourg |
| 1990s | 18.2% | 24.1% | 5.8% | Luxembourg |
| 2000s | 18.5% | 24.5% | 6.0% | Luxembourg |
| 2010s | 19.0% | 24.7% | 5.7% | Luxembourg |
| 2020s | 19.2% | 26.8% | 7.6% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Euro area or Luxembourg?
- Luxembourg, at 28.6% against 19.2% in Euro area as of 2024.
- What is the difference in tax revenue between Euro area and Luxembourg?
- 9.4%, with Luxembourg ahead.
- How many years of comparable data are there for Euro area and Luxembourg?
- 53 years are reported by both, from 1972 to 2024.
- How do Euro area and Luxembourg rank globally for tax revenue?
- Euro area ranks 6th and Luxembourg ranks 5th of 35 groups.
- 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.