Europe & Central Asia vs Luxembourg: Tax revenue
Tax revenue over time
- Europe & Central Asia
- Luxembourg
How they compare
Luxembourg currently reports 28.6% against 19.7% in Europe & Central Asia, a difference of 8.9%.
That makes Luxembourg's figure about 1.5 times Europe & Central Asia's.
Across all 53 years both countries report, Luxembourg has been ahead every year.
Europe & Central Asia ranks 5th 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 | Europe & Central Asia | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 16.1% | 20.1% | 4.0% | Luxembourg |
| 1980s | 17.5% | 23.8% | 6.3% | Luxembourg |
| 1990s | 18.9% | 24.1% | 5.1% | Luxembourg |
| 2000s | 19.4% | 24.5% | 5.1% | Luxembourg |
| 2010s | 19.3% | 24.7% | 5.4% | Luxembourg |
| 2020s | 19.5% | 26.8% | 7.3% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Europe & Central Asia or Luxembourg?
- Luxembourg, at 28.6% against 19.7% in Europe & Central Asia as of 2024.
- What is the difference in tax revenue between Europe & Central Asia and Luxembourg?
- 8.9%, with Luxembourg ahead.
- How many years of comparable data are there for Europe & Central Asia and Luxembourg?
- 53 years are reported by both, from 1972 to 2024.
- How do Europe & Central Asia and Luxembourg rank globally for tax revenue?
- Europe & Central Asia ranks 5th 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.
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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 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.