European Union vs Luxembourg: Tax revenue
European Union
19.9%
in 2024
Luxembourg
28.6%
in 2024
European Union rank
4th
Luxembourg rank
5th
Tax revenue over time
- European Union
- Luxembourg
How they compare
Luxembourg currently reports 28.6% against 19.9% in European Union, a difference of 8.7%.
That makes Luxembourg's figure about 1.4 times European Union's.
Across all 52 years both countries report, Luxembourg has been ahead every year.
European Union ranks 4th 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 | European Union | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 15.0% | 20.6% | 5.6% | Luxembourg |
| 1980s | 16.7% | 23.8% | 7.1% | Luxembourg |
| 1990s | 18.8% | 24.1% | 5.2% | Luxembourg |
| 2000s | 19.2% | 24.5% | 5.3% | Luxembourg |
| 2010s | 19.6% | 24.7% | 5.1% | Luxembourg |
| 2020s | 19.8% | 26.8% | 7.0% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, European Union or Luxembourg?
- Luxembourg, at 28.6% against 19.9% in European Union as of 2024.
- What is the difference in tax revenue between European Union and Luxembourg?
- 8.7%, with Luxembourg ahead.
- How many years of comparable data are there for European Union and Luxembourg?
- 52 years are reported by both, from 1973 to 2024.
- How do European Union and Luxembourg rank globally for tax revenue?
- European Union ranks 4th 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.