European Union vs New Zealand: Tax revenue
Tax revenue over time
- European Union
- New Zealand
How they compare
New Zealand currently reports 29.5% against 19.9% in European Union, a difference of 9.6%.
That makes New Zealand's figure about 1.5 times European Union's.
Across all 40 years both countries report, New Zealand has been ahead every year.
European Union ranks 4th and New Zealand ranks 4th of 35 groups.
New Zealand has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | European Union | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 15.0% | 28.1% | 13.1% | New Zealand |
| 1980s | 16.6% | 30.3% | 13.7% | New Zealand |
| 2000s | 19.1% | 29.9% | 10.8% | New Zealand |
| 2010s | 19.6% | 27.0% | 7.4% | New Zealand |
| 2020s | 19.8% | 28.6% | 8.8% | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, European Union or New Zealand?
- New Zealand, at 29.5% against 19.9% in European Union as of 2024.
- What is the difference in tax revenue between European Union and New Zealand?
- 9.6%, with New Zealand ahead.
- How many years of comparable data are there for European Union and New Zealand?
- 40 years are reported by both, from 1973 to 2024.
- How do European Union and New Zealand rank globally for tax revenue?
- European Union ranks 4th and New Zealand ranks 4th 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.