Greece vs Luxembourg: Tax revenue
Greece
27.4%
in 2024
Luxembourg
28.6%
in 2024
Greece rank
7th
Luxembourg rank
5th
Tax revenue over time
- Greece
- Luxembourg
How they compare
Luxembourg currently reports 28.6% against 27.4% in Greece, a difference of 1.2%.
The two have swapped places 4 times across 49 shared years of data; in 1972 it was Luxembourg ahead.
Greece ranks 7th and Luxembourg ranks 5th of 157 countries.
Across the 6 decades both report, Greece averaged higher in 1 and Luxembourg in 5.
Head to head by decade
| Decade | Greece | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 13.6% | 20.1% | 6.6% | Luxembourg |
| 1980s | 14.6% | 23.8% | 9.1% | Luxembourg |
| 1990s | 19.5% | 24.7% | 5.2% | Luxembourg |
| 2000s | 20.9% | 24.5% | 3.6% | Luxembourg |
| 2010s | 25.0% | 24.7% | 0.3% | Greece |
| 2020s | 26.3% | 26.8% | 0.5% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Greece or Luxembourg?
- Luxembourg, at 28.6% against 27.4% in Greece as of 2024.
- What is the difference in tax revenue between Greece and Luxembourg?
- 1.2%, with Luxembourg ahead.
- How many years of comparable data are there for Greece and Luxembourg?
- 49 years are reported by both, from 1972 to 2024.
- How do Greece and Luxembourg rank globally for tax revenue?
- Greece ranks 7th 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.
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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.