Luxembourg vs New Zealand: Tax revenue
Luxembourg
28.6%
in 2024
New Zealand
29.5%
in 2024
Luxembourg rank
5th
New Zealand rank
4th
Tax revenue over time
- Luxembourg
- New Zealand
How they compare
New Zealand currently reports 29.5% against 28.6% in Luxembourg, a difference of 0.9%.
Across all 41 years both countries report, New Zealand has been ahead every year.
Luxembourg ranks 5th and New Zealand ranks 4th of 157 countries.
New Zealand has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Luxembourg | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 20.1% | 27.7% | 7.6% | New Zealand |
| 1980s | 23.9% | 30.3% | 6.4% | New Zealand |
| 2000s | 24.4% | 29.9% | 5.5% | New Zealand |
| 2010s | 24.7% | 27.0% | 2.3% | New Zealand |
| 2020s | 26.8% | 28.6% | 1.8% | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Luxembourg or New Zealand?
- New Zealand, at 29.5% against 28.6% in Luxembourg as of 2024.
- What is the difference in tax revenue between Luxembourg and New Zealand?
- 0.9%, with New Zealand ahead.
- How many years of comparable data are there for Luxembourg and New Zealand?
- 41 years are reported by both, from 1972 to 2024.
- How do Luxembourg and New Zealand rank globally for tax revenue?
- Luxembourg ranks 5th and New Zealand ranks 4th 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.
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.