Luxembourg vs Small states: Tax revenue
Luxembourg
28.6%
in 2024
Small states
20.5%
in 2019
Luxembourg rank
5th
Small states rank
3rd
Tax revenue over time
- Luxembourg
- Small states
How they compare
Luxembourg currently reports 28.6% against 20.5% in Small states, a difference of 8.1%.
That makes Luxembourg's figure about 1.4 times Small states's.
Across all 19 years both countries report, Luxembourg has been ahead every year.
Luxembourg ranks 5th and Small states ranks 3rd of 157 countries.
Luxembourg has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Luxembourg | Small states | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 24.4% | 20.9% | 3.5% | Luxembourg |
| 2010s | 24.7% | 21.9% | 2.8% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Luxembourg or Small states?
- Luxembourg, at 28.6% against 20.5% in Small states as of 2024.
- What is the difference in tax revenue between Luxembourg and Small states?
- 8.1%, with Luxembourg ahead.
- How many years of comparable data are there for Luxembourg and Small states?
- 19 years are reported by both, from 2001 to 2019.
- How do Luxembourg and Small states rank globally for tax revenue?
- Luxembourg ranks 5th and Small states ranks 3rd 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.