Tax revenue in Euro area
Euro area: Tax revenue was 19.2% in 2024. ▲ Rising
Tax revenue in Euro area, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Euro area recorded 19.2% for tax revenue in 2024.
The figure is up 0.8% on the previous year and down 0.3% over ten years.
Over the whole period, tax revenue in Euro area peaked at 19.5% in 1999 and was at its lowest, 13.9%, in 1975.
Euro area ranks 6th of 35 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 53 years of available data.
Tax revenue in Euro area, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 14.0% | — |
| 1973 | 14.2% | +1.5% |
| 1974 | 14.3% | +0.6% |
| 1975 | 13.9% | -2.9% |
| 1976 | 14.6% | +5.0% |
| 1977 | 14.7% | +1.0% |
| 1978 | 14.9% | +1.0% |
| 1979 | 14.9% | +0.6% |
| 1980 | 15.4% | +2.8% |
| 1981 | 15.4% | +0.1% |
| 1982 | 15.6% | +1.2% |
| 1983 | 16.0% | +2.6% |
| 1984 | 16.1% | +0.6% |
| 1985 | 16.2% | +0.7% |
| 1986 | 16.7% | +3.2% |
| 1987 | 16.8% | +0.8% |
| 1988 | 17.0% | +0.8% |
| 1989 | 17.2% | +1.1% |
| 1990 | 17.1% | -0.5% |
| 1991 | 17.9% | +4.8% |
| 1992 | 18.0% | +0.4% |
| 1993 | 17.8% | -0.8% |
| 1994 | 17.8% | -0.2% |
| 1995 | 18.2% | +2.3% |
| 1996 | 18.4% | +0.9% |
| 1997 | 18.7% | +2.0% |
| 1998 | 19.1% | +1.9% |
| 1999 | 19.5% | +2.1% |
| 2000 | 19.3% | -0.9% |
| 2001 | 18.9% | -2.0% |
| 2002 | 18.5% | -2.3% |
| 2003 | 18.3% | -1.3% |
| 2004 | 18.1% | -0.9% |
| 2005 | 18.3% | +1.0% |
| 2006 | 18.7% | +2.1% |
| 2007 | 18.8% | +1.0% |
| 2008 | 18.5% | -2.1% |
| 2009 | 17.7% | -3.9% |
| 2010 | 18.1% | +1.9% |
| 2011 | 18.2% | +0.7% |
| 2012 | 18.7% | +2.6% |
| 2013 | 19.2% | +2.8% |
| 2014 | 19.3% | +0.4% |
| 2015 | 19.2% | -0.6% |
| 2016 | 19.1% | -0.5% |
| 2017 | 19.2% | +0.8% |
| 2018 | 19.3% | +0.6% |
| 2019 | 19.4% | +0.2% |
| 2020 | 19.1% | -1.7% |
| 2021 | 19.3% | +1.3% |
| 2022 | 19.4% | +0.6% |
| 2023 | 19.1% | -1.9% |
| 2024 | 19.2% | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.4% | 13.9% | 14.9% | 8 |
| 1980s | 16.2% | 15.4% | 17.2% | 10 |
| 1990s | 18.2% | 17.1% | 19.5% | 10 |
| 2000s | 18.5% | 17.7% | 19.3% | 10 |
| 2010s | 19.0% | 18.1% | 19.4% | 10 |
| 2020s | 19.2% | 19.1% | 19.4% | 5 |
Countries ranked near Euro area
- 3 Denmark 33.4% compare
- 4 New Zealand 29.5% compare
- 5 Luxembourg 28.6% compare
- 6 Macau, China 27.4% compare
- 7 Greece 27.4% compare
- 8 Sweden 27.2% compare
- 9 United Kingdom of Great Britain and Northern Ireland 26.9% compare
More public sector data for Euro area
- Arms imports 3.29 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 9.21 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 41.65 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 3.29 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 806.84 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0174 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 16.6 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 288.53 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 819.39 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is tax revenue in Euro area?
- Tax revenue in Euro area was 19.2% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Euro area?
- The highest recorded value was 19.5% in 1999.
- What is the lowest tax revenue recorded in Euro area?
- The lowest recorded value was 13.9% in 1975.
- How does Euro area rank for tax revenue?
- Euro area ranks 6th out of 35 groups with data for 2024.
- Is tax revenue rising or falling in Euro area?
- Over the last ten years it is down 0.3%. The long-run trend across the full record is rising.
- Where does this Euro area data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Tax revenue (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.