Tax revenue in Europe & Central Asia (IDA & IBRD countries)
Europe & Central Asia (IDA & IBRD countries): Tax revenue was 14.1% in 2024. ▬ Flat
Tax revenue in Europe & Central Asia (IDA & IBRD countries), 1999–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Europe & Central Asia (IDA & IBRD countries) recorded 14.1% for tax revenue in 2024.
That represents a change of down 6.6% on the previous year and down 8.4% over ten years.
Over the whole period, tax revenue in Europe & Central Asia (IDA & IBRD countries) peaked at 17.4% in 2007 and was at its lowest, 13.1%, in 1999.
Europe & Central Asia (IDA & IBRD countries) ranks 17th of 35 groups on this measure, in the middle of the range.
Tax revenue in Europe & Central Asia (IDA & IBRD countries), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1999 | 13.1% | — |
| 2000 | 14.6% | +11.6% |
| 2001 | 15.4% | +5.4% |
| 2002 | 14.5% | -6.1% |
| 2003 | 14.5% | +0.3% |
| 2004 | 14.4% | -1.1% |
| 2007 | 17.4% | +20.9% |
| 2008 | 17.1% | -1.5% |
| 2009 | 15.3% | -10.5% |
| 2010 | 15.5% | +1.6% |
| 2011 | 16.0% | +3.0% |
| 2012 | 15.5% | -3.0% |
| 2013 | 15.4% | -0.9% |
| 2014 | 15.4% | -0.2% |
| 2015 | 14.3% | -6.9% |
| 2016 | 13.7% | -4.2% |
| 2017 | 14.0% | +2.1% |
| 2018 | 14.5% | +3.5% |
| 2019 | 14.1% | -2.8% |
| 2020 | 14.1% | -0.1% |
| 2021 | 14.7% | +4.5% |
| 2022 | 14.2% | -3.1% |
| 2023 | 15.1% | +5.9% |
| 2024 | 14.1% | -6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.1% | 13.1% | 13.1% | 1 |
| 2000s | 15.4% | 14.4% | 17.4% | 8 |
| 2010s | 14.8% | 13.7% | 16.0% | 10 |
| 2020s | 14.4% | 14.1% | 15.1% | 5 |
Countries ranked near Europe & Central Asia (IDA & IBRD countries)
More public sector data for Europe & Central Asia (IDA & IBRD countries)
- Arms imports 8.83 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 19.2 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0014 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 13.61 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 8.83 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 657.44 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0492 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 25.48 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 302.41 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 338.22 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is tax revenue in Europe & Central Asia (IDA & IBRD countries)?
- Tax revenue in Europe & Central Asia (IDA & IBRD countries) was 14.1% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Europe & Central Asia (IDA & IBRD countries)?
- The highest recorded value was 17.4% in 2007.
- What is the lowest tax revenue recorded in Europe & Central Asia (IDA & IBRD countries)?
- The lowest recorded value was 13.1% in 1999.
- How does Europe & Central Asia (IDA & IBRD countries) rank for tax revenue?
- Europe & Central Asia (IDA & IBRD countries) ranks 17th out of 35 groups with data for 2024.
- Is tax revenue rising or falling in Europe & Central Asia (IDA & IBRD countries)?
- Over the last ten years it is down 8.4%. The long-run trend across the full record is flat.
- Where does this Europe & Central Asia (IDA & IBRD countries) 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.
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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.