Taxes on goods and services (% of revenue) in Luxembourg
Luxembourg: Taxes on goods and services (% of revenue) was 25.3% in 2024. ▲ Rising
Taxes on goods and services in Luxembourg, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for taxes on goods and services in Luxembourg is 25.3%, measured in 2024.
Compared with earlier readings it is down 1.2% on the previous year and down 19.9% over ten years.
Over the whole period, taxes on goods and services in Luxembourg peaked at 32.6% in 2004 and was at its lowest, 18.7%, in 1978.
That places Luxembourg 109th out of 156 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 53 years of available data.
Taxes on goods and services (% of revenue) in Luxembourg, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1972 | 23.4% | — |
| 1973 | 22.9% | -2.2% |
| 1974 | 19.6% | -14.3% |
| 1975 | 21.5% | +9.8% |
| 1976 | 20.3% | -5.6% |
| 1977 | 19.0% | -6.5% |
| 1978 | 18.7% | -1.6% |
| 1979 | 19.2% | +2.7% |
| 1980 | 20.6% | +7.4% |
| 1981 | 21.2% | +2.8% |
| 1982 | 22.2% | +4.6% |
| 1983 | 24.3% | +9.6% |
| 1984 | 25.5% | +5.1% |
| 1985 | 22.7% | -11.1% |
| 1986 | 25.4% | +12.1% |
| 1987 | 26.4% | +3.7% |
| 1988 | 27.2% | +3.1% |
| 1989 | 26.3% | -3.4% |
| 1990 | 24.7% | -6.2% |
| 1991 | 25.3% | +2.8% |
| 1992 | 27.2% | +7.2% |
| 1993 | 27.7% | +2.0% |
| 1994 | 27.4% | -1.1% |
| 1995 | 27.9% | +1.7% |
| 1996 | 27.8% | -0.3% |
| 1997 | 28.7% | +3.5% |
| 1998 | 29.6% | +3.0% |
| 1999 | 31.3% | +5.7% |
| 2000 | 32.3% | +3.3% |
| 2001 | 30.8% | -4.8% |
| 2002 | 30.0% | -2.4% |
| 2003 | 30.2% | +0.4% |
| 2004 | 32.6% | +8.2% |
| 2005 | 32.4% | -0.8% |
| 2006 | 31.7% | -2.1% |
| 2007 | 32.5% | +2.6% |
| 2008 | 30.3% | -6.7% |
| 2009 | 29.5% | -2.7% |
| 2010 | 29.7% | +0.8% |
| 2011 | 30.2% | +1.5% |
| 2012 | 30.5% | +1.0% |
| 2013 | 30.5% | +0.0% |
| 2014 | 31.6% | +3.6% |
| 2015 | 26.7% | -15.3% |
| 2016 | 27.0% | +0.8% |
| 2017 | 27.6% | +2.5% |
| 2018 | 27.3% | -1.3% |
| 2019 | 27.4% | +0.4% |
| 2020 | 27.3% | -0.2% |
| 2021 | 28.5% | +4.5% |
| 2022 | 27.9% | -2.4% |
| 2023 | 25.6% | -8.1% |
| 2024 | 25.3% | -1.2% |
Luxembourg compared with similar countries
- Luxembourg's 25.3% is below the median for high income countries, which is 26.4%, 96% of the median. (57 countries reporting)
- Luxembourg's 25.3% is below the median for Europe & Central Asia, which is 31.1%, 81% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.6% | 18.7% | 23.4% | 8 |
| 1980s | 24.2% | 20.6% | 27.2% | 10 |
| 1990s | 27.8% | 24.7% | 31.3% | 10 |
| 2000s | 31.2% | 29.5% | 32.6% | 10 |
| 2010s | 28.8% | 26.7% | 31.6% | 10 |
| 2020s | 26.9% | 25.3% | 28.5% | 5 |
Countries ranked near Luxembourg
More public sector data for Luxembourg
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 11.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 4.43 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 3.00 million SIPRI trend indicator values (2024)
Frequently asked questions
- What is taxes on goods and services in Luxembourg?
- Taxes on goods and services in Luxembourg was 25.3% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Luxembourg?
- The highest recorded value was 32.6% in 2004.
- What is the lowest taxes on goods and services recorded in Luxembourg?
- The lowest recorded value was 18.7% in 1978.
- How does Luxembourg rank for taxes on goods and services?
- Luxembourg ranks 109th out of 156 countries with data for 2024.
- Is taxes on goods and services rising or falling in Luxembourg?
- Over the last ten years it is down 19.9%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on goods and services (% of revenue). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.