Taxes on income, profits and capital gains in Euro area
Euro area: Taxes on income, profits and capital gains was 25.3% in 2024. ▬ Flat
Taxes on income, profits and capital gains in Euro area, 1973–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for taxes on income, profits and capital gains in Euro area is 25.3%, measured in 2024.
Compared with earlier readings it is up 5.8% on the previous year and up 25.5% over ten years.
Over the whole period, taxes on income, profits and capital gains in Euro area peaked at 26.0% in 1991 and was at its lowest, 17.6%, in 2011.
That places Euro area 27th out of 41 groups with data for 2024, putting it in the middle of the range.
Taxes on income, profits and capital gains in Euro area, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1973 | 19.9% | — |
| 1974 | 21.0% | +5.9% |
| 1975 | 20.0% | -5.2% |
| 1976 | 19.9% | -0.2% |
| 1977 | 20.5% | +2.7% |
| 1978 | 21.1% | +3.4% |
| 1979 | 21.7% | +2.5% |
| 1980 | 22.0% | +1.5% |
| 1981 | 22.3% | +1.3% |
| 1982 | 21.3% | -4.2% |
| 1983 | 22.5% | +5.6% |
| 1984 | 22.8% | +1.2% |
| 1985 | 23.5% | +3.2% |
| 1986 | 20.9% | -11.3% |
| 1987 | 21.8% | +4.5% |
| 1988 | 22.9% | +4.7% |
| 1989 | 24.3% | +6.0% |
| 1990 | 25.2% | +4.0% |
| 1991 | 26.0% | +3.0% |
| 1992 | 20.0% | -23.2% |
| 1993 | 18.8% | -5.8% |
| 1994 | 19.2% | +2.0% |
| 1995 | 22.1% | +15.2% |
| 1996 | 23.2% | +5.0% |
| 1997 | 23.2% | -0.0% |
| 1998 | 22.8% | -1.4% |
| 1999 | 23.2% | +1.7% |
| 2000 | 23.8% | +2.4% |
| 2001 | 22.2% | -6.6% |
| 2002 | 22.4% | +0.8% |
| 2003 | 21.8% | -2.6% |
| 2004 | 20.8% | -4.8% |
| 2005 | 20.9% | +0.9% |
| 2006 | 20.9% | -0.4% |
| 2007 | 22.5% | +7.6% |
| 2008 | 22.9% | +1.9% |
| 2009 | 20.2% | -12.0% |
| 2010 | 17.8% | -11.5% |
| 2011 | 17.6% | -1.5% |
| 2012 | 18.0% | +2.5% |
| 2013 | 19.9% | +10.3% |
| 2014 | 20.2% | +1.5% |
| 2015 | 20.0% | -0.9% |
| 2016 | 19.7% | -1.5% |
| 2017 | 19.5% | -0.7% |
| 2018 | 20.3% | +4.0% |
| 2019 | 19.6% | -3.8% |
| 2020 | 20.4% | +4.3% |
| 2021 | 22.3% | +9.5% |
| 2022 | 22.5% | +0.8% |
| 2023 | 23.9% | +6.2% |
| 2024 | 25.3% | +5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.6% | 19.9% | 21.7% | 7 |
| 1980s | 22.4% | 20.9% | 24.3% | 10 |
| 1990s | 22.4% | 18.8% | 26.0% | 10 |
| 2000s | 21.8% | 20.2% | 23.8% | 10 |
| 2010s | 19.3% | 17.6% | 20.3% | 10 |
| 2020s | 22.9% | 20.4% | 25.3% | 5 |
Countries ranked near Euro area
- 24 Luxembourg 35.6% compare
- 25 Netherlands 35.5% compare
- 26 Mali 35.4% compare
- 27 Zambia 35.1% compare
- 28 Israel 35.1% compare
- 29 India 34.8% compare
- 30 Philippines 34.7% 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 taxes on income, profits and capital gains in Euro area?
- Taxes on income, profits and capital gains in Euro area was 25.3% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Euro area?
- The highest recorded value was 26.0% in 1991.
- What is the lowest taxes on income, profits and capital gains recorded in Euro area?
- The lowest recorded value was 17.6% in 2011.
- How does Euro area rank for taxes on income, profits and capital gains?
- Euro area ranks 27th out of 41 groups with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Euro area?
- Over the last ten years it is up 25.5%. The long-run trend across the full record is flat.
- 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 Taxes on income, profits and capital gains (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.