Taxes on property, Ratio of this level of government's revenue from in Luxembourg
Luxembourg: Taxes on property, Ratio of this level of government's revenue from was 0.9563 in 2020. ▲ Rising
Taxes on property, Ratio of this level of government's revenue from in Luxembourg, 1995–2020
Source: International Monetary Fund.
Analysis
In 2020, taxes on property, ratio of this level of government's revenue from in Luxembourg stood at 0.9563.
That represents a change of down 0.2% on the previous year and up 6.7% over ten years.
Over the whole period, taxes on property, ratio of this level of government's revenue from in Luxembourg peaked at 0.9583 in 2019 and was at its lowest, 0.8539, in 1995.
Luxembourg ranks 6th of 78 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 26 years of available data.
Taxes on property, Ratio of this level of government's revenue from in Luxembourg, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.8539 | — |
| 1996 | 0.876 | +2.6% |
| 1997 | 0.8739 | -0.2% |
| 1998 | 0.8751 | +0.1% |
| 1999 | 0.9021 | +3.1% |
| 2000 | 0.8913 | -1.2% |
| 2001 | 0.8878 | -0.4% |
| 2002 | 0.8968 | +1.0% |
| 2003 | 0.8986 | +0.2% |
| 2004 | 0.8759 | -2.5% |
| 2005 | 0.8891 | +1.5% |
| 2006 | 0.8827 | -0.7% |
| 2007 | 0.8876 | +0.6% |
| 2008 | 0.8877 | +0.0% |
| 2009 | 0.8995 | +1.3% |
| 2010 | 0.8964 | -0.4% |
| 2011 | 0.9054 | +1.0% |
| 2012 | 0.9092 | +0.4% |
| 2013 | 0.9112 | +0.2% |
| 2014 | 0.9092 | -0.2% |
| 2015 | 0.9265 | +1.9% |
| 2016 | 0.9413 | +1.6% |
| 2017 | 0.9428 | +0.2% |
| 2018 | 0.9526 | +1.0% |
| 2019 | 0.9583 | +0.6% |
| 2020 | 0.9563 | -0.2% |
Luxembourg compared with similar countries
- Luxembourg's 0.9563 is above the median for high income countries, which is 0.0531, 18.0× the median. (42 countries reporting)
- Luxembourg's 0.9563 is above the median for Europe & Central Asia, which is 0.0349, 27.4× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.8762 | 0.8539 | 0.9021 | 5 |
| 2000s | 0.8897 | 0.8759 | 0.8995 | 10 |
| 2010s | 0.9253 | 0.8964 | 0.9583 | 10 |
| 2020s | 0.9563 | 0.9563 | 0.9563 | 1 |
Countries ranked near Luxembourg
- 7 Azerbaijan 0.9497 compare
- 8 Afghanistan 0.9044 compare
- 9 Greece 0.6463 compare
More public sector data for Luxembourg
- Democracy, 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)
- Elected parliament, 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)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is taxes on property, ratio of this level of government's revenue from in Luxembourg?
- Taxes on property, ratio of this level of government's revenue from in Luxembourg was 0.9563 in 2020, according to International Monetary Fund.
- What is the highest taxes on property, ratio of this level of government's revenue from recorded in Luxembourg?
- The highest recorded value was 0.9583 in 2019.
- What is the lowest taxes on property, ratio of this level of government's revenue from recorded in Luxembourg?
- The lowest recorded value was 0.8539 in 1995.
- How does Luxembourg rank for taxes on property, ratio of this level of government's revenue from?
- Luxembourg ranks 6th out of 78 countries with data for 2020.
- Is taxes on property, ratio of this level of government's revenue from rising or falling in Luxembourg?
- Over the last ten years it is up 6.7%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from International Monetary Fund, published as part of Taxes on property, Ratio of this level of government's revenue from this item to total general government revenue from this item, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.