The general tax-to-GDP ratio, which means the sum of taxes and web social contributions as a proportion of gross home product (GDP), stood at 40.0% within the EU in 2023, a lower in contrast with 2022 (40.7%). Within the eurozone, the tax-to-GDP ratio additionally decreased from 41.4% in 2022 to 40.6% in 2023.
In absolute phrases, in 2023, income from taxes and social contributions elevated by €308 billion within the EU in contrast with 2022, to face at €6,883bn.
This data comes from knowledge on taxation printed by Eurostat at this time. This text presents some findings from the extra detailed Statistics Defined article.
Highest tax-to-GDP ratio in France, Belgium and Denmark
The tax-to-GDP ratio diversified considerably between EU international locations in 2023, with the very best shares of taxes and social contributions as a proportion of GDP being recorded in France (45.6%), Belgium (44.8%) and Denmark (44.1%).
On the reverse finish of the size, Eire (22.7%), Romania (27.0%) and Malta (27.1%) registered the bottom ratios.
Supply dataset: gov_10a_taxag
Largest will increase of tax-to-GDP ratios in Cyprus and Luxembourg
In 2023, in contrast with 2022, the tax-to-GDP ratio elevated in 11 EU international locations, with the biggest will increase being noticed in Cyprus (from 35.9% in 2022 to 38.8% in 2023) and Luxembourg (40.2% in 2022 and 42.8% in 2023).
In distinction, decreases of greater than 0.1 proportion factors of GDP had been recorded in 12 EU international locations, with the biggest decreases famous in Greece (from 42.8% in 2022 to 40.7% in 2023) and France (from 47.6% in 2022 to 45.6% in 2023).
Supply dataset: gov_10a_taxag
For extra data
- Statistics Defined article on tax income statistics
- Thematic part on authorities finance statistics
- Database on authorities finance statistics
- Metadata file on taxes and social contributions
Methodological notes
The mixture knowledge sequence for the euro space commented on on this article refers to EA20: Belgium, Germany, Estonia, Eire, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.