Tax revenue (% of GDP) - Country Ranking - Europe

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 Denmark 34.28 2019
2 Sweden 27.30 2019
3 Luxembourg 26.58 2019
4 Greece 26.19 2019
5 Austria 25.58 2019
6 Malta 25.50 2019
7 United Kingdom 24.91 2019
8 Italy 24.59 2019
9 France 24.55 2019
10 Serbia 24.05 2019
11 Netherlands 24.02 2019
12 Cyprus 23.45 2019
13 Norway 23.16 2019
14 Belgium 22.61 2019
15 Hungary 22.48 2019
16 Portugal 22.20 2019
17 Iceland 21.78 2019
18 Croatia 21.71 2019
19 Estonia 21.32 2019
20 Latvia 21.27 2019
21 Finland 20.67 2019
22 Bulgaria 20.23 2019
23 Bosnia and Herzegovina 20.10 2019
24 Lithuania 19.83 2019
25 Ukraine 19.20 2019
26 Slovak Republic 18.70 2019
27 Slovenia 18.28 2019
28 Albania 18.15 2019
29 Ireland 17.73 2019
30 Turkey 17.65 2020
31 Moldova 17.31 2019
32 Poland 17.30 2019
33 North Macedonia 17.08 2019
34 San Marino 16.91 2019
35 Czech Republic 14.69 2019
36 Romania 14.60 2019
37 Spain 13.76 2019
38 Belarus 13.30 2019
39 Germany 11.40 2019
40 Switzerland 9.78 2019

More rankings: Africa | Asia | Central America & the Caribbean | Europe | Middle East | North America | Oceania | South America | World |

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Aggregation method: Weighted average

Periodicity: Annual