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Europe & Central Asia Tax revenue (% of GDP) 2026: Interactive Chart & Historical Data

Tax revenue (% of GDP) in Europe & Central Asia stood at 19.66% in 2024, according to World Bank. The latest value is up 0.08 percentage points from 19.58% in 2023. Ten years earlier, in 2014, the value was 19.47% (up 0.18 percentage points since). The highest value since 1972 was 20.02% in 2007, the lowest 15.56% in 1973.

Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1972–2024
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What is Tax revenue (% of GDP)?

Tax revenue (% of GDP), measured in %, measures the total economic output of Europe & Central Asia. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In Europe & Central Asia, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.

Key facts

What is the latest Tax revenue (% of GDP) in Europe & Central Asia?

Tax revenue (% of GDP) in Europe & Central Asia stood at 19.66% in 2024, according to World Bank.

Is Tax revenue (% of GDP) in Europe & Central Asia rising or falling?

The latest value is up 0.08 percentage points from 19.58% in 2023. Ten years earlier, in 2014, the value was 19.47% (up 0.18 percentage points since).

What is the highest Tax revenue (% of GDP) on record in Europe & Central Asia?

The highest value since 1972 was 20.02% in 2007, the lowest 15.56% in 1973.

Metadata for Tax revenue (% of GDP) in Europe & Central Asia
IndicatorTax revenue (% of GDP)
CountryEurope & Central Asia
CategoryMacroeconomics
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

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Source:World Bank — series GC.TAX.TOTL.GD.ZS
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Tax revenue (% of GDP) — Europe & Central Asia [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-tax-totl-gd-zs/ECS. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS

MLA

World Bank. "Tax revenue (% of GDP) — Europe & Central Asia." EconDash, 2026, https://econdash.org/chart/wdi-gc-tax-totl-gd-zs/ECS. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS.

Chicago

World Bank. 2026. "Tax revenue (% of GDP) — Europe & Central Asia." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-tax-totl-gd-zs/ECS. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS.

BibTeX
@misc{econdash_wdi_gc_tax_totl_gd_zs_ecs,
  author = {{World Bank}},
  title = {{Tax revenue (\% of GDP) --- Europe \& Central Asia}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-gc-tax-totl-gd-zs/ECS},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS}
}