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European Union Tax revenue (% of GDP) 2026: Interactive Chart & Historical Data

Tax revenue (% of GDP) in European Union stood at 19.78% in 2024, according to World Bank. The latest value is up 0.15 percentage points from 19.63% in 2023. Ten years earlier, in 2014, the value was 19.87% (down 0.08 percentage points since). The highest value since 1973 was 20.12% in 1999, the lowest 14.33% in 1975.

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 European Union. 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 European Union, 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 European Union?

Tax revenue (% of GDP) in European Union stood at 19.78% in 2024, according to World Bank.

Is Tax revenue (% of GDP) in European Union rising or falling?

The latest value is up 0.15 percentage points from 19.63% in 2023. Ten years earlier, in 2014, the value was 19.87% (down 0.08 percentage points since).

What is the highest Tax revenue (% of GDP) on record in European Union?

The highest value since 1973 was 20.12% in 1999, the lowest 14.33% in 1975.

Metadata for Tax revenue (% of GDP) in European Union
IndicatorTax revenue (% of GDP)
CountryEuropean Union
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) — European Union [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-tax-totl-gd-zs/EUU. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS

MLA

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

Chicago

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

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