Denmark: Tax revenue

* indicates monthly or quarterly data series

Tax revenue, percent of GDP

 Latest value 34.81
 Year 2021
 Measure percent
 Data availability 1972 - 2021
 Average 31.2
 Min - Max 26.49 - 36.5
 Source The World Bank
For that indicator, we provide data for Denmark from 1972 to 2021. The average value for Denmark during that period was 31.2 percent with a minimum of 26.49 percent in 1976 and a maximum of 36.5 percent in 2014. The latest value from 2021 is 34.81 percent. For comparison, the world average in 2021 based on 105 countries is 17.49 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series

Recent values chart
Denmark - Tax revenue - recent values

Historical chart
Denmark - Tax revenue - historical chart - 1972-2021

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.

 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 21.78 2022 percent
 Government spending, in dollars 87.15 2022 billion U.S. dollars
 Fiscal balance, percent of GDP 3.30 2022 percent
 Government debt 30.10 2022 percent
 Government expenditure 154.26 Q3/2023 billion
 Long-term government bond yield 2.83 9/2023 percent
 Tax revenue 34.81 2021 percent
 Commercial tax rate 23.80 2019 percent
 Tax preparation time 132 2019 hours
 Number of taxes 10 2019 taxes
 Taxes on goods and services 32.21 2021 percent
 Taxes on international trade 0.04 2021 percent
 Income and profits taxes 48.48 2021 percent
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