Luxembourg: Tax revenue

* indicates monthly or quarterly data series
 Luxembourg

Tax revenue, percent of GDP

 Latest value 26.11
 Year 2021
 Measure percent
 Data availability 1972 - 2021
 Average 23.64
 Min - Max 16.66 - 26.64
 Source The World Bank
The latest value from 2021 is 26.11 percent, an increase from 25.23 percent in 2020. In comparison, the world average is 17.48 percent, based on data from 105 countries. Historically, the average for Luxembourg from 1972 to 2021 is 23.64 percent. The minimum value, 16.66 percent, was reached in 1972 while the maximum of 26.64 percent was recorded in 2018. 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 data
Luxembourg - Tax revenue - Recent values chart

Historical series
Luxembourg - 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.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest Reference Measure
 Government spending, percent of GDP 17.64 2022 percent
 Government spending, in dollars 16.28 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -1.30 2023 percent
 Government debt 25.67 2023 percent
 Government expenditure 3.94 Q2/2024 billion
 Long-term interest rate 2.66 8/2024 percent
 Tax revenue 26.11 2021 percent
 Commercial tax rate 20.40 2019 percent
 Tax preparation time 55 2019 hours
 Number of taxes 23 2019 taxes
 Taxes on goods and services 28.14 2021 percent
 Taxes on international trade 0.00 1994 percent
 Income and profits taxes 32.30 2021 percent
This site uses cookies.
Learn more here


OK