United Kingdom: Tax revenue

(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series

United Kingdom: Tax revenue, percent of GDP, 1972 - 2019:

For that indicator, we provide data for the United Kingdom from 1972 to 2019. The average value for the United Kingdom during that period was 24.46 percent with a minimum of 21.07 percent in 1973 and a maximum of 26.5 percent in 2008. The latest value from 2019 is 25.33 percent. For comparison, the world average in 2019 based on 115 countries is 17.40 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

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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.
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