{"id":155854,"date":"2025-10-31T19:31:17","date_gmt":"2025-10-31T19:31:17","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/155854\/"},"modified":"2025-10-31T19:31:17","modified_gmt":"2025-10-31T19:31:17","slug":"eu-and-euro-area-tax-to-gdp-ratio-up-in-2024-news-articles","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/155854\/","title":{"rendered":"EU and euro area tax-to-GDP ratio up in 2024 – News articles"},"content":{"rendered":"

The overall tax-to-GDP ratio, meaning the sum of taxes<\/a> and net social contributions<\/a> as a percentage of gross domestic product<\/a> (GDP), stood at 40.4% in the EU<\/a> in 2024, an increase from 39.9% in 2023. In the euro area<\/a>, the tax-to-GDP ratio also increased from 40.5% in 2023 to 40.9% in 2024.<\/p>\n

In absolute terms, in 2024, revenue from taxes and social contributions increased by \u20ac387 billion in the EU compared with 2023, to stand at \u20ac7 281 billion.<\/p>\n

This information comes from data on taxation<\/a> published by Eurostat today. This article presents some findings from the more detailed Statistics Explained article on tax revenue statistics<\/a>.<\/p>\n

Highest tax-to-GDP ratio in Denmark, France and Belgium<\/p>\n

The tax-to-GDP ratio varied significantly between EU countries in 2024, with the highest shares of taxes and social contributions as a percentage of GDP being recorded in Denmark (45.8%), France (45.3%) and Belgium (45.1%).<\/p>\n

At the opposite end of the scale, Ireland (22.4%), Romania (28.8%) and Malta (29.3%) registered the lowest ratios.\u00a0<\/p>\n

\"Revenue<\/a><\/p>\n

Source dataset: gov_10a_taxag<\/a><\/p>\n

Largest increases of tax-to-GDP ratios in Malta, Latvia and Slovenia<\/p>\n

In 2024, compared with 2023, the tax-to-GDP ratio increased in 22 EU countries, with the largest increases observed in Malta (from 26.7% in 2023 to 29.3% in 2024), Latvia (33.0% in 2023 and 35.5% in 2024) and Slovenia (from 36.8% in 2023 to 38.8% in 2024).<\/p>\n

In contrast, there were decreases in the tax-to-GDP ratio in 5 EU countries, ranging between -0.5 and -0.1 percentage points<\/a>.<\/p>\n

\"Changes<\/a><\/p>\n

Source dataset: gov_10a_taxag<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The overall tax-to-GDP ratio, meaning the sum of taxes and net social contributions as a percentage of gross…\n","protected":false},"author":2,"featured_media":155855,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[79,5720,179,20164,18,20163,19,17],"class_list":{"0":"post-155854","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-data-driven-news","10":"tag-economy","11":"tag-economy-and-finance","12":"tag-eire","13":"tag-gov","14":"tag-ie","15":"tag-ireland"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115470446437726784","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/155854","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=155854"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/155854\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/155855"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=155854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=155854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=155854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}