Pre-COVID tax revenue one of the highest ever, says report

In 2018, total tax revenues increased to 40.2% of Gross Domestic Product (GDP), one of the highest levels ever reached in the EU. This is just one of the findings of the 2020 Taxation Trends report, a yearly snapshot of tax systems in the EU, Iceland and Norway, which was published on 7 July.

The report offers a breakdown of tax levels in the EU and provides extensive and comparable data on the different tax structures and rates of Member States. The Tax Trends report also contains data on environmental and property taxation, plus rates for personal and corporate income taxes. For example, revenues from environmental taxes, as a percentage of GDP, were found to remain stable in 2018 compared with the previous year. Energy taxes were also the main source of environmental tax revenues in the EU and in all Member States.

With all the raw data and charts available for download, the report offers a wealth of data for evidence-based policy analysis and development.

To read the report, please go to Taxation Trends Report webpage.