Luxembourg vs South America: Tax revenue as a proportion of GDP
Luxembourg
26.8%
in 2023
South America
14.1%
in 2023
Luxembourg rank
10th
South America rank
12th
Tax revenue as a proportion of GDP over time
- Luxembourg
- South America
How they compare
Luxembourg currently reports 26.8% against 14.1% in South America, a difference of 12.7%.
That makes Luxembourg's figure about 1.9 times South America's.
Across all 14 years both countries report, Luxembourg has been ahead every year.
Luxembourg ranks 10th and South America ranks 12th of 164 countries.
Luxembourg has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Luxembourg | South America | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 24.7% | 14.1% | 10.6% | Luxembourg |
| 2020s | 26.3% | 13.9% | 12.4% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue as a proportion of gdp, Luxembourg or South America?
- Luxembourg, at 26.8% against 14.1% in South America as of 2023.
- What is the difference in tax revenue as a proportion of gdp between Luxembourg and South America?
- 12.7%, with Luxembourg ahead.
- How many years of comparable data are there for Luxembourg and South America?
- 14 years are reported by both, from 2010 to 2023.
- How do Luxembourg and South America rank globally for tax revenue as a proportion of gdp?
- Luxembourg ranks 10th and South America ranks 12th of 164 countries.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Tax revenue as a proportion of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.