Belgium vs Luxembourg: Taxes on incomes of individuals and corporations as share of GDP

Belgium
15.8%
in 2023
Luxembourg
16.6%
in 2023
Belgium rank
9th
Luxembourg rank
8th

Taxes on incomes of individuals and corporations as share of GDP over time

  • Belgium
  • Luxembourg
05101520198020012023

How they compare

Luxembourg currently reports 16.6% against 15.8% in Belgium, a difference of 0.8%.

The two have swapped places 3 times across 44 shared years of data; in 1980 it was Belgium ahead.

Belgium ranks 9th and Luxembourg ranks 8th of 184 countries.

Belgium has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Belgium Luxembourg Difference Ahead
1980s 17.5% 15.4% 2.1% Belgium
1990s 16.2% 14.1% 2.1% Belgium
2000s 16.1% 13.0% 3.2% Belgium
2010s 15.5% 13.5% 2.1% Belgium
2020s 15.4% 15.1% 0.3% Belgium

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes on incomes of individuals and corporations as share of gdp, Belgium or Luxembourg?
Luxembourg, at 16.6% against 15.8% in Belgium as of 2023.
What is the difference in taxes on incomes of individuals and corporations as share of gdp between Belgium and Luxembourg?
0.8%, with Luxembourg ahead.
How many years of comparable data are there for Belgium and Luxembourg?
44 years are reported by both, from 1980 to 2023.
How do Belgium and Luxembourg rank globally for taxes on incomes of individuals and corporations as share of gdp?
Belgium ranks 9th and Luxembourg ranks 8th of 184 countries.
Where does this data come from?
UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as Taxes on incomes of individuals and corporations as share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Belgium vs Luxembourg: Taxes on incomes of individuals and corporations as share of GDP. Statizoid, drawing on UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Retrieved 18 September 2026, from https://economy.statizoid.com/compare/taxes-on-incomes-of-individuals-and-corporations-gdp/belgium/luxembourg/

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About this data

Indicator
Taxes on incomes of individuals and corporations as share of GDP
Unit
%
Source
UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
184 places, 5,764 data points, 1980–2023
Last refreshed

Tax revenue on incomes, profits and capital gains divided by gross domestic product, expressed as a percentage.