Finland vs Luxembourg: Taxes on incomes of individuals and corporations as share of GDP
Finland
15.6%
in 2023
Luxembourg
16.6%
in 2023
Finland rank
10th
Luxembourg rank
8th
Taxes on incomes of individuals and corporations as share of GDP over time
- Finland
- Luxembourg
How they compare
Luxembourg currently reports 16.6% against 15.6% in Finland, a difference of 1.0%.
That makes Luxembourg's figure about 1.1 times Finland's.
The two have swapped places 8 times across 44 shared years of data; in 1980 it was Luxembourg ahead.
Finland ranks 10th and Luxembourg ranks 8th of 184 countries.
Finland has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Finland | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 15.5% | 15.4% | 0.1% | Finland |
| 1990s | 16.6% | 14.1% | 2.5% | Finland |
| 2000s | 16.6% | 13.0% | 3.7% | Finland |
| 2010s | 15.0% | 13.5% | 1.5% | Finland |
| 2020s | 15.5% | 15.1% | 0.4% | Finland |
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, Finland or Luxembourg?
- Luxembourg, at 16.6% against 15.6% in Finland as of 2023.
- What is the difference in taxes on incomes of individuals and corporations as share of gdp between Finland and Luxembourg?
- 1.0%, with Luxembourg ahead.
- How many years of comparable data are there for Finland and Luxembourg?
- 44 years are reported by both, from 1980 to 2023.
- How do Finland and Luxembourg rank globally for taxes on incomes of individuals and corporations as share of gdp?
- Finland ranks 10th 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.
Individual pages
About this data
Tax revenue on incomes, profits and capital gains divided by gross domestic product, expressed as a percentage.