Global Revenue Statistics - Comparative tax revenues in Luxembourg
Luxembourg: Global Revenue Statistics - Comparative tax revenues was 41.46 Percentage of GDP in 2024. ▲ Rising
Global Revenue Statistics - Comparative tax revenues in Luxembourg, 1990–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Luxembourg recorded 41.46 Percentage of GDP for global revenue statistics - comparative tax revenues in 2024. That is the highest value across all 35 years on record.
The figure is up 4.1% on the previous year and up 14.9% over ten years.
Over the whole period, global revenue statistics - comparative tax revenues in Luxembourg peaked at 41.46 Percentage of GDP in 2024 and was at its lowest, 32.5 Percentage of GDP, in 1991.
Luxembourg ranks 7th of 135 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 35 years of available data.
Global Revenue Statistics - Comparative tax revenues in Luxembourg, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 1990 | 34.68 Percentage of GDP | — |
| 1991 | 32.5 Percentage of GDP | -6.3% |
| 1992 | 33.38 Percentage of GDP | +2.7% |
| 1993 | 35.43 Percentage of GDP | +6.2% |
| 1994 | 35.83 Percentage of GDP | +1.1% |
| 1995 | 35.99 Percentage of GDP | +0.4% |
| 1996 | 36.46 Percentage of GDP | +1.3% |
| 1997 | 36.71 Percentage of GDP | +0.7% |
| 1998 | 37.38 Percentage of GDP | +1.8% |
| 1999 | 36.72 Percentage of GDP | -1.8% |
| 2000 | 37.02 Percentage of GDP | +0.8% |
| 2001 | 37.23 Percentage of GDP | +0.6% |
| 2002 | 37.41 Percentage of GDP | +0.5% |
| 2003 | 37.4 Percentage of GDP | -0.1% |
| 2004 | 36.24 Percentage of GDP | -3.1% |
| 2005 | 37.44 Percentage of GDP | +3.3% |
| 2006 | 35.31 Percentage of GDP | -5.7% |
| 2007 | 35.75 Percentage of GDP | +1.3% |
| 2008 | 35.03 Percentage of GDP | -2.0% |
| 2009 | 36.27 Percentage of GDP | +3.6% |
| 2010 | 35.65 Percentage of GDP | -1.7% |
| 2011 | 36.13 Percentage of GDP | +1.3% |
| 2012 | 36.41 Percentage of GDP | +0.8% |
| 2013 | 36.18 Percentage of GDP | -0.6% |
| 2014 | 36.08 Percentage of GDP | -0.3% |
| 2015 | 34.78 Percentage of GDP | -3.6% |
| 2016 | 35.46 Percentage of GDP | +2.0% |
| 2017 | 36.65 Percentage of GDP | +3.4% |
| 2018 | 39.61 Percentage of GDP | +8.1% |
| 2019 | 39.93 Percentage of GDP | +0.8% |
| 2020 | 38.68 Percentage of GDP | -3.1% |
| 2021 | 38.27 Percentage of GDP | -1.1% |
| 2022 | 39.19 Percentage of GDP | +2.4% |
| 2023 | 39.81 Percentage of GDP | +1.6% |
| 2024 | 41.46 Percentage of GDP | +4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 35.51 Percentage of GDP | 32.5 Percentage of GDP | 37.38 Percentage of GDP | 10 |
| 2000s | 36.51 Percentage of GDP | 35.03 Percentage of GDP | 37.44 Percentage of GDP | 10 |
| 2010s | 36.69 Percentage of GDP | 34.78 Percentage of GDP | 39.93 Percentage of GDP | 10 |
| 2020s | 39.48 Percentage of GDP | 38.27 Percentage of GDP | 41.46 Percentage of GDP | 5 |
Countries ranked near Luxembourg
- 4 Democratic Republic of the Congo 10.93 Percentage of GDP compare
- 4 Italy 42.75 Percentage of GDP compare
- 5 Cabo Verde 18.69 Percentage of GDP compare
- 5 Timor-Leste 10.02 Percentage of GDP compare
- 5 Belgium 42.57 Percentage of GDP compare
- 6 Finland 42.22 Percentage of GDP compare
- 8 Sweden 41.44 Percentage of GDP compare
- 9 Norway 40.19 Percentage of GDP compare
- 10 Greece 39.83 Percentage of GDP compare
More economy & growth data for Luxembourg
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.47 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- Services, value added (current US$), annual growth rate 8.8 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.8145 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 119,932 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 4.22 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 0.7208 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 106,136 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 1.25 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5638 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is global revenue statistics - comparative tax revenues in Luxembourg?
- Global revenue statistics - comparative tax revenues in Luxembourg was 41.46 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest global revenue statistics - comparative tax revenues recorded in Luxembourg?
- The highest recorded value was 41.46 Percentage of GDP in 2024.
- What is the lowest global revenue statistics - comparative tax revenues recorded in Luxembourg?
- The lowest recorded value was 32.5 Percentage of GDP in 1991.
- How does Luxembourg rank for global revenue statistics - comparative tax revenues?
- Luxembourg ranks 7th out of 135 countries with data for 2024.
- Is global revenue statistics - comparative tax revenues rising or falling in Luxembourg?
- Over the last ten years it is up 14.9%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Global Revenue Statistics - Comparative tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax revenue data from countries included in Global Revenue Statistics, presented as a percentage of GDP and as a share of total tax revenue, as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax.