Revenue Statistics in OECD member countries - Comparative tax revenues in Luxembourg
Luxembourg: Revenue Statistics in OECD member countries - Comparative tax revenues was 41.46 Percentage of GDP in 2024. ▲ Rising
Revenue Statistics in OECD member countries - Comparative tax revenues in Luxembourg, 1965–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2024, revenue statistics in oecd member countries - comparative tax revenues in Luxembourg stood at 41.46 Percentage of GDP. That is the highest value across all 60 years on record.
That represents a change of up 4.1% on the previous year and up 14.9% over ten years.
Over the whole period, revenue statistics in oecd member countries - comparative tax revenues in Luxembourg peaked at 41.46 Percentage of GDP in 2024 and was at its lowest, 23.27 Percentage of GDP, in 1970.
That places Luxembourg 7th out of 35 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 60 years of available data.
Revenue Statistics in OECD member countries - Comparative tax revenues in Luxembourg, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 1965 | 27.28 Percentage of GDP | — |
| 1966 | 27.02 Percentage of GDP | -1.0% |
| 1967 | 27.69 Percentage of GDP | +2.5% |
| 1968 | 26.77 Percentage of GDP | -3.3% |
| 1969 | 26.93 Percentage of GDP | +0.6% |
| 1970 | 23.27 Percentage of GDP | -13.6% |
| 1971 | 25.46 Percentage of GDP | +9.4% |
| 1972 | 25.98 Percentage of GDP | +2.1% |
| 1973 | 26.35 Percentage of GDP | +1.4% |
| 1974 | 27.23 Percentage of GDP | +3.3% |
| 1975 | 32.48 Percentage of GDP | +19.3% |
| 1976 | 32.66 Percentage of GDP | +0.6% |
| 1977 | 36.18 Percentage of GDP | +10.8% |
| 1978 | 36.84 Percentage of GDP | +1.8% |
| 1979 | 34.5 Percentage of GDP | -6.3% |
| 1980 | 35.36 Percentage of GDP | +2.5% |
| 1981 | 36.32 Percentage of GDP | +2.7% |
| 1982 | 37.53 Percentage of GDP | +3.3% |
| 1983 | 39.57 Percentage of GDP | +5.4% |
| 1984 | 38.07 Percentage of GDP | -3.8% |
| 1985 | 39.12 Percentage of GDP | +2.8% |
| 1986 | 37.1 Percentage of GDP | -5.2% |
| 1987 | 37.3 Percentage of GDP | +0.6% |
| 1988 | 35.94 Percentage of GDP | -3.6% |
| 1989 | 35.12 Percentage of GDP | -2.3% |
| 1990 | 34.68 Percentage of GDP | -1.3% |
| 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% |
Luxembourg compared with similar countries
- Luxembourg's 41.46 Percentage of GDP is above the median for high income countries, which is 35.23 Percentage of GDP, 1.2× the median. (33 countries reporting)
- Luxembourg's 41.46 Percentage of GDP is above the median for Europe & Central Asia, which is 38.02 Percentage of GDP, 1.1× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 27.13 Percentage of GDP | 26.77 Percentage of GDP | 27.69 Percentage of GDP | 5 |
| 1970s | 30.1 Percentage of GDP | 23.27 Percentage of GDP | 36.84 Percentage of GDP | 10 |
| 1980s | 37.14 Percentage of GDP | 35.12 Percentage of GDP | 39.57 Percentage of GDP | 10 |
| 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
More economy & growth data for Luxembourg
- Real gdp growth, annual growth rate 262.63 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.14 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0207 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 3,041 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.1234 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0151 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 2,220 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.62 % change on previous year (2025)
Frequently asked questions
- What is revenue statistics in oecd member countries - comparative tax revenues in Luxembourg?
- Revenue statistics in oecd member countries - 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 revenue statistics in oecd member countries - comparative tax revenues recorded in Luxembourg?
- The highest recorded value was 41.46 Percentage of GDP in 2024.
- What is the lowest revenue statistics in oecd member countries - comparative tax revenues recorded in Luxembourg?
- The lowest recorded value was 23.27 Percentage of GDP in 1970.
- How does Luxembourg rank for revenue statistics in oecd member countries - comparative tax revenues?
- Luxembourg ranks 7th out of 35 countries with data for 2024.
- Is revenue statistics in oecd member countries - 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 Revenue Statistics in OECD member countries - Comparative tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax revenue data for OECD countries presented as a percentage of GDP and as a share of total tax or non-tax revenues 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.