Tax revenue as a proportion of GDP in Luxembourg
Luxembourg: Tax revenue as a proportion of GDP was 26.8% in 2023. ▲ Rising
Latest (2023)
26.8%
Change on year
up 0.6%
World rank
10th
of 164 countries
All-time high
26.9%
in 2019
All-time low
23.3%
in 2015
Years of data
24
2000–2023
Tax revenue as a proportion of GDP in Luxembourg, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Luxembourg recorded 26.8% for tax revenue as a proportion of gdp in 2023.
That represents a change of up 0.6% on the previous year and up 9.3% over ten years.
Over the whole period, tax revenue as a proportion of gdp in Luxembourg peaked at 26.9% in 2019 and was at its lowest, 23.3%, in 2015.
That places Luxembourg 10th out of 164 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 24 years of available data.
Tax revenue as a proportion of GDP in Luxembourg, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 25.5% | — |
| 2001 | 25.0% | -1.9% |
| 2002 | 24.8% | -0.8% |
| 2003 | 24.6% | -0.6% |
| 2004 | 24.0% | -2.4% |
| 2005 | 25.3% | +5.4% |
| 2006 | 23.9% | -5.5% |
| 2007 | 24.4% | +1.9% |
| 2008 | 23.6% | -3.4% |
| 2009 | 23.8% | +1.2% |
| 2010 | 23.8% | -0.1% |
| 2011 | 24.0% | +0.7% |
| 2012 | 24.4% | +1.8% |
| 2013 | 24.6% | +0.5% |
| 2014 | 24.7% | +0.8% |
| 2015 | 23.3% | -5.8% |
| 2016 | 23.8% | +1.9% |
| 2017 | 24.5% | +3.2% |
| 2018 | 26.9% | +9.7% |
| 2019 | 26.9% | +0.0% |
| 2020 | 25.7% | -4.5% |
| 2021 | 26.0% | +1.2% |
| 2022 | 26.7% | +2.6% |
| 2023 | 26.8% | +0.6% |
Luxembourg compared with similar countries
- Luxembourg's 26.8% is above the median for high income countries, which is 19.8%, 1.4× the median. (54 countries reporting)
- Luxembourg's 26.8% is above the median for Europe & Central Asia, which is 20.4%, 1.3× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.5% | 23.6% | 25.5% | 10 |
| 2010s | 24.7% | 23.3% | 26.9% | 10 |
| 2020s | 26.3% | 25.7% | 26.8% | 4 |
Countries ranked near Luxembourg
- 7 Norway 27.1% compare
- 8 United Kingdom of Great Britain and Northern Ireland 27.0% compare
- 8 United Kingdom of Great Britain and Northern Ireland 27.0% compare
- 11 Greece 26.7% compare
- 12 Austria 25.6% compare
- 13 South Africa 25.4% 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 108.60 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 1.16 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 160,408 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -93.89 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -188.59 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.9282 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -136,679 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 9.54 % change on previous year (2025)
Frequently asked questions
- What is tax revenue as a proportion of gdp in Luxembourg?
- Tax revenue as a proportion of gdp in Luxembourg was 26.8% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest tax revenue as a proportion of gdp recorded in Luxembourg?
- The highest recorded value was 26.9% in 2019.
- What is the lowest tax revenue as a proportion of gdp recorded in Luxembourg?
- The lowest recorded value was 23.3% in 2015.
- How does Luxembourg rank for tax revenue as a proportion of gdp?
- Luxembourg ranks 10th out of 164 countries with data for 2023.
- Is tax revenue as a proportion of gdp rising or falling in Luxembourg?
- Over the last ten years it is up 9.3%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Tax revenue as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
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