The overall tax-to-GDP ratio, meaning the sum of taxes and net social contributions as a percentage of Gross Domestic Product, stood at 40.2% in the European Union (EU) in 2017, an increase compared with 2016 (39.9%). In the euro area, tax revenue accounted for 41.4% of GDP in 2017, slightly up from 41.2% in 2016.
This information comes from a publication issued by Eurostat, the statistical office of the European Union. Tax indicators are compiled in a harmonised framework based on the European System of Accounts (ESA 2010), enabling an accurate comparison of the tax systems and tax policies between EU Member States.
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