EUROSTAT publishes EU tax-to-GDP ratio and the euro area will fall in 2023
Relevant data The overall tax-to-GDP ratio, i.e. the sum of net taxes and social contributions as a percentage of gross domestic product (GDP), stood at 40.0% in the EU in 2023, down from 40.7% in 2022. In the euro area, the tax-to-GDP ratio also declined from 41.4% in 2022 to 40.6% in 2023. In absolute […]
EUROSTAT publishes EU tax-to-GDP ratio and the euro area will fall in 2023 Read More »