Key information about US Tax revenue: % of GDP

• United States Tax revenue: % of GDP was reported at 16.6 % in Dec 2024.
• This records an increase from the previous number of 16.2 % for Dec 2023.
• US Tax revenue: % of GDP data is updated yearly, averaging 17.0 % from Dec 1968 to 2024, with 57 observations.
• The data reached an all-time high of 19.5 % in 2000 and a record low of 13.7 % in 2009.
• US Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Annual.

CEIC calculates annual Tax Revenue as % of Nominal GDP from monthly Tax Revenue and annual Nominal GDP. Tax Revenue is calculated as the sum of Individual Income Taxes, Corporation Income Taxes, Social Insurance Taxes, Excise Tax, Estate and Gift Taxes and Customs Duties. The Bureau of the Fiscal Service provides Tax Revenue in USD. The Bureau of Economic Analysis provides Nominal GDP in USD.

Key information about EU Tax revenue: % of GDP

• European Union Tax revenue: % of GDP was reported at 25.8 % in Dec 2023.
• This records a decrease from the previous number of 26.5 % for Dec 2022.
• EU Tax revenue: % of GDP data is updated yearly, averaging 25.9 % from Dec 1995 to 2023, with 29 observations.
• The data reached an all-time high of 26.7 % in 2021 and a record low of 24.4 % in 1995.
• EU Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Annual.

CEIC calculates annual Tax Revenue as % of Nominal GDP from annual Tax Revenue and quarterly Nominal GDP. Tax Revenue is calculated as the sum of Production and Import Tax and Current Taxes on Income Wealth and Etc. Eurostat provides Tax Revenue in EUR and Nominal GDP in EUR. European Union stands for EU27 excluding UK.

For a long time, governments of all countries have attached great importance to the development of underground economic activities. The reason is that the characteristics of the underground economy are hidden and the information disclosure is not sufficient, which not only distorts the economic data indicators, but more importantly, the existence of the underground economy has led to the loss of a large amount of tax base, affecting the long-term economic development of the country. Whether raising the tax burden rate boosts the tax revenue or expand the scale of the underground economy. In this paper, we use Kuznet Tax Curve (KTC) method to analyze the relationship between GDP and TTR/DTR/ITR. We find that the tax base erosion rate of indirect tax is lower than that of direct tax. In addition, we explore the relationship among economic growth, tax rate and tax revenue and adopt SUR-OLS method and Threshold approach to estimate the response of economic growth on total tax revenue(TTR), direct tax revenue(DTR) and indirect tax revenue (ITR) in Taiwan from 1991-2020. Our empirical research shows that when DTR tax rates are between 12.59% and 13%, an increase in income leads to a decrease, not an increase, in DTR, leading to severe tax base erosion. That is, the relationship between GDP and DTR presents a N-shaped relationship. However, ITR does not exist any tax rate threshold effect. Obviously, with the increase of GDP, ITR also increases. This reflects that the difference of tax structure between direct tax and indirect tax plays a key role in the relationship between tax rate and tax base erosion.

Graph and download economic data for Federal government current tax receipts (W006RC1Q027SBEA) from Q1 1947 to Q2 2025 about receipts, tax, federal, government, GDP, and USA.

Tax revenue (% of GDP) in India was reported at 6.7344 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Tax revenue (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

In 2023, tax revenues accounted for ** percent of Brazil's gross domestic product. This represents a decrease from **** percent reported a year earlier. Brazil has one of the highest tax revenue as percentage of GDP in Latin America and the Caribbean.

Graph and download economic data for Federal government current tax receipts: Taxes on production and imports: Customs duties (B235RC1Q027SBEA) from Q1 1959 to Q2 2025 about receipts, imports, tax, federal, production, government, GDP, and USA.

Key information about Brazil Tax revenue: % of GDP

• Brazil Tax revenue: % of GDP was reported at 16.7 % in Dec 2024.
• This records an increase from the previous number of 15.8 % for Sep 2024.
• Brazil Tax revenue: % of GDP data is updated quarterly, averaging 15.2 % from Sep 1994 to Dec 2024, with 122 observations.
• The data reached an all-time high of 18.2 % in Mar 2022 and a record low of 8.6 % in Sep 1996.
• Brazil Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Quarterly.

CEIC calculates quarterly Tax Revenue as % of Nominal GDP from monthly Tax Revenue and monthly Nominal GDP. Special Secretariat of the Federal Revenue of Brazil provides Tax Revenue in local currency and Nominal GDP in local currency based on SNA 2010.

France - GDP and main components: Taxes less subsidies on products was EUR64295.90 Million in June of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for France - GDP and main components: Taxes less subsidies on products - last updated from the EUROSTAT on October of 2025. Historically, France - GDP and main components: Taxes less subsidies on products reached a record high of EUR67571.80 Million in September of 2021 and a record low of EUR32604.60 Million in March of 1981.

In Italy, the total tax revenue in 2019 amounted to **** percent of the country's Gross Domestic Product. Between 2009 and 2019, the tax revenue in relation to the GDP remained stable.

Key information about Russia Tax revenue: % of GDP

• Russia Tax revenue: % of GDP was reported at 21.4 % in Jun 2024.
• This records a decrease from the previous number of 23.2 % for Mar 2024.
• Russia Tax revenue: % of GDP data is updated quarterly, averaging 19.7 % from Mar 1996 to Jun 2024, with 114 observations.
• The data reached an all-time high of 29.6 % in Dec 1997 and a record low of 14.5 % in Sep 2013.
• Russia Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Quarterly.

CEIC calculates annual Tax Revenue as % of Nominal GDP from monthly Tax Revenue and quarterly Nominal GDP. The Federal Tax Service of Russia provides year-to-date Tax Revenue in local currency. Federal State Statistics Service provides Nominal GDP in local currency based on SNA 2008. Nominal GDP prior to Q1 2011 is based on SNA 1993.

This statistic displays the tax-to-GDP ratio in the Netherlands from 2000 to 2021. It shows that the tax-to-GDP ratio in the Netherlands has stayed relatively stable throughout the years. In 2000, the tax-to-GDP ratio amounted to roughly 37 percent. As of 2021, the tax-to-GDP ratio was nearly 39.7 percent.

Tax revenue (% of GDP) in Romania was reported at 16.16 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Romania - Tax revenue (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

Graph and download economic data for Federal Government: Tax Receipts on Corporate Income (FCTAX) from 1929 to 2024 about receipts, tax, corporate, federal, government, income, GDP, and USA.

In 2024/25, income tax accounted for 10.8 percent of gross domestic product in the United Kingdom, the largest tax as a share of GDP in this financial year. Throughout this time period, income tax has accounted for the highest share of GDP among UK taxes, followed by VAT and National Insurance Tax being the second-largest tax, depending on the relevant year. What does the government spend this on? For the 2025/26 fiscal year, the UK government expects to spend around 379 billion British pounds on social protection, which includes spending on pensions and welfare. The budget for health spending is 277 billion pounds, followed by 146 billion pounds on education. Since the 1980s, the share of GDP the UK spends on health has increased substantially, growing from four percent in 1984/85, to seven percent before the COVID-19 pandemic. By contrast, spending on defence fell from 4.6 percent of GDP to just 1.8 percent in the same time period. Debt approaching 100 percent of GPD The fourth-largest spending category in the latest UK government budget was that of debt interest, at a substantial 126 billion pounds. After taking a significant economic hit during the COVID-19 pandemic, the UK's government debt increased from around 80 percent of GDP, to almost 97 percent in one fiscal year. Although that debt is not expected to increase further in the coming years, the costs of financing that debt has put immense pressure on government finances, especially with rising borrowing costs.

Tax revenue (% of GDP) in Serbia was reported at 23.9 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Serbia - Tax revenue (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Tax revenue (% of GDP) in Greece was reported at 26.63 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Greece - Tax revenue (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

In 2024, government revenue in Sri Lanka accounted for **** percent of the nation's gross domestic product (GDP). This represented an increase from 2023, when government revenue in Sri Lanka accounted for **** percent of the country's GDP.

Key information about Vietnam Tax revenue: % of GDP

• Vietnam Tax revenue: % of GDP was reported at 11.4 % in Dec 2024.
• This records a decrease from the previous number of 11.5 % for Dec 2023.
• Vietnam Tax revenue: % of GDP data is updated yearly, averaging 14.6 % from Dec 2010 to 2024, with 15 observations.
• The data reached an all-time high of 17.6 % in 2010 and a record low of 11.4 % in 2024.
• Vietnam Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Annual.

CEIC calculates annual Tax Revenue as % of Nominal GDP from quarterly Tax Revenue and annual Nominal GDP. The Ministry of Finance provides year-to-date Tax Revenue in local currency. Central Statistical Organization provides Nominal GDP in local currency.

Abstract: Agribusiness, including all its dimensions, is the largest economic sector in Brazil and plays a fundamental role in the development of the country's economy. About one-fourth of the Brazilian Gross Domestic Product (GDP) is composed of agribusiness. The objective of this article is to evaluate the participation of agribusiness in the economy of an important region of Brazil from 2010 to 2015. The evaluation was carried out through the decomposition of GDP, with an analysis of aggregate inputs, agro-livestock products, industrialization, and services. This article presents three main contributions to the understanding and composition of agribusiness GDP. The novelty of this article lies in the fact that it is the first work in the literature to present the steps of the methodology for calculating GDP in a region representing Brazilian agribusiness, considering its aggregates and relating the generation of taxes and other factors. In addition to the empirical and methodological contributions, this article highlights the relevance of agribusiness to the Brazilian economy, which, in turn, has relevance to global agribusiness.