Monday, January 7, 2013

Tax revenue in 2013


As a ratio of GDP, tax revenues (including social contributions) accounted for 40.0 % of GDP in the European Union (EU-27) and 40.8 % of GDP in the euro area (EA-17). This represents an increase of 0.4 pp. of GDP in the EU-27 and 0.5 in the EA-17. In absolute terms, tax revenues in 2011 surpassed pre-crisis levels both in the EU-27 and the euro area.
In 2011 tax revenues made up just under than 90 % of total general government revenue in the European Union. Taxes on production and imports accounted for 13.4 % of GDP and current taxes on income, wealth, etc. 12.6 % of GDP. The share of current taxes on income, wealth, etc. has decreased from 2007 to 2010, but a slight increase is noted in 2011. The share of social contributions increased noticeably from 2008 to 2009, went on to decrease further in 2010, but stayed relatively stable between 2010 and 2011, to stand at 13.9 % of GDP.
Source: http://epp.eurostat.ec.europa.eu/

No comments:

Post a Comment