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Tax-to-GDP ratio up to 40.3% in EU

Tax-to-GDP ratio up to 40.3% in EU

(30 October 2019) - The tax-to-GDP ratio, meaning the sum of taxes and net social contributions as a percentage of Gross Domestic Product, stood at 40.3% in the EU in 2018. In the euro area, tax revenue accounted for 41.7% of GDP. © More information

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