In 2024, the European Union collected extra taxes and social contributions | EUROtoday
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Sin keeping with a Eurostat research, in 2024, whole income from taxes and social contributions amounted to 7,281 billion euros within the twenty-seven nations of the European Union, a rise of 387 billion euros in comparison with 2023. The general ratio of obligatory levies (PO) in relation to GDP (i.e. the sum of taxes and social contributions obtained by public administrations as a proportion of GDP) stood at 40.4% within the EU, in comparison with 39.9% in 2023.
In the Eurozone, the PO/GDP ratio additionally elevated, from 40.5% in 2023 to 40.9% in 2024. This ratio varies significantly between European nations. In 2024, the very best shares of taxes and social safety contributions as a proportion of GDP had been recorded in Denmark (45.8%), France (45.3%) and Belgium (45.1%). At the opposite finish of the dimensions, the bottom ranges of obligatory deductions had been noticed in Ireland (22.4%), Romania (28.8%) and Malta (29.3%).
At the worldwide degree, a PO/GDP ratio of 33.9%
In 2024, the PO/GDP ratio elevated in comparison with 2023 in 22 EU nations, with the most important will increase seen in Malta (from 26.7% to 29.3%), Latvia (from 33% to 35.5%) and Slovenia (from 36.8% to 38.8%). It decreased in solely 5 nations, notably in Finland (from 42.9% to 42.3%), the Netherlands (from 39.7% to 39.4%) and France (from 45.6% to 45.3%).
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On a world scale, in keeping with OECD statistics for the yr 2023, the common degree of obligatory contributions relative to GDP stands at 33.9% in nations with probably the most developed economies, 16% in Africa, 19.6% in Asia-Pacific and 21.3% in Latin America.
Among massive non-European nations, it stands at 17.7% in Mexico, 20.4% in China, 25.2% within the United States, 32% in Brazil and 34.4% in Japan. Finally, on the earth, the bottom charges of obligatory taxes as a proportion of GDP are recorded in Somalia (2.6%), Bangladesh (7.3%) and Nigeria (7.9%).
https://www.lepoint.fr/economie/en-2024-l-union-europeenne-a-davantage-collecte-d-impots-et-de-cotisations-sociales-05-11-2025-2602443_28.php