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Tax Revenue (Local Currency) fell 1.43% to EUR 16.3 bil in Luxembourg in 2020

Tax Revenue (Local Currency) (EUR bil), 2020
Economy | Luxembourg | February 1, 2023
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Tax revenue fell 1.43% to EUR 16.3 bil in Luxembourg in 2020, according to the National Statistical Office.

Historically, tax revenue in Luxembourg reached an all time high of EUR 16.5 bil in 2019 and an all time low of EUR 0.346 bil in 1972. When compared to Luxembourg's main peers, tax revenue in Belgium amounted to EUR 101 bil, EUR 571 bil in France, EUR 359 bil in Germany and EUR 194 bil in Netherlands in 2020.

Luxembourg has been ranked 93rd within the group of 111 countries we follow in terms of tax revenue, 14 places above the position seen 10 years ago.

Tax Revenue (Local Currency) Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Austria EUR bil 88.0 92.4 90.9 93.9 97.9
Belgium EUR bil 105 101 98.2 104 110
Denmark DKK bil 723 691 702 732 726
France EUR bil 498 510 515 543 571
Germany EUR bil 336 347 354 373 386
Italy EUR bil 404 410 425 429 429
Luxembourg EUR bil 12.8 12.6 13.4 14.3 16.0
Netherlands EUR bil 139 146 155 170 178
Poland PLN bil 267 283 302 334 369
Spain EUR bil 146 153 154 159 171
United Kingdom GBP bil 463 480 506 532 549