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Luxembourg Tax Revenue

Tax revenue as % of GDP  GC.TAX.TOTL.GD.ZS

Luxembourg's tax revenue was 26.79% in 2025, ranked 9th globally. This represents a 0.2% decrease from 2024. Data from World Bank, covering 1972–2025.

26.79% −0.06% (-0.2%)
Year 2025 Rank #9 Global Peak 26.89% (2019) Source World Bank

Luxembourg Tax Revenue (1972–2025)

Overview

Luxembourg's tax revenue stood at 26.79% in 2025, a decline of +0.06% from 2023. Based on recent trends, this figure is projected to reach 26.79% by 2025. Luxembourg ranked 9th globally.

Luxembourg’s tax revenue as a share of GDP has risen markedly since the earliest World Bank observation in 1972, when it stood at 16.66 % and represented the all‑time trough for the 53‑year series. The upward trajectory accelerated in the 2000s, culminating in an all‑time peak of 26.89 % in 2019, before a modest decline to 26.79 % in 2025, which places the Grand Duchy at ninth globally. This level is comparable to peer economies such as the United Kingdom (27.90 %) and Austria (26.10 %), indicating that Luxembourg remains among the highest tax‑to‑GDP ratios in the world despite a slight post‑peak dip. The sustained increase reflects both the expansion of fiscal capacity in a high‑income, finance‑centric economy and periodic adjustments to tax policy aimed at preserving public finances. Going forward, the trend will depend on the balance between competitive tax reforms and the need to fund social and infrastructural commitments, which could either reinforce the current high ratio or prompt a modest recalibration.

Data & projection

Year Tax Revenue YoY change Rank
2026* trend 26.88% - -
2025* trend 26.79% - -
2025 26.79% −0.06% #9
2023 26.85% +0.16% #93
2022 26.68% +0.68% #108
2021 26.00% +0.32% #121
2020 25.69% −1.20% #130
2019 26.89% +0.00% #131
2018 26.89% +2.37% #131
2017 24.52% +0.75% #128
2016 23.77% +0.45% #126
2015 23.32% −1.42% #125
2014 24.75% +0.19% #127
2013 24.55% +0.12% #117
2012 24.43% +0.44% #117
2011 23.99% +0.17% #116
2010 23.82% −0.02% #112
Show all years (1972-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +161.0% GDP growth 6.9% C/A balance 5.0%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Luxembourg matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw tax revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is Luxembourg's tax revenue?▾

Luxembourg's tax revenue was 26.79% in 2025. Ranked 9th globally. This represents a 0.2% decrease from the previous year.

What was the highest tax revenue in Luxembourg?▾

Luxembourg's tax revenue peaked at 26.89% in 2019.

What was the lowest tax revenue in Luxembourg?▾

The lowest tax revenue in Luxembourg was 16.66% in 1972.

How does Luxembourg rank in tax revenue?▾

Luxembourg ranks 9th globally in tax revenue as of 2025.

What is the World Bank indicator code for tax revenue?▾

The World Bank indicator code is GC.TAX.TOTL.GD.ZS. Data sourced from World Bank.

What is the projected tax revenue of Luxembourg in 2025?▾

Luxembourg's tax revenue is projected to reach 26.79% by 2025 based on trend extrapolation.

What is the tax revenue of Luxembourg in 2025?▾

The tax revenue of Luxembourg in 2025 was 26.79%. This ranks 9th in the world.

Cite this page

APA
Luxembourg Tax Revenue. HistorySaid. Retrieved November 1, 2026, from https://historysaid.com/luxembourg/tax-revenue/
BibTeX
@misc{historysaid_luxembourg_tax-revenue, title = {Luxembourg Tax Revenue}, url = {https://historysaid.com/luxembourg/tax-revenue/}, publisher = {HistorySaid}, year = {2026} }
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