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United Kingdom Tax Revenue

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

United Kingdom's tax revenue was 27.90% in 2025, ranked 8th globally. This represents a 3.5% increase from 2024. Data from World Bank, covering 1972–2025.

27.90% +0.94% (+3.5%)
Year 2025 Rank #8 Global Peak 27.90% (2025) Source World Bank

United Kingdom Tax Revenue (1972–2025)

Overview

United Kingdom's tax revenue stood at 27.90% in 2025, a rise of +0.94% from 2024. Based on recent trends, this figure is projected to reach 27.90% by 2025. United Kingdom ranked 8th globally.

United Kingdom tax revenue as a share of GDP has risen steadily over the 54‑year series, moving from 23.02 in 1972 to a record 27.90 in 2025, the highest level recorded in the series and the eighth‑largest globally. The early 1970s marked the low point, with the trough of 21.07 occurring in 1973, after which fiscal capacity expanded despite periodic economic shocks. The upward trajectory mirrors that of other high‑tax jurisdictions; for example, Sweden posted a slightly higher ratio of 28.06, while Luxembourg recorded 26.79, underscoring the United Kingdom’s position among advanced economies with sizable revenue mobilization. The sustained increase reflects broader fiscal consolidation, progressive tax reforms, and the growth of services‑intensive sectors that generate higher taxable income. Future movements will hinge on policy choices surrounding tax base broadening, digital taxation, and the balance between revenue needs and competitiveness, suggesting that the current upward trend could persist if reforms reinforce fiscal resilience.

Data & projection

Year Tax Revenue YoY change Rank
2027* trend 29.04% - -
2026* trend 28.47% - -
2025* trend 27.90% - -
2025 27.90% +0.94% #8
2024 26.96% +0.08% #26
2023 26.87% +0.32% #94
2022 26.55% +0.56% #107
2021 25.99% +1.45% #120
2020 24.54% −0.37% #125
2019 24.91% −0.41% #125
2018 25.33% −0.09% #126
2017 25.42% +0.13% #134
2016 25.29% +0.37% #134
2015 24.92% +0.20% #133
2014 24.71% −0.31% #125
2013 25.03% +0.03% #120
2012 25.00% −0.73% #121
2011 25.73% +0.56% #124
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 +24.7% GDP growth 3.6% C/A balance 0.7%
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

United Kingdom matched the Export Boom Cycle pattern in 1985. 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 United Kingdom's tax revenue?▾

United Kingdom's tax revenue was 27.90% in 2025. Ranked 8th globally. This represents a 3.5% increase from the previous year.

What was the highest tax revenue in United Kingdom?▾

United Kingdom's tax revenue peaked at 27.90% in 2025.

What was the lowest tax revenue in United Kingdom?▾

The lowest tax revenue in United Kingdom was 21.07% in 1973.

How does United Kingdom rank in tax revenue?▾

United Kingdom ranks 8th 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 United Kingdom in 2025?▾

United Kingdom's tax revenue is projected to reach 27.90% by 2025 based on trend extrapolation.

What is the tax revenue of United Kingdom in 2025?▾

The tax revenue of United Kingdom in 2025 was 27.90%. This ranks 8th in the world.

Cite this page

APA
United Kingdom Tax Revenue. HistorySaid. Retrieved November 1, 2026, from https://historysaid.com/united-kingdom/tax-revenue/
BibTeX
@misc{historysaid_united-kingdom_tax-revenue, title = {United Kingdom Tax Revenue}, url = {https://historysaid.com/united-kingdom/tax-revenue/}, publisher = {HistorySaid}, year = {2026} }
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