Tax Revenue (Local Currency) rose 5.48% to GBP 502 bil in United Kingdom in 2016

Tax Revenue (Local Currency) (GBP bil)
Economy | United Kingdom | May 17, 2019
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Tax revenue reached 502 GBP bil in 2016 in United Kingdom, according to the National Statistical Office. This is 5.48 % more than in the previous year.

Historically, tax revenue in United Kingdom reached an all time high of 502 GBP bil in 2016 and an all time low of 15.7 GBP bil in 1972. When compared to United Kingdom's main peers, tax revenue in Belgium amounted to 98.0 EUR bil, 518 EUR bil in France, 353 EUR bil in Germany and 51.7 EUR bil in Ireland in 2016.

United Kingdom has been ranked 45th within the group of 112 countries we follow in terms of tax revenue, 5 places behind the position seen 10 years ago.

Tax revenue refers to compulsory transfers to the central government for public purposes.

Tax Revenue (Local Currency) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Austria EUR bil 78.9 82.6 85.6 88.0 92.4
Belgium EUR bil 93.7 99.6 103 105 101
Canada CAD bil 209 213 221 236 247
France EUR bil 452 474 495 501 514
Germany EUR bil 309 319 326 336 346
Iceland ISK bil 362 395 430 511 524
Ireland EUR bil 37.5 39.5 41.1 45.1 49.5
Italy EUR bil 365 381 381 381 386
Luxembourg EUR bil 10.6 11.3 12.0 12.8 13.1
Netherlands EUR bil 132 127 130 139 146
Poland PLN bil 262 260 258 267 281
Spain EUR bil 133 127 144 148 156
United Kingdom GBP bil 425 426 442 458 476