Tax Revenue (As % of GDP) in United Kingdom

Tax revenue as a share of GDP reached 25.7 % in 2017 in United Kingdom, according to the National Statistical Office. This is 0.951 % more than in the previous year.

Historically, tax revenue as a share of GDP in United Kingdom reached an all time high of 26.5 % in 2008 and an all time low of 21.1 % in 1973. When compared to United Kingdom's main peers, tax revenue as a share of GDP in Belgium amounted to 23.7 %, 23.8 % in France, 11.4 % in Germany and 18.6 % in Ireland in 2017.

United Kingdom has been ranked 14th within the group of 107 countries we follow in terms of tax revenue as a share of GDP, 2 places above the position seen 10 years ago.

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

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