Taxes on goods and services as a share of revenue reached 31.7% in 2020 in the European Union, according to the National Statistical Office. This is 6.32% less than in the previous year.
Historically, taxes on goods and services as a share of revenue in the European Union reached an all time high of 35.7% in 2005 and an all time low of 25.6% in 1991.
European Union has been ranked within the group of 111 countries we follow in terms of taxes on goods and services as a share of revenue.
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