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Image header Agence Europe
Europe Daily Bulletin No. 13530
Contents Publication in full By article 21 / 25
ECONOMY - FINANCE - BUSINESS / Taxation

Tax revenues in OECD countries remain stable against backdrop of increased budgetary pressure

The average level of tax revenues in OECD countries has remained largely unchanged in 2023, as governments seek to mitigate the effects of inflation against a backdrop of rising spending linked to climate change and ageing populations, according to the organisation’s latest report, published on Thursday 21 November.

The average tax-to-GDP ratio for OECD countries in 2023 was 33.9%, 0.1% lower than in 2021 and 2022, but higher than the pre-pandemic level of 33.4% in 2019. This ratio rose...

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