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Europe Daily Bulletin No. 8483

17 June 2003
Contents Publication in full By article 26 / 41
GENERAL NEWS / (eu) eu/taxation
Tax burden at 41% of EU GDP as against 29% in the United States, according to Eurostat and the COmmission

Brussels, 16/06/2003 (Agence Europe) - Taxes and social security contributions stood at 41.1% of the EU's gross domestic product in 2001; according to the Commission and Eurostat, in the most recent edition of a study on "The structure of tax systems in the EU". The overall tax burden is highest in Sweden (54.1%), Denmark (49.8%), Finland and Belgium (46%). It is lowest in Ireland (31.2%), Spain (35.6%), Portugal (35.9%), and Greece (36.8%).

The ratio between tax revenue and GDP has increased...

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