Eurostat: Greece’s Tax-to-GDP ratio above EU average
France has once again taken the top spot as Europe’s “tax champion,” with a tax-to-GDP ratio of 45.6% in 2023, according to the latest Eurostat figures. Close behind were Belgium (44.8%), Denmark (44.7%), and Austria (43.5%).
Greece stood at 40.7%, slightly above the EU average of 40.0%. Neighboring countries in the same range include Luxembourg (41.9%) and Italy (41.7%), while Germany trailed slightly at 40.3%, though still above the EU mean.
On the opposite end of the spectrum, business-friendly Ireland recorded the lowest ratio at just 22.7%.
The data also showed that, apart from Iceland, the Nordic countries consistently rank high: Finland (42.7%), Sweden (42.6%), and Norway (41.8%).
Eurostat’s survey extended beyond the EU, also including the UK, Turkiye, and EFTA member states.
