The share of taxes in the gross domestic product (GDP), namely the amount of taxes and social contributions collected by the state seen as a percentage of the GDP, amounted to an average of 40% in the European Union last year.

The lowest shares were recorded in Ireland (24.4%) and Romania (28%), according to data from EU’s statistical office Eurostat. At the opposite end, France and Denmark had the highest tax-to-GDP ratios, of 47.9%, respectively 47.6%.

In 2014, the share of taxes in the GDP in Romania amounted to 27.5%. In most EU member states the percentage increased in 2015, including in Romania. However, when compared to 2005, the tax-to-GDP ratio in Romania was slightly lower in 2015 while the EU average went up compared to ten years ago.

editor@romania-insider.com