Denmark Tax Revenue to GDP

33.4% +1.39 pt

Dec 2024 · Annual

Denmark's tax revenue as a share of GDP rose to 33.36% in 2024, up from 31.97% in 2023. The current level remains below the all-time high of 36.59% recorded in 2014. The series dates back to 1972.

Denmark Tax Revenue to GDP, 1990–2024
ActualPreviousHighestLowestDatesFrequency
33.4%32.0%36.6%Dec 201426.5%Dec 19761972 – 2024Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Government Budget2.9%4.5%5.3%-9.2%Dec 2025Annual
Government Debt to GDP27.5%30.5%78.7%27.5%Dec 2025Annual

About this series

Tax Revenue to GDP in Denmark averaged 32.4% from 1972 until 2024, reaching an all-time high of 36.6% in Dec 2014 and a record low of 26.5% in Dec 1976. The series is reported yearly with history from 1972.

Tax revenue as a percentage of GDP measures the total tax revenue collected by the government relative to the size of the economy. It is reported annually, expressed as a percentage of GDP. The series spans from 1972 to 2024.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

Denmark Tax Revenue to GDP FAQ