United Kingdom Tax Revenue to GDP
26.9%▲ +0.02 pt
Dec 2024 · Annual
Tax revenue in the United Kingdom rose to 26.89% of GDP in 2024, up from 26.87% in 2023. The reading is the highest on record for the series, which began in 1972. The all-time low of 21.07% was recorded in 1973.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 26.9% | 26.9% | 26.9%Dec 2024 | 21.1%Dec 1973 | 1972 – 2024 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Government Budget | -5.4% | -6.1% | 1.4% | -12.9% | Dec 2025 | Annual |
| Government Debt to GDP | 102.3% | 99.9% | 104.8% | 28.4% | Dec 2025 | Annual |
About this series
Tax Revenue to GDP in United Kingdom averaged 25.0% from 1972 until 2024, reaching an all-time high of 26.9% in Dec 2024 and a record low of 21.1% in Dec 1973. The series is reported yearly with history from 1972.
Tax revenue as a percentage of GDP measures the total tax receipts collected by the government relative to the nation's economic output. The indicator is reported annually, expressed as a percentage. The series spans from 1972 to the present.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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