Eurostat: the lowest share of taxes in GDP being recorded in Ireland, 24.4 pct and Romania, 28 pct

The share of taxes in the Gross Domestic Product (GDP), namely the sum of taxes and social contributions as percentage out of the GDP, stood at 40 pct in the European Union (EU) in 2015, among member states the lowest share being recorded in Ireland (24.4 pct) and Romania (28 pct) according to data published on Friday by the European statistics office (Eurostat). At the opposite end, there are France and Denmark, where the share of taxes in the GDP was of 47.9 ...

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