Malta registers fourth highest increase in taxation in EU
Compared with 2016, the tax-to-GDP ratio increased in fifteen Member States in 2017, with the largest rise being observed in Cyprus (from 32.9% in 2016 to 34.0% in 2017), ahead of Luxembourg (from 39.4% to 40.3%), Slovakia (from 32.4% to 33.2%) and Malta.
In contrast, decreases were recorded in thirteen Member States, notably in
(from 39.3% in 2016 to 38.4% in 2017), Romania (from 26.5% to 25.8%) and nia (from 33.8% to 33.0%).
The overall tax-to-GDP ratio, meaning the sum of taxes and net social contributions as
a percentage of Gross Domestic Product, stood at 40.2% in the European Union in 2017, an increase compared with 2016 (39.9%). In the euro area, tax revenue accounted for 41.4% of GDP in 2017, slightly up from 41.2% in 2016.