Bulgaria’s 2011 Tax-to-GDP Ratio Second Lowest in EU

Bulgaria’s 2011 Tax-to-GDP Ratio Second Lowest in EU

Bulgaria's tax-to-GDP ratio, equivalent to the sum of taxes and social contributions as a percentage of GDP, was the second lowest among all EU member states in 2011, reaching 27.2%, Eurostat data showed.

The Balkan country was outpaced only by Lithuania, where the tax burden was just 26%, data issued by Eurostat indicated.

The tax to GDP ratio was 32.4% in Greece and 35.2% in Cyprus against an average of 38.8% for the entire EU. Denmark and Sweden topped the table with 47.7% and 44.3%, respectively.

The sharpest increase  - by 1.7 percentage points to 33.2% - was registered in Portugal.

Labour taxes were the main source of tax revenue in 2011, accounting for nearly half of it.

 

Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.