United Kingdom Tax Revenue to GDP

Central government tax revenue as a percentage of GDP.

Tax Revenue to GDP in the United Kingdom increased to 26.89 percent of GDP in 2024 from 26.87 percent of GDP in 2023.

26.9%
▲ +0.0 pp2024 · previous 26.9%Annual · percent of GDP · Source: World Bank — World Development Indicators

United Kingdom Tax Revenue to GDP — History

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United Kingdom Tax Revenue to GDP — analysis in simple words

Latest reading

Tax Revenue to GDP in the United Kingdom increased to 26.89 percent of GDP in 2024 from 26.87 percent of GDP in 2023.

It has risen in each of the last three years.

Recent trend

A year earlier (2023) it was 26.9%, so the latest figure is 0.0 percentage points higher.

Over the past five years the average was 26.2%, with a range from 24.5% to 26.9%. The latest value is above that five-year average.

Historical context

This data series starts in 1972 and has 53 annual observations. The latest reading is higher than 98% of all of them.

The highest value on record is 26.9% (2024) and the lowest is 21.1% (1973). The long-run average is 24.6%.

Compared with other countries

Among 142 economies with recent data, United Kingdom ranks 9th from the top. The median across all these economies is 17.0%, so United Kingdom is above the typical country.

Among 17 major economies tracked on this site it ranks 1st.

Within Europe & Central Asia (48 economies with data) it ranks 5th; the regional median is 20.8%.

Statistics

Latest
26.9%2024
Previous
26.9%
5-year average
26.2%
Long-run average
24.6%since 1972
All-time high
26.9%2024
All-time low
21.1%1973
Observations
53Annual

Recent Data

PeriodValueChange
202426.9%▲ +0.0 pp
202326.9%▲ +0.3 pp
202226.6%▲ +0.6 pp
202126.0%▲ +1.4 pp
202024.5%▼ −0.4 pp
201924.9%▼ −0.4 pp
201825.3%▼ −0.1 pp
201725.4%▲ +0.1 pp
201625.3%▲ +0.4 pp
201524.9%▲ +0.2 pp
201424.7%▼ −0.3 pp
201325.0%▲ +0.0 pp
201225.0%▼ −0.7 pp
201125.7%▲ +0.6 pp
201025.2%▲ +1.2 pp
200924.0%▼ −2.3 pp
200826.3%▲ +0.4 pp
200725.9%▲ +0.2 pp
200625.7%▲ +0.3 pp
200525.4%▲ +0.3 pp
200425.1%▲ +0.6 pp
200324.5%▼ −0.4 pp
200224.9%▼ −0.7 pp
200125.6%▼ −0.4 pp
200026.0%▲ +0.6 pp
199925.4%▲ +0.5 pp
199824.9%▲ +1.3 pp
199723.6%▲ +0.6 pp
199623.0%▼ −0.2 pp
199523.1%

Tax Revenue to GDP — United Kingdom vs Peers

Latest available reading for each economy (periods may differ). United Kingdom highlighted.

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More United Kingdom indicators

Understanding Tax Revenue to GDP — a simple guide

What it measures

Central government tax revenue as a percentage of GDP.

How it is calculated

Central government tax collections ÷ GDP × 100.

Simple example

12% means central taxes equal 12% of GDP.

▲ When it is high or rising

Strong tax collection capacity.

▼ When it is low or falling

Weaker collection or a large informal economy.

Why it matters for the economy and markets

The tax-to-GDP ratio indicates fiscal capacity and the efficiency of tax collection.

How to read it

It excludes state/local taxes in federal countries, so it can understate total taxation.

Data source

World Bank — World Development Indicators (series GC.TAX.TOTL.GD.ZS), annual data from 1972 to 2024. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current tax revenue to gdp of United Kingdom?
United Kingdom tax revenue to gdp was 26.9% in 2024, compared with 26.9% in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest tax revenue to gdp of United Kingdom?
Since 1972, the highest reading was 26.9% (2024) and the lowest was 21.1% (1973).
What does tax revenue to gdp measure?
Central government tax revenue as a percentage of GDP.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.