Higher over the period
Spain Tax Revenue as Percentage of GDP moved from 14.08 Percentage in 2015 to 14.93 Percentage in 2024 (+6.1%), an average of +0.7% a year. The series high was 15.47 Percentage in 2022 and the low 13.45 Percentage in 2020.
What Spain Tax Revenue as Percentage of GDP shows
Spain Tax Revenue as Percentage of GDP was 14.93 Percentage in 2024, down 0.4% on 2023. The Tax Revenue as a Percentage of GDP dataset for Spain provides a comprehensive overview of the country's tax collection performance relative to economic output, serving as a key indicator of fiscal strength, government revenue generation, and public finance sustainability. Measured as a Percentage, the dataset spans 2015–2024 and shows that tax revenue fluctuated between 13.45% and 15.47% of GDP over the decade.
A 13.1% peak-to-trough swing
The gap between the series high (2022) and low (2020) is 2.02 Percentage. The sharpest single-year move was +10.6% in 2021.
Ranks 15 of 27 countries covered
Among the 27 countries in this dataset, Spain ranks 15 for 2024, behind Denmark (33.36 Percentage) and Sweden (27.23 Percentage). It accounts for 108.1% of the global total in 2024.
Full series
Spain Tax Revenue as Percentage of GDP by year
Complete annual series with year-on-year change. Values are reported in Percentage.
Scroll the table sideways to see all columns.
| Year | Percentage | Change vs prior year |
|---|---|---|
| 2024 | 14.93 | −0.4% |
| 2023 | 15.00 | −3% |
| 2022Peak | 15.47 | +4% |
| 2021 | 14.88 | +10.6% |
| 2020 Trough | 13.45 | −1.6% |
| 2019 | 13.66 | −3.3% |
| 2018 | 14.13 | +3.7% |
| 2017 | 13.63 | −0.4% |
| 2016 | 13.68 | −2.8% |
| 2015 | 14.08 | — |
Regional context
How Spain compares in Europe & Central Asia
Tax Revenue as Percentage of GDP by country, 2024, Percentage. Spain is highlighted.
1Denmark33.36
2Sweden27.23
3UK26.89
4Italy25.60
5Finland25.33
6Netherlands25.28
7France22.78
9Spain14.93
Data definition
Inclusions and exclusions
Tax Revenue as Percentage of GDP — – Tax Revenue (% of GDP) refers to the total tax revenue collected by the central government, expressed as a percentage of Gross Domestic Product (GDP). Tax revenue consists of compulsory, unrequited payments made by individuals and businesses to the government for public purposes. The indicator measures the relative size of tax collections compared with the overall economy and is widely used to assess a government's revenue-generating capacity, fiscal performance, and tax effort.
The data includes compulsory tax payments collected by the central government, such as taxes on income, profits and capital gains, payroll taxes, property taxes, taxes on goods and services (including VAT, GST, and excise duties), taxes on international trade, customs duties, and other taxes recorded under the IMF Government Finance Statistics (GFS) framework. The indicator is expressed as a percentage of GDP using standardized national accounts and government finance statistics.
The data excludes non-tax government revenue such as grants, fees, licenses, administrative charges, dividends from state-owned enterprises, and income from government assets. It also excludes fines, penalties, most social security contributions, refunds treated as negative revenue, and informal or unrecorded tax collections not captured in official government finance statistics. For many countries, the indicator reflects central government tax revenue only and may not include taxes collected by state, provincial, or local governments.
About this indicator
Tax Revenue as Percentage of GDP — – Tax Revenue (% of GDP) refers to the total tax revenue collected by the central government, expressed as a percentage of Gross Domestic Product (GDP). Tax revenue consists of compulsory, unrequited payments made by individuals and businesses to the government for public purposes. The indicator measures the relative size of tax collections compared with the overall economy and is widely used to assess a government's revenue-generating capacity, fiscal performance, and tax effort.
The ratio stood at 14.08% in 2015, declined gradually to 13.45% in 2020, recovered strongly to 14.88% in 2021, reached a decade high of 15.47% in 2022, and moderated slightly to 15.00% in 2023 and 14.93% in 2024.
The year-wise trend reflects Spain's evolving fiscal environment, with temporary declines during periods of slower economic activity followed by a notable recovery as tax revenues strengthened alongside economic expansion. The improvement after 2020 highlights enhanced revenue mobilization and the government's ability to support public expenditure while maintaining fiscal stability. Despite recent moderation, the tax-to-GDP ratio remains above pre-pandemic levels, indicating continued resilience in the country's tax system.
The dataset is valuable for policymakers, economists, financial institutions, investors, researchers, and international organizations seeking to evaluate fiscal sustainability, taxation efficiency, and macroeconomic performance. It supports benchmarking Spain against regional and global economies, assessing the effectiveness of tax reforms, monitoring long-term revenue trends, forecasting government income, and analyzing the relationship between taxation, economic growth, and public finance. Additionally, the data contributes to studies on fiscal policy, government budgeting, economic resilience, and long-term competitiveness.
Overall, the 2015–2024 dataset provides valuable insights into Spain's tax revenue performance relative to GDP and serves as a reliable resource for fiscal analysis, policy evaluation, investment planning, and economic forecasting.
- Indicator
- Tax Revenue as Percentage of GDP
- Country
- Spain
- Region
- Europe & Central Asia
- Unit
- Percentage
- Coverage
- 2015–2024, annual
- Category
- BFSI
- Last updated
- July 2026
- Source
- data.worldbank.org
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Frequently asked questions
What is Spain Tax Revenue as Percentage of GDP?
Definition – Tax Revenue (% of GDP) refers to the total tax revenue collected by the central government, expressed as a percentage of Gross Domestic Product (GDP). Tax revenue consists of compulsory, unrequited payments made by individuals and businesses to the government for public purposes. The indicator measures the relative size of tax collections compared with the overall economy and is widely used to assess a government's revenue-generating capacity, fiscal performance, and tax effort.
What was Spain Tax Revenue as Percentage of GDP in 2024?
Spain Tax Revenue as Percentage of GDP was 14.93 Percentage in 2024, down 0.4% on 2023.
How has Spain Tax Revenue as Percentage of GDP changed between 2015 and 2024?
Spain Tax Revenue as Percentage of GDP moved from 14.08 Percentage in 2015 to 14.93 Percentage in 2024 (+6.1%), an average of +0.7% a year. The series high was 15.47 Percentage in 2022 and the low 13.45 Percentage in 2020.
Which year had the highest and lowest Spain Tax Revenue as Percentage of GDP?
The highest value was 15.47 Percentage in 2022 and the lowest was 13.45 Percentage in 2020.
What does the Spain Tax Revenue as Percentage of GDP data include and exclude?
Included: The data includes compulsory tax payments collected by the central government, such as taxes on income, profits and capital gains, payroll taxes, property taxes, taxes on goods and services (including VAT, GST, and excise duties), taxes on international trade, customs duties, and other taxes recorded under the IMF Government Finance Statistics (GFS) framework. The indicator is expressed as a percentage of GDP using standardized national accounts and government finance statistics. Excluded: The data excludes non-tax government revenue such as grants, fees, licenses, administrative charges, dividends from state-owned enterprises, and income from government assets. It also excludes fines, penalties, most social security contributions, refunds treated as negative revenue, and informal or unrecorded tax collections not captured in official government finance statistics. For many countries, the indicator reflects central government tax revenue only and may not include taxes collected by state, provincial, or local governments.
Where does the Spain Tax Revenue as Percentage of GDP data come from?
The series is sourced from data.worldbank.org (https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS). It covers 2015–2024 and is reported in Percentage.
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