Ascultă Radio România Actualitaţi Live

Eurostat: Romania - second lowest tax-to-GDP ratio in 2016

Tax-to-GDP ratio, calculated by Eurostat, means the sum of taxes and net social contributions as a percentage of Gross Domestic Product (GDP).

Eurostat: Romania - second lowest tax-to-GDP ratio in 2016

Articol de Radiojurnal, 08 Decembrie 2017, 11:19

Romania had the second lowest tax-to-GDP ratio in the EU in 2016 (26 %), according to Eurostat. Ireland had the lowest tax rate in 2016, followed by Romania and Bulgaria.

Tax-to-GDP ratio - calculated by Eurostat - means the sum of taxes and net social contributions as a percentage of Gross Domestic Product (GDP).

The highest share of taxes and social contributions in percentage of GDP in 2016 was recorded in France (47.6%), Denmark (47.3%), Belgium (46,8%), followed by Sweden (44.6%), Finland (44.3%), Austria and Italy (both 42.9%) as well as Greece (42.1%).

For the EU as a whole, the tax revenue and Gross Domestic Product ratio was 40% in 2016, up from 39.7% in 2015.

In the Eurozone, revenues obtained from taxes represented 41.3 percent in 2016, slightly increased compared to 2015.

Source:RRA.Translated by Miruna Matei

Viteza de creştere a economiei româneşti este de 8,6%
România 15 Noiembrie 2017, 07:13

Viteza de creştere a economiei româneşti este de 8,6%

Este un nivel chiar şi peste aşteptările guvernului, iar premierul Mihai Tudose a dat asigurări că în România, creşterea...

Viteza de creştere a economiei româneşti este de 8,6%
The government may issue simple ordinances during the parliamentary recess
News in English 30 Iunie 2025, 16:41

The government may issue simple ordinances during the parliamentary recess

The Legal Committee of the Chamber of Deputies has given a favorable report on the draft law empowering the government to...

The government may issue simple ordinances during the parliamentary recess
The reforestation program is available until January 2026
News in English 30 Iunie 2025, 16:40

The reforestation program is available until January 2026

The reforestation program, open until January next year, helps landowners combat desertification and soil aridification,...

The reforestation program is available until January 2026
Trade unions ask President Nicusor Dan to mediate a possible social conflict
News in English 30 Iunie 2025, 16:38

Trade unions ask President Nicusor Dan to mediate a possible social conflict

All trade union confederations are calling for an emergency meeting on Monday between their leaders and Prime Minister Ilie...

Trade unions ask President Nicusor Dan to mediate a possible social conflict
170 passengers have been stuck on a plane at Sibiu International Airport for several hours
News in English 30 Iunie 2025, 16:37

170 passengers have been stuck on a plane at Sibiu International Airport for several hours

170 passengers have been waiting for several hours on a plane at Sibiu International Airport after the crew decided to turn...

170 passengers have been stuck on a plane at Sibiu International Airport for several hours
The government will announce austerity measures
News in English 29 Iunie 2025, 13:54

The government will announce austerity measures

Next week, the government will announce a package of measures to reduce the budget deficit and improve access to European...

The government will announce austerity measures
Romania and France reconfirm strategic partnership
News in English 29 Iunie 2025, 13:53

Romania and France reconfirm strategic partnership

During a telephone conversation on Friday, Romanian Foreign Minister Oana Toiu and French Foreign Minister Jean-Noel Barot...

Romania and France reconfirm strategic partnership
General Assembly of Judges and Prosecutors convened on Monday
News in English 28 Iunie 2025, 13:38

General Assembly of Judges and Prosecutors convened on Monday

The judges and prosecutors sections of the Superior Council of Magistracy (CSM) decided on Monday to convene the General...

General Assembly of Judges and Prosecutors convened on Monday