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Revenue Statistics 2022

The Impact of COVID-19 on OECD Tax Revenues

image of Revenue Statistics 2022

Data on government sector receipts, and on taxes in particular, are basic inputs to most structural economic descriptions and economic analyses, and they are increasingly used in economic comparisons. This annual publication gives a conceptual framework to define which government receipts should be regarded as taxes. It presents a unique set of detailed and internationally comparable tax data in a common format for all OECD countries from 1965 onwards. This year’s edition includes a special feature on the impact of COVID-19 on OECD tax revenues.

English Also available in: French

Executive summary

In 2021, the average OECD tax-to-GDP ratio rose by 0.6 percentage points (p.p.) to 34.1%, as countries recovered from the economic shock induced by the COVID-19 pandemic in 2020. Tax revenues increased by 12.8% in nominal terms on average across the OECD in 2021 according to preliminary data, while GDP rose by 10.5%. Although the OECD’s tax-to-GDP ratio also increased in 2020 (by 0.2 p.p.), this was in the context of widespread declines in tax revenues and GDP in nominal terms.

English Also available in: French

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