The overall tax-to-GDP ratio in the EU27 was 39.3% in 2008; Tax ratio more than one third above the levels recorded in US and Japan

The overall tax-to-GDP ratio in the EU27 was 39.3% in 2008, the first year of the economic and financial crisis, compared with 39.7% in 2007. The EU27 tax ratio was 40.6% in 2000, fell to 38.9% in 2004 and then rose until 2007. The ratio is more than one third above the levels recorded in the US and Japan.

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