In 2005, as compared with 2004,
Malta was among
the European Union (EU) nations to register one of the highest tax revenue as a proportion
of Gross Domestic Product (GDP) from 36.2% to 37.7%. In turn, for actual social contributions, one of
the lowest ratios to GDP was observed in
Malta at 7.2%.
Eurostat figures showed on Monday how the
total amount of taxes and social contributions in the 27 EU states stood at
40.8% of GDP, compared with 40.4% in 2004. In the Eurozone revenue was 41.2% of
GDP in 2005, compared to 40.9% in 2004.
Over a longer period, tax revenue as a
percentage of GDP in both the EU25 and the Eurozone were in 2005 slightly below
the levels recorded in 1995.
Among the Member States there were
substantial differences in the tax-to-GDP ratio. In 2005
Sweden 52.1% recorded the highest ratio,
followed by
Denmark at 51.2%,
Belgium at 47.7%,
France at 45.8%,
Finland
at 44.0% and
Austria
at 43.6%. The lowest ratios were observed in
Romania
28.8%,
Lithuania 29.2%,
Slovakia at 29.5%,
Latvia
at 29.6%,
Estonia at 31.0%
and
Ireland
at 32.2%.
In 2005, as compared with 2004, tax revenue
as a proportion of GDP rose in nineteen Member States, fell in six and remained
stable in
Germany and
Greece.
The highest increases in the tax-to-GDP ratio were recorded in Cyprus from
34.1% in 2004 to 36.2% in 2005, Malta from 36.2% to 37.7%, Poland from 32.7% to
34.2% and Denmark from 49.9% to 51.2%. The largest reductions were observed in
Austria from 44.4% to 43.6%, the
Czech Republic from 36.8% to 36.3%,
Estonia from 31.5% to 31.0% and
Slovakia from
30.0% to 29.5%.