The overall tax-to-GDP ratio, which is the sum of taxes and net social contributions as a percentage of Gross Domestic Product, stood at 40.2% in the European Union (EU) in 2017 and 41.4% of GDP for the Eurozone in 2017. These were the highest ever levels for both the European Union and Eurozone.
![Tax to GDP for EU and Eurozone](https://thistimeitisdifferent.com/wp-content/uploads/2018/12/Tax-to-GDP-for-EU-and-Eurozone.png)
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