The Personal Income Tax Rate In the Euro Area stands at 41.70 percent. source: European Commission
Personal Income Tax Rate in the Euro Area averaged 41.91 percent from 1995 until 2020, reaching an all time high of 49 percent in 1995 and a record low of 38.10 percent in 2009. This page provides the latest reported value for - Euro area Personal Income Tax Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro area Personal Income Tax Rate - values, historical data and charts - was last updated on November of 2020.
Personal Income Tax Rate in Euro area is expected to reach 41.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro area Personal Income Tax Rate is projected to trend around 41.50 percent in 2021 and 41.70 percent in 2022, according to our econometric models.