The Personal Income Tax Rate In the Euro Area stands at 42.90 percent. source: European Commission

Personal Income Tax Rate in Euro area averaged 42.67 percent from 1995 until 2022, reaching an all time high of 49.00 percent in 1995 and a record low of 38.80 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 March of 2023.

Personal Income Tax Rate in Euro area is expected to reach 42.90 percent by the end of 2023, 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 42.90 percent in 2024, according to our econometric models.

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Euro area Personal Income Tax Rate



Related Last Previous Unit Reference
Personal Income Tax Rate 42.90 43.00 percent Dec 2022
Corporate Tax Rate 23.00 23.20 percent Dec 2022
Sales Tax Rate 20.80 20.80 percent Dec 2022

Euro area Personal Income Tax Rate
In the Euro Area, the Personal Income Tax Rate is an average of the taxes collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals.
Actual Previous Highest Lowest Dates Unit Frequency
42.90 43.00 49.00 38.80 1995 - 2022 percent Yearly