Revenue Statistics 2015 - Spain

Revenue Statistics 2015 - Spain
Tax burden over time
The OECD’s annual Revenue Statistics report found that the tax burden in Spain increased by 0.5 percentage points from 32.7% to
33.2% in 2014. The corresponding figures for the OECD average were an increase of 0.2 percentage points from 34.2% to 34.4%.
Since the year 2000, the tax burden in Spain has declined from 33.4% to 33.2%. Over the same period, the OECD average in 2014
was slightly above that in 2000 (34.4% compared with 34.2%).
Spain
%
34.2
33.8
33.5
33.5
33.4
33.0
33.4
33.3
OECD - unweighted average
33.6
32.7
32.8
33.8
33.3
34.1
34.1
33.9
33.4
36.5
36.1
35.3
34.3
32.3
29.8
29.9
32.1
31.3
34.2
34.4
32.7
33.2
Tax burden compared to the OECD
th
Spain ranked 19 out of 34 OECD countries in terms of the tax to GDP ratio in 2013 (the latest year for which tax revenue data is
available for all OECD countries). Spain had a tax to GDP ratio of 32.7% compared with the OECD average of 34.2%. In 2012 Spain
th
ranked 20 out of 34 OECD countries in terms of the tax to GDP ratio.
47.6
45.0 44.7 43.9 43.7
42.8 42.5
40.5 38.4 38.4
OECD - unweighted average, 34.2%
36.8 36.7 36.5 35.9 34.5 34.4 34.3
32.9 32.7 31.9 31.8 31.4
30.6 30.5 30.4 30.3 29.3 29.0
27.5 26.9
25.4 24.3
20.0 19.7
Tax structure
OECD
comparison²
29
22
The structure of the tax revenues in Spain shows the
following percentage breakdown
118,486
35
10
-
0
*
 35% from social security contributions
th
(10 highest in the OECD)
Taxes on property
23,125
7
14
Taxes on goods and services
96,392
28
24
Taxes on income, profits and capital gains
Social security contributions
Payroll taxes
Of which VAT is
Millions
EUR
100,850
%
61,013
18
23
Other¹
4,281
1
*
TOTAL
343,134
100
 29% from taxes on income, profits and capital gains
nd
(22 in the OECD)
 28% from taxes on goods and services
th
(24 in the OECD)
Tax revenue includes net receipts for all levels of government; figures in the table may not sum to the total indicated due to rounding
1. Includes income taxes not allocable to either personal or corporate income
2. The country with the highest share being number 1 and the country with the lowest share being number 34
Source: OECD Revenue Statistics 2015 http://www.oecd.org/tax/tax-policy/revenue-statistics.htm
Tax structure compared to the OECD
The structure of tax receipts in Spain compared with the OECD average is characterised by;
•
•
•
Higher revenues from social security contributions and taxes on property.
A lower proportion of revenues from, taxes on income, profits and capital gains, goods and services and value added taxes.
No revenues from payroll taxes.
OECD - Average
Spain
%
34
35
29
26
7
Social security
contributions
6
1
1
0
Taxes on income, profits
and capital gains
14
10
19
18
Taxes on payroll
Taxes on property
Taxes on goods and
services (excluding
VAT/GST)
1
Other
Value added taxes
VAT rates
The Spanish standard VAT³ rate is 21%, which is above the OECD average. The average VAT/GST standard rate in the OECD was
19.2% on 1 January 2015, up from 17.6 on 1 January 2009. Reduced VAT rates of 4% and 10% apply to many goods and services. In
the last six years, 21 of the 34 OECD countries have raised their standard VAT/GST rate at least once. In line with this trend, Spain
increased its standard VAT from 16% to 18% in 2010 and to 21% in 2012. The reduced VAT rate of 7% was increased to 8% in 2010
and to 10% in 2012.
OCDE, unweighted average, 19.2%
15
8
8
10
16
17
18
18
19
19
20
20
20
20
20
21
21
21
21
22
22
23
23
23
23
24
24
25
25
25
27
10
5
3. VAT refers to value added tax and goods and services tax (GST)
Source: OECD Tax Database 1st January 2015
Contacts
David Bradbury
Centre for Tax Policy and Administration
Head, Tax Policy and Statistics Division
[email protected]
OECD Revenue Statistics
Maurice Nettley
Centre for Tax Policy and Administration
Head, Tax Data & Statistical Publications
[email protected]
VAT rates
Stéphane Buydens
Centre for Tax Policy and Administration
VAT Policy Advisor
[email protected]