Tax burden increased in Portugal.

The tax burden in Portugal increased last year, reaching 36.9% of GDP, according to data released by Eurostat. Despite the rise, the national tax burden remains below the European average: the tax burden reaches 40.2% of GDP in the European Union (EU) and 41.4% in the Euro Zone.

 

The country's growth was nevertheless slight when compared to Cyprus (32.9% to 34%), Luxembourg (39.4% to 40.3%) and Slovakia (32.4% to 33% , 2%), according to the document.

 

The largest tax burden for 2017 within the EU belongs to France, with taxes and social contributions accounting for 48.4% of GDP. It follows Belgium with 47.3%, Denmark with 46.5%, Sweden with 44.9% and Finland with 43.4%. On the opposite side is Ireland, the country that collects less taxes within the European bloc.