The Sales Tax Rate In the Euro Area stands at 20.70 percent.

Sales Tax Rate in the Euro Area averaged 17.98 percent from 1968 until 2020, reaching an all time high of 20.80 percent in 2015 and a record low of 13.50 percent in 1970. This page provides the latest reported value for - Euro Area Sales Tax Rate | VAT - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Sales Tax Rate - VAT - values, historical data and charts - was last updated on September of 2020. source: European Commission

Sales Tax Rate in Euro Area is expected to reach 20.70 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Sales Tax Rate - VAT is projected to trend around 20.70 percent in 2021, according to our econometric models.

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Euro Area Sales Tax Rate - VAT

Actual Previous Highest Lowest Dates Unit Frequency
20.70 20.80 20.80 13.50 1968 - 2020 percent Yearly

Euro Area Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 22.70 23.00 36.80 22.70 percent [+]
Personal Income Tax Rate 41.70 41.70 49.00 38.10 percent [+]
Sales Tax Rate 20.70 20.80 20.80 13.50 percent [+]

Euro Area Sales Tax Rate - VAT
In the Euro Area, the sales tax rate is an average of the taxes charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate.