The Sales Tax Rate In the Euro Area stands at 20.80 percent. Sales Tax Rate in the Euro Area averaged 17.87 percent from 1968 until 2018, reaching an all time high of 20.80 percent in 2015 and a record low of 13.50 percent in 1970.

Sales Tax Rate in Euro Area is expected to be 20.80 percent by the end of this quarter, 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 20.80 percent in 2020, according to our econometric models.

Euro Area Sales Tax Rate - VAT
Forecast Data Chart
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Euro Area Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 23.30 24.10 36.80 23.30 percent [+]
Personal Income Tax Rate 41.50 42.40 49.00 38.80 percent [+]
Sales Tax Rate 20.80 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. 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 - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
20.80 20.80 20.80 13.50 1968 - 2018 percent Yearly

Country Last Previous
Italy 22.00 Dec/19
Argentina 21.00 Dec/19
Netherlands 21.00 Dec/19
Spain 21.00 Dec/19
Euro Area 20.80 Dec/18
France 20.00 Dec/19
Russia 20.00 Dec/19
United Kingdom 20.00 Dec/19
Germany 19.00 Dec/19
India 18.00 Dec/19
Turkey 18.00 Dec/19
Brazil 17.00 Dec/19
Mexico 16.00 Dec/19
South Africa 15.00 Dec/19
China 13.00 Dec/19
Australia 10.00 Dec/19
Indonesia 10.00 Dec/19
South Korea 10.00 Dec/19
Japan 8.00 Jan/19
Switzerland 7.70 Dec/19
Singapore 7.00 Dec/19
Canada 5.00 Dec/19
Saudi Arabia 5.00 Jan/19
United States 0.00 Dec/19