24Peaks / Europe / United Kingdom / VAT Revenue (% of GDP)

United Kingdom - VAT Revenue (% of GDP) 6.98

IMF World Revenue · updated 2026-10-03 · 151 economies tracked

Latest value

6.98 (2019)

Global rank

#n/a of 151 economies

Share of global total

0.9%

Growth since 1990

1.26×

Ranking Race — VAT Revenue (% of GDP)

1 = global #1 · higher value ranks higher

#1#12#23#34#45#56#671990199520002005201020152020#16#492018 overtook China2019 overtook Slovak Republic
United KingdomBosnia and HerzegovinaCroatiaSamoaSerbia

Real annual global ranks, 1990 - 2020. United Kingdom climbed from #16 to #49 (overtook China). Gaps in a lane = missing data that year.

Key events for United Kingdom ↓

Key Events — United Kingdom

Auto-detected from rank data + curated milestones

1992
Black Wednesday curated

Pound forced out of the ERM after a failed defence of the exchange rate.

2008
Banking crisis curated

Northern Rock, RBS and Lloyds require state support.

2016
Brexit referendum curated

Vote to leave the EU starts a long period of trade uncertainty.

2018
Overtook China in global rank auto
2019
Overtook Slovak Republic in global rank auto

VAT Revenue (% of GDP), 1990-2019

IMF World Revenue · % of GDP · linear scale · ranking in the race above
19902000201020195.245.826.46.98
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