Explore the latest Value-Added Tax rates by country in Europe. See how VAT rates by country compare across European OECD countries.
The EU countries with the highest standard VAT rates are Hungary (27 percent), Croatia, Denmark, and Sweden (all at 25 percent). Luxembourg levies the lowest standard VAT rate at 16 percent, followed by Malta (18 percent), Cyprus, Germany, and Romania (all at 19 percent).
The VAT is a consumption tax assessed on the value added in each production stage of a good or service. Every business along the value chain receives a tax credit for the VAT already paid. The end consumer does not, making it a tax on final consumption.
More than 140 countries worldwide—including all European countries—levy a Value-Added Tax (VAT) on goods and services.
