×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Wednesday
24
Dec 2025
weather symbol
Athens 11°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Greece 6th in lost VAT tax revenue for 2018, EC data shows (infographic)

Italy had the poorest performance in absolute numbers

Newsroom September 15 03:45

Greece was 6th in uncollected VAT tax for the fiscal year of 2018 with €6.6 billion, according to figures released by the European Commission. The total sum of lost Value Added Tax (VAT) revenue the whole of the EU bloc amounted to €140 billion in 2018.

While the figure is an improvement on previous years, it is expected to grow again due to the coronavirus pandemic. In percentage terms, the VAT gap was highest in Romania (33.8 percent) and lowest in Sweden (0.7 percent).

also read 

PM Mitsotakis: We are ready for preliminary talks with Turkey if it takes steps to de-escalate crisis

Arecibo Alien-hunting telescope suffered mysterious midnight disaster

In absolute terms, however, Italy came first with €35.4 billion in uncollected VAT with the United Kingdom in second place (€23.5 billion) and Germany rounding off the top three (€22 billion). The United Kingdom is included here as it was still a member of the EU in 2018. The VAT Gap is defined as the overall difference between expected VAT revenue and the amount actually collected.

source statista

>Related articles

US announces tariffs on microchips imported from China from 2027

Ryanair fined €256 million by Italy for abusing dominant market position

The cost of blockades to the market reaches €200 million per week, with Thessaly suffering the greatest damage

 

Infographic: Mind The Gap: Uncollected VAT Cost The EU €140 Billion In 2018 | Statista

You will find more infographics at Statista

Ask me anything

Explore related questions

#economy#eu#European Commission#European Union#lost revenue#revenue#tax#VAT
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

The sarcophagus over Chernobyl will not withstand a direct hit by a missile or drone, says the director of the

December 23, 2025

US announces tariffs on microchips imported from China from 2027

December 23, 2025

Russia and the US have not yet found solutions to “troublesome” issues in their relations, Moscow says

December 23, 2025

Video of the French Navy raid on the ship of the Greek “Escobar”

December 23, 2025

Learjet crashes in Ankara: Libya’s Chief of the General Staff, Mohammed Al-Haddad, dead

December 23, 2025

Ryanair fined €256 million by Italy for abusing dominant market position

December 23, 2025

6th Meeting of Catechumens and distribution of catechetical material in Stockholm

December 23, 2025

The cost of blockades to the market reaches €200 million per week, with Thessaly suffering the greatest damage

December 23, 2025
All News

> World

The sarcophagus over Chernobyl will not withstand a direct hit by a missile or drone, says the director of the

The New Security Enclosure was severely damaged in a Russian drone attack last February

December 23, 2025

Russia and the US have not yet found solutions to “troublesome” issues in their relations, Moscow says

December 23, 2025

Learjet crashes in Ankara: Libya’s Chief of the General Staff, Mohammed Al-Haddad, dead

December 23, 2025

Where Christianity is still Persecuted: Beheadings in Mozambique, underage sex slaves in the Occupied Cyprus, churches burned in Nigeria, rapes in Pakistan

December 23, 2025

Our army will remain in Gaza, says Israeli Defence Minister

December 23, 2025
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2025 Πρώτο Θέμα