"Belgian tax levels are third highest"

The share of national income that governments take as tax revenue in the world's richest countries has risen to record heights not experienced since the global financial crash. Tax levels in Belgium are the third highest in the OECD.

Tax levels in the 34 nations that are members of the OECD rose to 34.1% last year. The figure is 0.4% up on the year and comparable with figures recorded in 2007 (34.2%) and 2000 (34.3%).

The share of national income that the Belgian government takes in tax rose to 44.6% last year. The figure is up 0.6% on the year. Only Denmark (48.6%) and France (45%) experience higher tax levels.

Compared to other OECD nations Belgium raises more through income tax, property taxes and social security contributions. Corporation tax, taxes on goods and services and VAT are lower here.