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The OECD’s annual Revenue Statistics report found that the tax-to-GDP ratio in France decreased by 0.5 percentage points from 45.9% in 2018 to 45.4% in 2019. Between 2018 and 2019 the OECD average decreased from 33.9% to 33.8%.
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The COVID-19 pandemic has triggered a deep economic crisis not seen since the Great Depression. With respect to the fourth quarter of 2019, OECD-wide GDP is projected to have fallen by almost 15% by the second quarter of 2020. The OECD-wide unemployment rate rose from 5.2% in February to 8.4% in May.
English, PDF, 384kb
The tax wedge for the average single worker in France decreased by 0.3 percentage points from 47.0 in 2018 to 46.7 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1).