A third of all taxes come from purchases: how the tax budget works

In 2025, value added tax accounted for 35.5% of total revenue, becoming the main source of budget income.

Indirect taxes form the basis of tax revenue in 2025: VAT accounts for the largest share — 35.5%. A significant portion also comes from taxes on international trade and transactions (18.9%), whilst other taxes account for 14.7%.

Direct taxes lag significantly behind: corporation tax — 11.9%, personal income tax — 7.7%, sales tax — 6.4%, and excise duties — 4.9%. This structure indicates that the budget is largely dependent on consumption and foreign economic activity.