Australia vs United States: Taxes on goods and services
Taxes on goods and services over time
- Australia
- United States
How they compare
Australia currently reports 110.61 billion current LCU against 108.24 billion current LCU in United States, a difference of 2.36 billion current LCU.
The two have swapped places 3 times across 51 shared years of data; in 1972 it was United States ahead.
Australia ranks 76th and United States ranks 77th of 157 countries.
Across the 6 decades both report, Australia averaged higher in 1 and United States in 5.
Head to head by decade
| Decade | Australia | United States | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 3.57 billion current LCU | 16.91 billion current LCU | 13.34 billion current LCU | United States |
| 1980s | 13.45 billion current LCU | 34.19 billion current LCU | 20.74 billion current LCU | United States |
| 1990s | 24.19 billion current LCU | 51.57 billion current LCU | 27.38 billion current LCU | United States |
| 2000s | 57.26 billion current LCU | 68.49 billion current LCU | 11.23 billion current LCU | United States |
| 2010s | 87.34 billion current LCU | 91.96 billion current LCU | 4.62 billion current LCU | United States |
| 2020s | 106.14 billion current LCU | 92.53 billion current LCU | 13.61 billion current LCU | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Australia or United States?
- Australia, at 110.61 billion current LCU against 108.24 billion current LCU in United States as of 2022.
- What is the difference in taxes on goods and services between Australia and United States?
- 2.36 billion current LCU, with Australia ahead.
- How many years of comparable data are there for Australia and United States?
- 51 years are reported by both, from 1972 to 2022.
- How do Australia and United States rank globally for taxes on goods and services?
- Australia ranks 76th and United States ranks 77th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on goods and services (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.