China vs India: Taxes on goods and services (current LCU)
Taxes on goods and services (current LCU) over time
- China
- India
How they compare
India currently reports 7.99 trillion current LCU against 5.69 trillion current LCU in China, a difference of 2.30 trillion current LCU.
That makes India's figure about 1.4 times China's.
The two have swapped places 5 times across 15 shared years of data; in 2005 it was China ahead.
China ranks 19th and India ranks 16th of 157 countries.
Across the 3 decades both report, China averaged higher in 1 and India in 2.
Head to head by decade
| Decade | China | India | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.81 trillion current LCU | 1.67 trillion current LCU | 136.19 billion current LCU | China |
| 2010s | 3.93 trillion current LCU | 5.05 trillion current LCU | 1.12 trillion current LCU | India |
| 2020s | 5.30 trillion current LCU | 7.99 trillion current LCU | 2.69 trillion current LCU | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, China or India?
- India, at 7.99 trillion current LCU against 5.69 trillion current LCU in China as of 2022.
- What is the difference in taxes on goods and services between China and India?
- 2.30 trillion current LCU, with India ahead.
- How many years of comparable data are there for China and India?
- 15 years are reported by both, from 2005 to 2022.
- How do China and India rank globally for taxes on goods and services?
- China ranks 19th and India ranks 16th 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.
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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.