China (People’s Republic of) vs India: Taxes on goods and services

China (People’s Republic of)
5.69 trillion current LCU
in 2024
India
7.99 trillion current LCU
in 2022
China (People’s Republic of) rank
19th
India rank
16th

Taxes on goods and services over time

  • China (People’s Republic of)
  • India
02.5T5.0T7.5T10.0T197419992024

How they compare

India currently reports 7.99 trillion current LCU against 5.69 trillion current LCU in China (People’s Republic of), a difference of 2.30 trillion current LCU.

That makes India's figure about 1.4 times China (People’s Republic of)'s.

The two have swapped places 5 times across 15 shared years of data; in 2005 it was China (People’s Republic of) ahead.

China (People’s Republic of) ranks 19th and India ranks 16th of 157 countries.

Across the 3 decades both report, China (People’s Republic of) averaged higher in 1 and India in 2.

Head to head by decade

Decade China (People’s Republic of) India Difference Ahead
2000s 1.81 trillion current LCU 1.67 trillion current LCU 136.19 billion current LCU China (People’s Republic of)
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 (People’s Republic of) or India?
India, at 7.99 trillion current LCU against 5.69 trillion current LCU in China (People’s Republic of) as of 2022.
What is the difference in taxes on goods and services between China (People’s Republic of) and India?
2.30 trillion current LCU, with India ahead.
How many years of comparable data are there for China (People’s Republic of) and India?
15 years are reported by both, from 2005 to 2022.
How do China (People’s Republic of) and India rank globally for taxes on goods and services?
China (People’s Republic of) 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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China (People’s Republic of) vs India: Taxes on goods and services. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 22 August 2026, from https://public-sector.statizoid.com/compare/taxes-on-goods-and-services-current-lcu/china/india/

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About this data

Indicator
Taxes on goods and services (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
157 places, 4,635 data points, 1972–2024
Last refreshed

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.