Which has higher taxes on goods and services, Cyprus or Denmark?

Denmark, at 13.7% against 13.6% in Cyprus as of 2024.

How many years of comparable data are there for Cyprus and Denmark?

30 years are reported by both, from 1995 to 2024.

Where does this data come from?

Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on goods and services (% value added of industry and services). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Cyprus vs Denmark: Taxes on goods and services

Cyprus

13.6%

in 2024

Denmark

13.7%

in 2024

Cyprus rank

40th

Denmark rank

38th

Taxes on goods and services over time

Cyprus
Denmark

How they compare

Denmark currently reports 13.7% against 13.6% in Cyprus, a difference of 0.1%.

The two have swapped places 2 times across 30 shared years of data; in 1995 it was Denmark ahead.

Cyprus ranks 40th and Denmark ranks 38th of 154 countries.

Denmark has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade	Cyprus	Denmark	Difference	Ahead
1990s	9.3%	18.5%	9.2%	Denmark
2000s	14.3%	18.2%	3.9%	Denmark
2010s	14.9%	16.7%	1.9%	Denmark
2020s	13.6%	14.7%	1.1%	Denmark

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes on goods and services, Cyprus or Denmark?: Denmark, at 13.7% against 13.6% in Cyprus as of 2024.
What is the difference in taxes on goods and services between Cyprus and Denmark?: 0.1%, with Denmark ahead.
How many years of comparable data are there for Cyprus and Denmark?: 30 years are reported by both, from 1995 to 2024.
How do Cyprus and Denmark rank globally for taxes on goods and services?: Cyprus ranks 40th and Denmark ranks 38th of 154 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 (% value added of industry and services). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Cyprus vs Denmark: Taxes on goods and services. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 14 September 2026, from https://public-sector.statizoid.com/compare/taxes-on-goods-and-services-percent-value-added-of-industry-and-services/cyprus/denmark/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://public-sector.statizoid.com/compare/taxes-on-goods-and-services-percent-value-added-of-industry-and-services/cyprus/denmark/">Cyprus vs Denmark: Taxes on goods and services</a> — Statizoid

About this data

Indicator: Taxes on goods and services (% value added of industry and services)
Unit: % value added of industry and services
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 154 places, 4,032 data points, 1972–2024
Last refreshed: 03 September 2026

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 as a percentage of value added in industry and services which is the contribution to the economy by industries in ISIC (Rev. 3) divisions 05-43 and 50-99.