Tax revenue in East Asia & Pacific (IDA & IBRD countries)
East Asia & Pacific (IDA & IBRD countries): Tax revenue was 7.7% in 2024. ▼ Falling
Tax revenue in East Asia & Pacific (IDA & IBRD countries), 2005–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
East Asia & Pacific (IDA & IBRD countries) recorded 7.7% for tax revenue in 2024. That is the lowest value across all 20 years on record.
That represents a change of down 6.9% on the previous year and down 23.2% over ten years.
Over the whole period, tax revenue in East Asia & Pacific (IDA & IBRD countries) peaked at 10.6% in 2011 and was at its lowest, 7.7%, in 2024.
That places East Asia & Pacific (IDA & IBRD countries) 32nd out of 35 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Tax revenue in East Asia & Pacific (IDA & IBRD countries), year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 9.0% | — |
| 2006 | 9.4% | +5.5% |
| 2007 | 10.0% | +6.4% |
| 2008 | 10.6% | +5.1% |
| 2009 | 10.5% | -0.6% |
| 2010 | 10.4% | -1.2% |
| 2011 | 10.6% | +1.9% |
| 2012 | 10.5% | -0.8% |
| 2013 | 10.2% | -2.4% |
| 2014 | 10.0% | -2.4% |
| 2015 | 9.7% | -2.9% |
| 2016 | 9.4% | -2.7% |
| 2017 | 9.7% | +2.7% |
| 2018 | 9.3% | -3.5% |
| 2019 | 8.9% | -5.2% |
| 2020 | 8.4% | -4.7% |
| 2021 | 8.3% | -1.2% |
| 2022 | 8.1% | -2.6% |
| 2023 | 8.2% | +1.5% |
| 2024 | 7.7% | -6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.9% | 9.0% | 10.6% | 5 |
| 2010s | 9.9% | 8.9% | 10.6% | 10 |
| 2020s | 8.2% | 7.7% | 8.4% | 5 |
Countries ranked near East Asia & Pacific (IDA & IBRD countries)
More public sector data for East Asia & Pacific (IDA & IBRD countries)
- Arms imports 872.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.4124 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -41.87 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 872.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 163.99 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0156 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.25 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 346.78 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 94.45 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is tax revenue in East Asia & Pacific (IDA & IBRD countries)?
- Tax revenue in East Asia & Pacific (IDA & IBRD countries) was 7.7% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in East Asia & Pacific (IDA & IBRD countries)?
- The highest recorded value was 10.6% in 2011.
- What is the lowest tax revenue recorded in East Asia & Pacific (IDA & IBRD countries)?
- The lowest recorded value was 7.7% in 2024.
- How does East Asia & Pacific (IDA & IBRD countries) rank for tax revenue?
- East Asia & Pacific (IDA & IBRD countries) ranks 32nd out of 35 groups with data for 2024.
- Is tax revenue rising or falling in East Asia & Pacific (IDA & IBRD countries)?
- Over the last ten years it is down 23.2%. The long-run trend across the full record is falling.
- Where does this East Asia & Pacific (IDA & IBRD countries) data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Tax revenue (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.