Tax revenue in Heavily indebted poor countries (HIPC)
Heavily indebted poor countries (HIPC): Tax revenue was 11.5% in 2020. ▲ Rising
Tax revenue in Heavily indebted poor countries (HIPC), 2010–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2020, tax revenue in Heavily indebted poor countries (HIPC) stood at 11.5%.
Compared with earlier readings it is down 3.4% on the previous year and up 15.6% over ten years.
Over the whole period, tax revenue in Heavily indebted poor countries (HIPC) peaked at 11.9% in 2019 and was at its lowest, 9.9%, in 2010.
Heavily indebted poor countries (HIPC) ranks 21st of 35 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 10 years of available data.
Tax revenue in Heavily indebted poor countries (HIPC), year by year
| Year | % of GDP | Change |
|---|---|---|
| 2010 | 9.9% | — |
| 2012 | 11.0% | +10.7% |
| 2013 | 10.7% | -2.8% |
| 2014 | 11.1% | +3.6% |
| 2015 | 11.3% | +1.5% |
| 2016 | 11.1% | -1.8% |
| 2017 | 11.6% | +5.1% |
| 2018 | 11.7% | +0.5% |
| 2019 | 11.9% | +2.0% |
| 2020 | 11.5% | -3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 11.1% | 9.9% | 11.9% | 9 |
| 2020s | 11.5% | 11.5% | 11.5% | 1 |
Countries ranked near Heavily indebted poor countries (HIPC)
More public sector data for Heavily indebted poor countries (HIPC)
- Arms imports 387.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.4116 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -31.02 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 387.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 14.3 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0117 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 4.7 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 13.44 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 28.9 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is tax revenue in Heavily indebted poor countries (HIPC)?
- Tax revenue in Heavily indebted poor countries (HIPC) was 11.5% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Heavily indebted poor countries (HIPC)?
- The highest recorded value was 11.9% in 2019.
- What is the lowest tax revenue recorded in Heavily indebted poor countries (HIPC)?
- The lowest recorded value was 9.9% in 2010.
- How does Heavily indebted poor countries (HIPC) rank for tax revenue?
- Heavily indebted poor countries (HIPC) ranks 21st out of 35 groups with data for 2020.
- Is tax revenue rising or falling in Heavily indebted poor countries (HIPC)?
- Over the last ten years it is up 15.6%. The long-run trend across the full record is rising.
- Where does this Heavily indebted poor countries (HIPC) 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.
Download this data
CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.