Tax revenue in IBRD only

IBRD only: Tax revenue was 10.6% in 2024. ▼ Falling

Latest (2024)
10.6%
Change on year
down 5.0%
Rank
23rd
of 33 groups
All-time high
12.4%
in 2011
All-time low
10.6%
in 2024
Years of data
20
2005–2024

Tax revenue in IBRD only, 2005–2024

02.557.51012.52005201420242005: 11.1 % of GDP2006: 11.6 % of GDP2007: 12.1 % of GDP2008: 12.3 % of GDP2009: 11.7 % of GDP2010: 12.1 % of GDP2011: 12.4 % of GDP2012: 12.3 % of GDP2013: 12.1 % of GDP2014: 11.8 % of GDP2015: 11.6 % of GDP2016: 11.4 % of GDP2017: 11.6 % of GDP2018: 11.6 % of GDP2019: 11.2 % of GDP2020: 11 % of GDP2021: 11.2 % of GDP2022: 10.7 % of GDP2023: 11.2 % of GDP2024: 10.6 % of GDP

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

The most recent figure for tax revenue in IBRD only is 10.6%, measured in 2024. That is the lowest value across all 20 years on record.

The figure is down 5.0% on the previous year and down 9.7% over ten years.

Over the whole period, tax revenue in IBRD only peaked at 12.4% in 2011 and was at its lowest, 10.6%, in 2024.

IBRD only ranks 23rd of 33 groups on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 20 years of available data.

Tax revenue in IBRD only, year by year

Annual values for Tax revenue (% of GDP) in IBRD only, 2005 to 2024.
Year % of GDP Change
2005 11.1%
2006 11.6% +5.1%
2007 12.1% +4.4%
2008 12.3% +1.5%
2009 11.7% -5.0%
2010 12.1% +3.6%
2011 12.4% +2.3%
2012 12.3% -1.1%
2013 12.1% -1.1%
2014 11.8% -2.8%
2015 11.6% -1.4%
2016 11.4% -1.6%
2017 11.6% +1.2%
2018 11.6% -0.0%
2019 11.2% -3.4%
2020 11.0% -1.9%
2021 11.2% +2.1%
2022 10.7% -4.4%
2023 11.2% +4.7%
2024 10.6% -5.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 11.8% 11.1% 12.3% 5
2010s 11.8% 11.2% 12.4% 10
2020s 10.9% 10.6% 11.2% 5

Countries ranked near IBRD only

  1. 20 Fiji 23.9% compare
  2. 21 Cyprus 23.9% compare
  3. 22 Serbia 23.9% compare
  4. 23 Saint Vincent and the Grenadines 23.8% compare
  5. 24 Jamaica 23.7% compare
  6. 25 Australia 23.6% compare
  7. 26 Barbados 23.4% compare

See the full ranking of 192 places →

More public sector data for IBRD only

All data for IBRD only →

Frequently asked questions

What is tax revenue in IBRD only?
Tax revenue in IBRD only was 10.6% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest tax revenue recorded in IBRD only?
The highest recorded value was 12.4% in 2011.
What is the lowest tax revenue recorded in IBRD only?
The lowest recorded value was 10.6% in 2024.
How does IBRD only rank for tax revenue?
IBRD only ranks 23rd out of 33 groups with data for 2024.
Is tax revenue rising or falling in IBRD only?
Over the last ten years it is down 9.7%. The long-run trend across the full record is falling.
Where does this IBRD only 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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Tax revenue in IBRD only. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 03 September 2026, from https://public-sector.statizoid.com/stat/tax-revenue-percent-of-gdp/ibrd-only/

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About this data

Indicator
Tax revenue (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 5,672 data points, 1972–2024
Last refreshed

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.