Tax revenue in IDA & IBRD total
IDA & IBRD total: Tax revenue was 10.7% in 2024. ▼ Falling
Tax revenue in IDA & IBRD total, 2005–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, tax revenue in IDA & IBRD total stood at 10.7%. That is the lowest value across all 20 years on record.
That represents a change of down 5.1% on the previous year and down 9.3% over ten years.
Over the whole period, tax revenue in IDA & IBRD total peaked at 12.3% in 2011 and was at its lowest, 10.7%, in 2024.
That places IDA & IBRD total 24th out of 35 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Tax revenue in IDA & IBRD total, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 11.0% | — |
| 2006 | 11.6% | +4.9% |
| 2007 | 12.1% | +4.3% |
| 2008 | 12.3% | +1.6% |
| 2009 | 11.6% | -5.1% |
| 2010 | 12.1% | +3.7% |
| 2011 | 12.3% | +2.4% |
| 2012 | 12.2% | -1.0% |
| 2013 | 12.1% | -1.2% |
| 2014 | 11.8% | -2.5% |
| 2015 | 11.6% | -1.3% |
| 2016 | 11.4% | -1.7% |
| 2017 | 11.5% | +1.2% |
| 2018 | 11.5% | +0.0% |
| 2019 | 11.2% | -3.2% |
| 2020 | 11.0% | -2.0% |
| 2021 | 11.2% | +2.1% |
| 2022 | 10.7% | -4.0% |
| 2023 | 11.2% | +4.6% |
| 2024 | 10.7% | -5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.7% | 11.0% | 12.3% | 5 |
| 2010s | 11.8% | 11.2% | 12.3% | 10 |
| 2020s | 11.0% | 10.7% | 11.2% | 5 |
Countries ranked near IDA & IBRD total
More public sector data for IDA & IBRD total
- Arms imports 13.54 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 1.96 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 -17.98 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 13.54 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 129.18 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0205 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 12.08 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 894.64 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 171.81 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is tax revenue in IDA & IBRD total?
- Tax revenue in IDA & IBRD total was 10.7% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in IDA & IBRD total?
- The highest recorded value was 12.3% in 2011.
- What is the lowest tax revenue recorded in IDA & IBRD total?
- The lowest recorded value was 10.7% in 2024.
- How does IDA & IBRD total rank for tax revenue?
- IDA & IBRD total ranks 24th out of 35 groups with data for 2024.
- Is tax revenue rising or falling in IDA & IBRD total?
- Over the last ten years it is down 9.3%. The long-run trend across the full record is falling.
- Where does this IDA & IBRD total 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.