Tax revenue in Least developed countries
Least developed countries: Tax revenue was 10.6% in 2021. ▬ Flat
Tax revenue in Least developed countries, 2009–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Least developed countries recorded 10.6% for tax revenue in 2021.
Compared with earlier readings it is down 12.6% on the previous year and down 2.8% over ten years.
Over the whole period, tax revenue in Least developed countries peaked at 12.1% in 2020 and was at its lowest, 9.6%, in 2016.
Least developed countries ranks 26th of 35 groups on this measure, in the middle of the range.
Tax revenue in Least developed countries, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2009 | 10.0% | — |
| 2010 | 10.4% | +4.2% |
| 2011 | 10.9% | +4.7% |
| 2012 | 10.6% | -2.6% |
| 2013 | 10.5% | -0.8% |
| 2014 | 10.5% | -0.6% |
| 2015 | 10.0% | -4.2% |
| 2016 | 9.6% | -4.0% |
| 2017 | 9.7% | +0.9% |
| 2018 | 10.0% | +2.9% |
| 2019 | 10.7% | +6.8% |
| 2020 | 12.1% | +13.5% |
| 2021 | 10.6% | -12.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.0% | 10.0% | 10.0% | 1 |
| 2010s | 10.3% | 9.6% | 10.9% | 10 |
| 2020s | 11.3% | 10.6% | 12.1% | 2 |
Countries ranked near Least developed countries
More public sector data for Least developed countries
- Arms imports 748.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.645 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -26.74 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 748.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 19.79 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0152 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 19.77 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 23.48 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 36.74 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is tax revenue in Least developed countries?
- Tax revenue in Least developed countries was 10.6% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Least developed countries?
- The highest recorded value was 12.1% in 2020.
- What is the lowest tax revenue recorded in Least developed countries?
- The lowest recorded value was 9.6% in 2016.
- How does Least developed countries rank for tax revenue?
- Least developed countries ranks 26th out of 35 groups with data for 2021.
- Is tax revenue rising or falling in Least developed countries?
- Over the last ten years it is down 2.8%. The long-run trend across the full record is flat.
- Where does this Least developed 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.