Tax revenue in Middle income
Middle income: Tax revenue was 10.4% in 2024. ▬ Flat
Tax revenue in Middle income, 2005–2024
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 Middle income is 10.4%, measured in 2024.
The figure is down 3.0% on the previous year and down 8.4% over ten years.
Over the whole period, tax revenue in Middle income peaked at 12.0% in 2011 and was at its lowest, 10.0%, in 2005.
That places Middle income 28th out of 35 groups with data for 2024, putting it in the bottom quarter.
Tax revenue in Middle income, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 10.0% | — |
| 2006 | 10.6% | +5.9% |
| 2007 | 11.2% | +5.3% |
| 2008 | 11.6% | +4.0% |
| 2009 | 11.3% | -2.8% |
| 2010 | 11.7% | +3.9% |
| 2011 | 12.0% | +1.9% |
| 2012 | 11.8% | -1.0% |
| 2013 | 11.8% | -0.7% |
| 2014 | 11.4% | -3.1% |
| 2015 | 11.4% | +0.1% |
| 2016 | 11.3% | -1.0% |
| 2017 | 11.4% | +0.6% |
| 2018 | 11.3% | -0.9% |
| 2019 | 10.9% | -3.6% |
| 2020 | 10.7% | -1.9% |
| 2021 | 10.7% | +0.8% |
| 2022 | 10.3% | -3.8% |
| 2023 | 10.8% | +4.3% |
| 2024 | 10.4% | -3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.0% | 10.0% | 11.6% | 5 |
| 2010s | 11.5% | 10.9% | 12.0% | 10 |
| 2020s | 10.6% | 10.3% | 10.8% | 5 |
Countries ranked near Middle income
More public sector data for Middle income
- Arms imports 11.09 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 1.85 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 -22.08 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 11.09 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 113.52 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0174 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.27 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 678.38 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 224.76 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is tax revenue in Middle income?
- Tax revenue in Middle income was 10.4% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Middle income?
- The highest recorded value was 12.0% in 2011.
- What is the lowest tax revenue recorded in Middle income?
- The lowest recorded value was 10.0% in 2005.
- How does Middle income rank for tax revenue?
- Middle income ranks 28th out of 35 groups with data for 2024.
- Is tax revenue rising or falling in Middle income?
- Over the last ten years it is down 8.4%. The long-run trend across the full record is flat.
- Where does this Middle income 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.