Tax revenue in South Asia
South Asia: Tax revenue was 6.9% in 2022. ▲ Rising
Tax revenue in South Asia, 1974–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2022, tax revenue in South Asia stood at 6.9%. That is the lowest value across all 46 years on record.
That represents a change of down 35.0% over ten years.
Over the whole period, tax revenue in South Asia peaked at 11.7% in 2007 and was at its lowest, 6.9%, in 2022.
That places South Asia 34th out of 35 groups with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 46 years of available data.
Tax revenue in South Asia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1974 | 8.2% | — |
| 1975 | 9.0% | +10.3% |
| 1976 | 9.2% | +1.7% |
| 1977 | 8.6% | -6.4% |
| 1978 | 9.3% | +8.2% |
| 1979 | 9.7% | +4.0% |
| 1980 | 9.0% | -6.8% |
| 1981 | 9.2% | +2.1% |
| 1982 | 9.3% | +0.7% |
| 1983 | 9.3% | +0.0% |
| 1984 | 9.3% | +0.4% |
| 1985 | 10.1% | +8.2% |
| 1986 | 10.4% | +3.5% |
| 1987 | 10.4% | -0.1% |
| 1988 | 10.4% | -0.5% |
| 1989 | 10.5% | +1.0% |
| 1990 | 10.3% | -1.7% |
| 1991 | 10.4% | +1.4% |
| 1992 | 10.1% | -3.5% |
| 1993 | 8.8% | -12.2% |
| 1994 | 9.3% | +4.8% |
| 1995 | 9.5% | +2.9% |
| 1996 | 9.5% | -0.3% |
| 1997 | 9.3% | -2.6% |
| 1998 | 8.4% | -9.8% |
| 1999 | 8.9% | +6.2% |
| 2000 | 9.0% | +1.7% |
| 2001 | 8.2% | -9.2% |
| 2002 | 8.7% | +6.2% |
| 2003 | 9.1% | +4.1% |
| 2004 | 9.5% | +4.9% |
| 2005 | 10.0% | +4.9% |
| 2006 | 10.9% | +9.4% |
| 2007 | 11.7% | +7.8% |
| 2008 | 10.8% | -8.1% |
| 2009 | 9.7% | -9.6% |
| 2010 | 10.2% | +5.0% |
| 2011 | 10.1% | -1.3% |
| 2012 | 10.7% | +5.8% |
| 2013 | 10.8% | +1.4% |
| 2014 | 9.9% | -8.4% |
| 2015 | 10.5% | +5.8% |
| 2016 | 10.9% | +4.0% |
| 2017 | 11.1% | +1.9% |
| 2018 | 11.7% | +5.5% |
| 2022 | 6.9% | -40.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.0% | 8.2% | 9.7% | 6 |
| 1980s | 9.8% | 9.0% | 10.5% | 10 |
| 1990s | 9.4% | 8.4% | 10.4% | 10 |
| 2000s | 9.8% | 8.2% | 11.7% | 10 |
| 2010s | 10.7% | 9.9% | 11.7% | 9 |
| 2020s | 6.9% | 6.9% | 6.9% | 1 |
Countries ranked near South Asia
More public sector data for South Asia
- Arms imports 1.26 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.7506 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 -19.55 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.26 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 54.8 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0211 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 4.84 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 91.92 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 467.61 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is tax revenue in South Asia?
- Tax revenue in South Asia was 6.9% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in South Asia?
- The highest recorded value was 11.7% in 2007.
- What is the lowest tax revenue recorded in South Asia?
- The lowest recorded value was 6.9% in 2022.
- How does South Asia rank for tax revenue?
- South Asia ranks 34th out of 35 groups with data for 2022.
- Is tax revenue rising or falling in South Asia?
- Over the last ten years it is down 35.0%. The long-run trend across the full record is rising.
- Where does this South Asia 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.