Tax revenue in World
World: Tax revenue was 13.8% in 2024. ▼ Falling
Tax revenue in World, 1991–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
World recorded 13.8% for tax revenue in 2024.
Compared with earlier readings it is down 0.5% on the previous year and down 1.3% over ten years.
Over the whole period, tax revenue in World peaked at 16.1% in 1999 and was at its lowest, 13.1%, in 2009.
That places World 18th 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 29 years of available data.
Tax revenue in World, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1991 | 14.2% | — |
| 1992 | 13.9% | -1.9% |
| 1993 | 13.7% | -1.3% |
| 1997 | 15.2% | +10.5% |
| 1998 | 16.1% | +6.0% |
| 1999 | 16.1% | +0.3% |
| 2002 | 14.6% | -9.5% |
| 2003 | 14.4% | -1.3% |
| 2004 | 14.5% | +0.8% |
| 2005 | 14.1% | -2.9% |
| 2006 | 14.5% | +3.3% |
| 2007 | 14.8% | +1.6% |
| 2008 | 14.3% | -3.1% |
| 2009 | 13.1% | -8.7% |
| 2010 | 13.3% | +2.0% |
| 2011 | 13.7% | +2.6% |
| 2012 | 13.8% | +0.7% |
| 2013 | 14.0% | +1.7% |
| 2014 | 14.0% | -0.0% |
| 2015 | 14.0% | +0.0% |
| 2016 | 13.9% | -0.8% |
| 2017 | 14.2% | +2.0% |
| 2018 | 13.9% | -2.2% |
| 2019 | 13.8% | -0.6% |
| 2020 | 13.7% | -0.8% |
| 2021 | 14.3% | +4.9% |
| 2022 | 14.5% | +1.2% |
| 2023 | 13.9% | -4.2% |
| 2024 | 13.8% | -0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.9% | 13.7% | 16.1% | 6 |
| 2000s | 14.3% | 13.1% | 14.8% | 8 |
| 2010s | 13.8% | 13.3% | 14.2% | 10 |
| 2020s | 14.0% | 13.7% | 14.5% | 5 |
Countries ranked near World
More public sector data for World
- Arms imports 28.82 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 3.54 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 -2.86 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 28.82 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 325.74 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0237 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 11.18 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 2.65 trillion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 228.6 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is tax revenue in World?
- Tax revenue in World was 13.8% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in World?
- The highest recorded value was 16.1% in 1999.
- What is the lowest tax revenue recorded in World?
- The lowest recorded value was 13.1% in 2009.
- How does World rank for tax revenue?
- World ranks 18th out of 35 groups with data for 2024.
- Is tax revenue rising or falling in World?
- Over the last ten years it is down 1.3%. The long-run trend across the full record is falling.
- Where does this World 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.