Taxes on goods and services (current LCU), annual growth rate in Canada
Canada: Taxes on goods and services (current LCU), annual growth rate was 4.81 % change on previous year in 2024. ◆ Volatile
Taxes on goods and services (current LCU), annual growth rate in Canada, 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, taxes on goods and services (current lcu), annual growth rate in Canada stood at 4.81 % change on previous year.
That represents a change of down 36.5% on the previous year and down 8.7% over ten years.
Over the whole period, taxes on goods and services (current lcu), annual growth rate in Canada peaked at 18.5 % change on previous year in 2021 and was at its lowest, -10.25 % change on previous year, in 2008.
Canada ranks 112th of 156 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), annual growth rate in Canada, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 16.39 % change on previous year | — |
| 1992 | 0.8659 % change on previous year | -94.7% |
| 1993 | 3.08 % change on previous year | +255.8% |
| 1994 | -2.63 % change on previous year | -185.3% |
| 1995 | 5.05 % change on previous year | -292.3% |
| 1996 | 4.75 % change on previous year | -6.0% |
| 1997 | 8.42 % change on previous year | +77.2% |
| 1998 | 1.64 % change on previous year | -80.6% |
| 1999 | 3.62 % change on previous year | +121.1% |
| 2000 | 5.72 % change on previous year | +58.1% |
| 2001 | 2.82 % change on previous year | -50.7% |
| 2002 | 8.77 % change on previous year | +211.0% |
| 2003 | 5.1 % change on previous year | -41.8% |
| 2004 | 3.63 % change on previous year | -28.8% |
| 2005 | 3.62 % change on previous year | -0.5% |
| 2006 | -1.12 % change on previous year | -131.1% |
| 2007 | -1.13 % change on previous year | +0.1% |
| 2008 | -10.25 % change on previous year | +810.7% |
| 2009 | 2.72 % change on previous year | -126.5% |
| 2010 | 5.62 % change on previous year | +107.0% |
| 2011 | 1.03 % change on previous year | -81.7% |
| 2012 | 0.581 % change on previous year | -43.6% |
| 2013 | 2.83 % change on previous year | +387.7% |
| 2014 | 5.27 % change on previous year | +86.1% |
| 2015 | 3.45 % change on previous year | -34.6% |
| 2016 | 2.81 % change on previous year | -18.6% |
| 2017 | 6.91 % change on previous year | +146.2% |
| 2018 | 3.81 % change on previous year | -44.9% |
| 2019 | 3.84 % change on previous year | +0.7% |
| 2020 | -1.28 % change on previous year | -133.5% |
| 2021 | 18.5 % change on previous year | -1540.9% |
| 2022 | 11.96 % change on previous year | -35.4% |
| 2023 | 7.58 % change on previous year | -36.6% |
| 2024 | 4.81 % change on previous year | -36.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.58 % change on previous year | -2.63 % change on previous year | 16.39 % change on previous year | 9 |
| 2000s | 1.99 % change on previous year | -10.25 % change on previous year | 8.77 % change on previous year | 10 |
| 2010s | 3.62 % change on previous year | 0.581 % change on previous year | 6.91 % change on previous year | 10 |
| 2020s | 8.31 % change on previous year | -1.28 % change on previous year | 18.5 % change on previous year | 5 |
Countries ranked near Canada
- 109 Czechia 5.34 % change on previous year compare
- 110 Cyprus 5.05 % change on previous year compare
- 111 Latvia 4.97 % change on previous year compare
- 113 Germany 4.76 % change on previous year compare
- 114 Slovenia 4.71 % change on previous year compare
- 115 Greece 4.61 % change on previous year compare
More public sector data for Canada
- Arms imports 149.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 3.61 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 96.05 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 149.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 711.23 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0129 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 7.78 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 29.35 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 8.65 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on goods and services (current lcu), annual growth rate in Canada?
- Taxes on goods and services (current lcu), annual growth rate in Canada was 4.81 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), annual growth rate recorded in Canada?
- The highest recorded value was 18.5 % change on previous year in 2021.
- What is the lowest taxes on goods and services (current lcu), annual growth rate recorded in Canada?
- The lowest recorded value was -10.25 % change on previous year in 2008.
- How does Canada rank for taxes on goods and services (current lcu), annual growth rate?
- Canada ranks 112th out of 156 countries with data for 2024.
- Is taxes on goods and services (current lcu), annual growth rate rising or falling in Canada?
- Over the last ten years it is down 8.7%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.