Taxes on goods and services (current LCU), annual growth rate in India
India: Taxes on goods and services (current LCU), annual growth rate was 25.33 % change on previous year in 2018. ◆ Volatile
Taxes on goods and services (current LCU), annual growth rate in India, 1975–2018
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2018, taxes on goods and services (current lcu), annual growth rate in India stood at 25.33 % change on previous year.
The figure is up 2.0% on the previous year and up 413.8% over ten years.
Over the whole period, taxes on goods and services (current lcu), annual growth rate in India peaked at 38.59 % change on previous year in 2015 and was at its lowest, -6.42 % change on previous year, in 2009.
India ranks 29th of 156 countries on this measure, in the top quarter.
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 India, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1975 | 19.57 % change on previous year | — |
| 1976 | 10.46 % change on previous year | -46.5% |
| 1977 | 5.51 % change on previous year | -47.4% |
| 1978 | 19.93 % change on previous year | +262.0% |
| 1979 | 11.55 % change on previous year | -42.0% |
| 1980 | 8.68 % change on previous year | -24.8% |
| 1981 | 14.34 % change on previous year | +65.1% |
| 1982 | 9 % change on previous year | -37.2% |
| 1983 | 25.76 % change on previous year | +186.1% |
| 1984 | 9.59 % change on previous year | -62.8% |
| 1985 | 16.27 % change on previous year | +69.6% |
| 1986 | 11.86 % change on previous year | -27.1% |
| 1987 | 13.76 % change on previous year | +16.0% |
| 1988 | 15.25 % change on previous year | +10.8% |
| 1989 | 18.8 % change on previous year | +23.3% |
| 1990 | 9.94 % change on previous year | -47.2% |
| 1991 | 14.85 % change on previous year | +49.5% |
| 1992 | 10.01 % change on previous year | -32.6% |
| 1993 | -1.36 % change on previous year | -113.6% |
| 1994 | 19.37 % change on previous year | -1521.6% |
| 1995 | 8.74 % change on previous year | -54.9% |
| 1996 | 12.19 % change on previous year | +39.5% |
| 1997 | 7.94 % change on previous year | -34.9% |
| 1998 | 11.39 % change on previous year | +43.5% |
| 1999 | 15.65 % change on previous year | +37.4% |
| 2000 | 11.18 % change on previous year | -28.6% |
| 2001 | 6.76 % change on previous year | -39.5% |
| 2002 | 13.83 % change on previous year | +104.6% |
| 2003 | 13.93 % change on previous year | +0.7% |
| 2004 | 14.45 % change on previous year | +3.7% |
| 2005 | 20.48 % change on previous year | +41.8% |
| 2006 | 16.86 % change on previous year | -17.7% |
| 2007 | 9.05 % change on previous year | -46.3% |
| 2008 | 4.93 % change on previous year | -45.5% |
| 2009 | -6.42 % change on previous year | -230.2% |
| 2010 | 25.99 % change on previous year | -504.9% |
| 2011 | 15.04 % change on previous year | -42.1% |
| 2012 | 29.78 % change on previous year | +98.0% |
| 2013 | 18.53 % change on previous year | -37.8% |
| 2014 | -4.81 % change on previous year | -126.0% |
| 2015 | 38.59 % change on previous year | -901.9% |
| 2016 | 27.64 % change on previous year | -28.4% |
| 2017 | 24.83 % change on previous year | -10.2% |
| 2018 | 25.33 % change on previous year | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.4 % change on previous year | 5.51 % change on previous year | 19.93 % change on previous year | 5 |
| 1980s | 14.33 % change on previous year | 8.68 % change on previous year | 25.76 % change on previous year | 10 |
| 1990s | 10.87 % change on previous year | -1.36 % change on previous year | 19.37 % change on previous year | 10 |
| 2000s | 10.5 % change on previous year | -6.42 % change on previous year | 20.48 % change on previous year | 10 |
| 2010s | 22.32 % change on previous year | -4.81 % change on previous year | 38.59 % change on previous year | 9 |
Countries ranked near India
- 26 Zambia 26.64 % change on previous year compare
- 27 Brazil 26.36 % change on previous year compare
- 28 Ukraine 25.96 % change on previous year compare
- 30 Mongolia 25.19 % change on previous year compare
- 31 Ethiopia 23.97 % change on previous year compare
- 32 Seychelles 23.76 % change on previous year compare
More public sector data for India
- Arms imports 1.17 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.805 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 -21.66 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.17 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 59.36 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0229 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 4.66 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 86.13 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 501.48 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on goods and services (current lcu), annual growth rate in India?
- Taxes on goods and services (current lcu), annual growth rate in India was 25.33 % change on previous year in 2018, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), annual growth rate recorded in India?
- The highest recorded value was 38.59 % change on previous year in 2015.
- What is the lowest taxes on goods and services (current lcu), annual growth rate recorded in India?
- The lowest recorded value was -6.42 % change on previous year in 2009.
- How does India rank for taxes on goods and services (current lcu), annual growth rate?
- India ranks 29th out of 156 countries with data for 2018.
- Is taxes on goods and services (current lcu), annual growth rate rising or falling in India?
- Over the last ten years it is up 413.8%. The long-run trend across the full record is volatile.
- Where does this India 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.