Taxes on goods and services (current LCU), per unit of GDP in China
China: Taxes on goods and services (current LCU), per unit of GDP was 0.3037 current LCU per US$ of GDP in 2024. ▼ Falling
Taxes on goods and services (current LCU), per unit of GDP in China, 2005–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, taxes on goods and services (current lcu), per unit of gdp in China stood at 0.3037 current LCU per US$ of GDP.
That represents a change of down 8.8% on the previous year and down 17.1% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in China peaked at 0.6282 current LCU per US$ of GDP in 2005 and was at its lowest, 0.2891 current LCU per US$ of GDP, in 2022.
China ranks 98th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Taxes on goods and services (current LCU), per unit of GDP in China, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2005 | 0.6282 current LCU per US$ of GDP | — |
| 2006 | 0.468 current LCU per US$ of GDP | -25.5% |
| 2007 | 0.4823 current LCU per US$ of GDP | +3.0% |
| 2008 | 0.451 current LCU per US$ of GDP | -6.5% |
| 2009 | 0.4709 current LCU per US$ of GDP | +4.4% |
| 2010 | 0.4737 current LCU per US$ of GDP | +0.6% |
| 2011 | 0.4441 current LCU per US$ of GDP | -6.2% |
| 2012 | 0.4242 current LCU per US$ of GDP | -4.5% |
| 2013 | 0.3866 current LCU per US$ of GDP | -8.9% |
| 2014 | 0.3664 current LCU per US$ of GDP | -5.2% |
| 2015 | 0.3459 current LCU per US$ of GDP | -5.6% |
| 2016 | 0.3538 current LCU per US$ of GDP | +2.3% |
| 2017 | 0.3789 current LCU per US$ of GDP | +7.1% |
| 2018 | 0.3507 current LCU per US$ of GDP | -7.5% |
| 2019 | 0.3483 current LCU per US$ of GDP | -0.7% |
| 2020 | 0.3274 current LCU per US$ of GDP | -6.0% |
| 2021 | 0.2945 current LCU per US$ of GDP | -10.0% |
| 2022 | 0.2891 current LCU per US$ of GDP | -1.8% |
| 2023 | 0.3332 current LCU per US$ of GDP | +15.2% |
| 2024 | 0.3037 current LCU per US$ of GDP | -8.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5001 current LCU per US$ of GDP | 0.451 current LCU per US$ of GDP | 0.6282 current LCU per US$ of GDP | 5 |
| 2010s | 0.3873 current LCU per US$ of GDP | 0.3459 current LCU per US$ of GDP | 0.4737 current LCU per US$ of GDP | 10 |
| 2020s | 0.3096 current LCU per US$ of GDP | 0.2891 current LCU per US$ of GDP | 0.3332 current LCU per US$ of GDP | 5 |
Countries ranked near China
- 95 Trinidad and Tobago 0.3417 current LCU per US$ of GDP compare
- 96 Tonga 0.3309 current LCU per US$ of GDP compare
- 97 Saint Vincent and the Grenadines 0.3147 current LCU per US$ of GDP compare
- 99 Peru 0.2989 current LCU per US$ of GDP compare
- 100 Bosnia and Herzegovina 0.2945 current LCU per US$ of GDP compare
- 101 Brazil 0.2899 current LCU per US$ of GDP compare
More public sector data for China
- Arms imports 72.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.0511 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -83.29 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 72.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 222.62 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0167 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 5.67 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 313.66 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 45.91 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on goods and services (current lcu), per unit of gdp in China?
- Taxes on goods and services (current lcu), per unit of gdp in China was 0.3037 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in China?
- The highest recorded value was 0.6282 current LCU per US$ of GDP in 2005.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in China?
- The lowest recorded value was 0.2891 current LCU per US$ of GDP in 2022.
- How does China rank for taxes on goods and services (current lcu), per unit of gdp?
- China ranks 98th out of 157 countries with data for 2024.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in China?
- Over the last ten years it is down 17.1%. The long-run trend across the full record is falling.
- Where does this China data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.