Taxes on goods and services (% of revenue) in Brazil
Brazil: Taxes on goods and services (% of revenue) was 20.3% in 2024. ▼ Falling
Taxes on goods and services in Brazil, 2010–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for taxes on goods and services in Brazil is 20.3%, measured in 2024.
The figure is up 12.7% on the previous year and down 16.6% over ten years.
Over the whole period, taxes on goods and services in Brazil peaked at 25.9% in 2010 and was at its lowest, 17.8%, in 2022.
Brazil ranks 128th of 156 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Taxes on goods and services (% of revenue) in Brazil, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2010 | 25.9% | — |
| 2011 | 25.8% | -0.5% |
| 2012 | 25.0% | -3.2% |
| 2013 | 24.7% | -1.0% |
| 2014 | 24.4% | -1.3% |
| 2015 | 22.9% | -6.0% |
| 2016 | 21.4% | -6.6% |
| 2017 | 23.7% | +10.8% |
| 2018 | 23.7% | -0.3% |
| 2019 | 21.7% | -8.2% |
| 2020 | 21.9% | +0.9% |
| 2021 | 21.9% | -0.3% |
| 2022 | 17.8% | -18.5% |
| 2023 | 18.1% | +1.3% |
| 2024 | 20.3% | +12.7% |
Brazil compared with similar countries
- Brazil's 20.3% is below the median for upper middle income countries, which is 34.9%, 58% of the median. (48 countries reporting)
- Brazil's 20.3% is below the median for Latin America & Caribbean, which is 36.3%, 56% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 23.9% | 21.4% | 25.9% | 10 |
| 2020s | 20.0% | 17.8% | 21.9% | 5 |
Countries ranked near Brazil
- 125 Saint Kitts and Nevis 21.0% compare
- 126 Niger 20.9%
- 127 Trinidad and Tobago 20.8% compare
- 129 Germany 20.0% compare
- 130 Democratic Republic of Congo 19.5% compare
- 131 France 18.9% compare
More public sector data for Brazil
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 462.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 2.05 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 135.13 % change on previous year (2024)
Frequently asked questions
- What is taxes on goods and services in Brazil?
- Taxes on goods and services in Brazil was 20.3% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Brazil?
- The highest recorded value was 25.9% in 2010.
- What is the lowest taxes on goods and services recorded in Brazil?
- The lowest recorded value was 17.8% in 2022.
- How does Brazil rank for taxes on goods and services?
- Brazil ranks 128th out of 156 countries with data for 2024.
- Is taxes on goods and services rising or falling in Brazil?
- Over the last ten years it is down 16.6%. The long-run trend across the full record is falling.
- Where does this Brazil data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on goods and services (% of revenue). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.