Taxes on goods and services in Early-demographic dividend
Early-demographic dividend: Taxes on goods and services was 32.2% in 2023. ▲ Rising
Taxes on goods and services in Early-demographic dividend, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Early-demographic dividend recorded 32.2% for taxes on goods and services in 2023.
That represents a change of down 0.1% on the previous year and up 4.1% over ten years.
Over the whole period, taxes on goods and services in Early-demographic dividend peaked at 35.2% in 2005 and was at its lowest, 27.3%, in 1990.
Early-demographic dividend ranks 27th of 41 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Taxes on goods and services in Early-demographic dividend, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1990 | 27.3% | — |
| 1991 | 30.1% | +10.3% |
| 1992 | 32.7% | +8.5% |
| 2001 | 29.1% | -11.0% |
| 2002 | 29.7% | +2.1% |
| 2003 | 32.3% | +8.6% |
| 2004 | 33.7% | +4.5% |
| 2005 | 35.2% | +4.4% |
| 2006 | 34.4% | -2.2% |
| 2007 | 33.8% | -1.9% |
| 2008 | 31.7% | -6.2% |
| 2009 | 30.4% | -4.2% |
| 2010 | 29.7% | -2.0% |
| 2011 | 33.4% | +12.3% |
| 2012 | 29.6% | -11.5% |
| 2013 | 31.0% | +4.7% |
| 2014 | 31.7% | +2.2% |
| 2015 | 33.8% | +6.8% |
| 2016 | 32.9% | -2.6% |
| 2017 | 33.5% | +1.6% |
| 2018 | 33.1% | -1.2% |
| 2019 | 32.2% | -2.5% |
| 2020 | 33.2% | +3.1% |
| 2021 | 34.4% | +3.6% |
| 2022 | 32.3% | -6.3% |
| 2023 | 32.2% | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 30.0% | 27.3% | 32.7% | 3 |
| 2000s | 32.2% | 29.1% | 35.2% | 9 |
| 2010s | 32.1% | 29.6% | 33.8% | 10 |
| 2020s | 33.0% | 32.2% | 34.4% | 4 |
Countries ranked near Early-demographic dividend
- 24 Republic of Moldova 44.4% compare
- 25 Uganda 44.0% compare
- 26 Saint Vincent and the Grenadines 43.5% compare
- 27 Honduras 43.4% compare
- 28 Cameroon 43.3% compare
- 29 Bangladesh 43.2% compare
- 30 Bosnia and Herzegovina 42.7% compare
More public sector data for Early-demographic dividend
- Arms imports 5.98 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 1.68 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0004 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -38.5 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 5.98 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 97.77 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0222 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 12.98 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 347.32 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 291.7 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on goods and services in Early-demographic dividend?
- Taxes on goods and services in Early-demographic dividend was 32.2% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Early-demographic dividend?
- The highest recorded value was 35.2% in 2005.
- What is the lowest taxes on goods and services recorded in Early-demographic dividend?
- The lowest recorded value was 27.3% in 1990.
- How does Early-demographic dividend rank for taxes on goods and services?
- Early-demographic dividend ranks 27th out of 41 groups with data for 2023.
- Is taxes on goods and services rising or falling in Early-demographic dividend?
- Over the last ten years it is up 4.1%. The long-run trend across the full record is rising.
- Where does this Early-demographic dividend 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.