Taxes on goods and services in East Asia & Pacific (IDA & IBRD countries)
East Asia & Pacific (IDA & IBRD countries): Taxes on goods and services was 25.7% in 2024. ▬ Flat
Taxes on goods and services in East Asia & Pacific (IDA & IBRD countries), 1992–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
East Asia & Pacific (IDA & IBRD countries) recorded 25.7% for taxes on goods and services in 2024. That is the lowest value across all 32 years on record.
The figure is down 2.5% on the previous year and down 11.1% over ten years.
Over the whole period, taxes on goods and services in East Asia & Pacific (IDA & IBRD countries) peaked at 37.8% in 2011 and was at its lowest, 25.7%, in 2024.
That places East Asia & Pacific (IDA & IBRD countries) 38th out of 41 groups with data for 2024, putting it in the bottom quarter.
Taxes on goods and services in East Asia & Pacific (IDA & IBRD countries), year by year
| Year | % of revenue | Change |
|---|---|---|
| 1992 | 26.6% | — |
| 1993 | 26.8% | +1.0% |
| 1994 | 27.8% | +3.7% |
| 1996 | 27.0% | -2.9% |
| 1997 | 28.2% | +4.4% |
| 1998 | 26.4% | -6.5% |
| 1999 | 28.2% | +6.7% |
| 2000 | 30.2% | +7.3% |
| 2001 | 26.1% | -13.7% |
| 2002 | 27.8% | +6.7% |
| 2003 | 32.1% | +15.5% |
| 2004 | 28.2% | -12.3% |
| 2005 | 33.8% | +19.9% |
| 2006 | 36.7% | +8.4% |
| 2007 | 30.8% | -16.0% |
| 2008 | 32.0% | +3.9% |
| 2009 | 32.8% | +2.6% |
| 2010 | 31.9% | -2.8% |
| 2011 | 37.8% | +18.3% |
| 2012 | 35.4% | -6.4% |
| 2013 | 36.2% | +2.4% |
| 2014 | 28.9% | -20.1% |
| 2015 | 28.4% | -1.8% |
| 2016 | 31.6% | +11.3% |
| 2017 | 29.8% | -5.8% |
| 2018 | 29.5% | -1.1% |
| 2019 | 27.9% | -5.3% |
| 2020 | 27.9% | -0.1% |
| 2021 | 30.9% | +10.9% |
| 2022 | 25.9% | -16.4% |
| 2023 | 26.4% | +2.0% |
| 2024 | 25.7% | -2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 27.3% | 26.4% | 28.2% | 7 |
| 2000s | 31.1% | 26.1% | 36.7% | 10 |
| 2010s | 31.7% | 27.9% | 37.8% | 10 |
| 2020s | 27.4% | 25.7% | 30.9% | 5 |
Countries ranked near East Asia & Pacific (IDA & IBRD countries)
More public sector data for East Asia & Pacific (IDA & IBRD countries)
- Arms imports 872.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.4124 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 -41.87 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 872.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 163.99 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0156 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.25 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 346.78 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 94.45 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on goods and services in East Asia & Pacific (IDA & IBRD countries)?
- Taxes on goods and services in East Asia & Pacific (IDA & IBRD countries) was 25.7% 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 East Asia & Pacific (IDA & IBRD countries)?
- The highest recorded value was 37.8% in 2011.
- What is the lowest taxes on goods and services recorded in East Asia & Pacific (IDA & IBRD countries)?
- The lowest recorded value was 25.7% in 2024.
- How does East Asia & Pacific (IDA & IBRD countries) rank for taxes on goods and services?
- East Asia & Pacific (IDA & IBRD countries) ranks 38th out of 41 groups with data for 2024.
- Is taxes on goods and services rising or falling in East Asia & Pacific (IDA & IBRD countries)?
- Over the last ten years it is down 11.1%. The long-run trend across the full record is flat.
- Where does this East Asia & Pacific (IDA & IBRD countries) 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.