Taxes on goods and services in East Asia & Pacific
East Asia & Pacific: Taxes on goods and services was 25.3% in 2023. ▬ Flat
Taxes on goods and services in East Asia & Pacific, 1992–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
East Asia & Pacific recorded 25.3% for taxes on goods and services in 2023.
The figure is up 1.5% on the previous year and down 1.6% over ten years.
Over the whole period, taxes on goods and services in East Asia & Pacific peaked at 29.5% in 2021 and was at its lowest, 23.9%, in 2012.
East Asia & Pacific ranks 39th of 41 groups on this measure, in the bottom quarter.
Taxes on goods and services in East Asia & Pacific, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1992 | 26.0% | — |
| 1993 | 24.9% | -4.2% |
| 1996 | 26.4% | +6.3% |
| 1997 | 28.0% | +5.8% |
| 1998 | 25.7% | -8.2% |
| 1999 | 27.8% | +8.3% |
| 2001 | 26.1% | -6.2% |
| 2002 | 27.6% | +5.8% |
| 2003 | 29.0% | +5.0% |
| 2004 | 27.2% | -6.1% |
| 2005 | 28.4% | +4.5% |
| 2006 | 27.2% | -4.4% |
| 2007 | 24.9% | -8.4% |
| 2008 | 26.0% | +4.5% |
| 2009 | 28.7% | +10.6% |
| 2010 | 27.4% | -4.7% |
| 2011 | 26.9% | -1.6% |
| 2012 | 23.9% | -11.2% |
| 2013 | 25.7% | +7.6% |
| 2014 | 24.8% | -3.7% |
| 2015 | 24.9% | +0.3% |
| 2016 | 27.5% | +10.6% |
| 2017 | 28.4% | +3.4% |
| 2018 | 26.2% | -7.9% |
| 2019 | 27.3% | +4.0% |
| 2020 | 27.3% | +0.2% |
| 2021 | 29.5% | +8.1% |
| 2022 | 24.9% | -15.6% |
| 2023 | 25.3% | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 26.5% | 24.9% | 28.0% | 6 |
| 2000s | 27.2% | 24.9% | 29.0% | 9 |
| 2010s | 26.3% | 23.9% | 28.4% | 10 |
| 2020s | 26.8% | 24.9% | 29.5% | 4 |
Countries ranked near East Asia & Pacific
More public sector data for East Asia & Pacific
- Arms imports 4.69 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 1.96 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 12.28 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 4.69 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 217.12 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0161 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.09 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 518.54 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 170.8 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on goods and services in East Asia & Pacific?
- Taxes on goods and services in East Asia & Pacific was 25.3% 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 East Asia & Pacific?
- The highest recorded value was 29.5% in 2021.
- What is the lowest taxes on goods and services recorded in East Asia & Pacific?
- The lowest recorded value was 23.9% in 2012.
- How does East Asia & Pacific rank for taxes on goods and services?
- East Asia & Pacific ranks 39th out of 41 groups with data for 2023.
- Is taxes on goods and services rising or falling in East Asia & Pacific?
- Over the last ten years it is down 1.6%. The long-run trend across the full record is flat.
- Where does this East Asia & Pacific 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.