Taxes on goods and services in Europe & Central Asia (excluding high income)
Europe & Central Asia (excluding high income): Taxes on goods and services was 38.3% in 2024. ▼ Falling
Taxes on goods and services in Europe & Central Asia (excluding high income), 2008–2024
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 Europe & Central Asia (excluding high income) is 38.3%, measured in 2024.
Compared with earlier readings it is up 7.4% on the previous year and down 2.5% over ten years.
Over the whole period, taxes on goods and services in Europe & Central Asia (excluding high income) peaked at 41.9% in 2018 and was at its lowest, 35.6%, in 2023.
That places Europe & Central Asia (excluding high income) 3rd out of 41 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently falling across the 17 years of available data.
Taxes on goods and services in Europe & Central Asia (excluding high income), year by year
| Year | % of revenue | Change |
|---|---|---|
| 2008 | 39.7% | — |
| 2009 | 39.8% | +0.4% |
| 2010 | 41.1% | +3.2% |
| 2011 | 39.5% | -3.9% |
| 2012 | 41.4% | +4.7% |
| 2013 | 41.0% | -1.0% |
| 2014 | 39.2% | -4.2% |
| 2015 | 39.7% | +1.3% |
| 2016 | 40.1% | +0.9% |
| 2017 | 40.0% | -0.4% |
| 2018 | 41.9% | +5.0% |
| 2019 | 40.6% | -3.1% |
| 2020 | 40.0% | -1.6% |
| 2021 | 39.8% | -0.3% |
| 2022 | 38.8% | -2.7% |
| 2023 | 35.6% | -8.1% |
| 2024 | 38.3% | +7.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 39.8% | 39.7% | 39.8% | 2 |
| 2010s | 40.5% | 39.2% | 41.9% | 10 |
| 2020s | 38.5% | 35.6% | 40.0% | 5 |
Countries ranked near Europe & Central Asia (excluding high income)
More public sector data for Europe & Central Asia (excluding high income)
- Arms imports 6.55 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 26.15 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0027 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 13.15 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 6.55 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 410.43 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0419 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.61 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 102.77 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 979.77 SIPRI trend indicator values per square kilometre (2023)
All data for Europe & Central Asia (excluding high income) →
Frequently asked questions
- What is taxes on goods and services in Europe & Central Asia (excluding high income)?
- Taxes on goods and services in Europe & Central Asia (excluding high income) was 38.3% 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 Europe & Central Asia (excluding high income)?
- The highest recorded value was 41.9% in 2018.
- What is the lowest taxes on goods and services recorded in Europe & Central Asia (excluding high income)?
- The lowest recorded value was 35.6% in 2023.
- How does Europe & Central Asia (excluding high income) rank for taxes on goods and services?
- Europe & Central Asia (excluding high income) ranks 3rd out of 41 groups with data for 2024.
- Is taxes on goods and services rising or falling in Europe & Central Asia (excluding high income)?
- Over the last ten years it is down 2.5%. The long-run trend across the full record is falling.
- Where does this Europe & Central Asia (excluding high income) 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.
Download this data
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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.