Taxes on goods and services in Heavily indebted poor countries (HIPC)
Heavily indebted poor countries (HIPC): Taxes on goods and services was 37.2% in 2021. ▲ Rising
Taxes on goods and services in Heavily indebted poor countries (HIPC), 2010–2021
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 Heavily indebted poor countries (HIPC) is 37.2%, measured in 2021.
The figure is up 3.2% on the previous year and up 24.3% over ten years.
Over the whole period, taxes on goods and services in Heavily indebted poor countries (HIPC) peaked at 38.6% in 2016 and was at its lowest, 29.9%, in 2010.
Heavily indebted poor countries (HIPC) ranks 5th of 41 groups on this measure, in the top 10%.
The long-run direction has been consistently rising across the 11 years of available data.
Taxes on goods and services in Heavily indebted poor countries (HIPC), year by year
| Year | % of revenue | Change |
|---|---|---|
| 2010 | 29.9% | — |
| 2012 | 34.3% | +14.6% |
| 2013 | 32.6% | -5.0% |
| 2014 | 36.3% | +11.5% |
| 2015 | 36.3% | -0.1% |
| 2016 | 38.6% | +6.6% |
| 2017 | 35.9% | -7.1% |
| 2018 | 37.5% | +4.5% |
| 2019 | 37.9% | +1.2% |
| 2020 | 36.0% | -5.1% |
| 2021 | 37.2% | +3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 35.5% | 29.9% | 38.6% | 9 |
| 2020s | 36.6% | 36.0% | 37.2% | 2 |
Countries ranked near Heavily indebted poor countries (HIPC)
More public sector data for Heavily indebted poor countries (HIPC)
- Arms imports 387.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.4116 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -31.02 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 387.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 14.3 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0117 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 4.7 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 13.44 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 28.9 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on goods and services in Heavily indebted poor countries (HIPC)?
- Taxes on goods and services in Heavily indebted poor countries (HIPC) was 37.2% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Heavily indebted poor countries (HIPC)?
- The highest recorded value was 38.6% in 2016.
- What is the lowest taxes on goods and services recorded in Heavily indebted poor countries (HIPC)?
- The lowest recorded value was 29.9% in 2010.
- How does Heavily indebted poor countries (HIPC) rank for taxes on goods and services?
- Heavily indebted poor countries (HIPC) ranks 5th out of 41 groups with data for 2021.
- Is taxes on goods and services rising or falling in Heavily indebted poor countries (HIPC)?
- Over the last ten years it is up 24.3%. The long-run trend across the full record is rising.
- Where does this Heavily indebted poor countries (HIPC) 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.