Taxes on goods and services in IDA & IBRD total
IDA & IBRD total: Taxes on goods and services was 33.5% in 2023. ▬ Flat
Taxes on goods and services in IDA & IBRD total, 2003–2023
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 IDA & IBRD total is 33.5%, measured in 2023.
That represents a change of up 1.6% on the previous year and down 1.9% over ten years.
Over the whole period, taxes on goods and services in IDA & IBRD total peaked at 37.0% in 2004 and was at its lowest, 32.8%, in 2009.
That places IDA & IBRD total 16th out of 41 groups with data for 2023, putting it in the middle of the range.
Taxes on goods and services in IDA & IBRD total, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2003 | 34.3% | — |
| 2004 | 37.0% | +8.0% |
| 2005 | 36.7% | -0.9% |
| 2006 | 35.2% | -4.1% |
| 2007 | 34.5% | -2.0% |
| 2008 | 34.6% | +0.5% |
| 2009 | 32.8% | -5.2% |
| 2010 | 32.9% | +0.2% |
| 2011 | 34.6% | +5.1% |
| 2012 | 35.1% | +1.3% |
| 2013 | 34.1% | -2.6% |
| 2014 | 34.2% | +0.2% |
| 2015 | 35.1% | +2.7% |
| 2016 | 35.9% | +2.3% |
| 2017 | 35.2% | -2.1% |
| 2018 | 35.6% | +1.0% |
| 2019 | 34.9% | -1.8% |
| 2020 | 35.5% | +1.7% |
| 2021 | 35.6% | +0.4% |
| 2022 | 33.0% | -7.5% |
| 2023 | 33.5% | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 35.0% | 32.8% | 37.0% | 7 |
| 2010s | 34.8% | 32.9% | 35.9% | 10 |
| 2020s | 34.4% | 33.0% | 35.6% | 4 |
Countries ranked near IDA & IBRD total
More public sector data for IDA & IBRD total
- Arms imports 13.54 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 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -17.98 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 13.54 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 129.18 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0205 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 12.08 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 894.64 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 171.81 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on goods and services in IDA & IBRD total?
- Taxes on goods and services in IDA & IBRD total was 33.5% 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 IDA & IBRD total?
- The highest recorded value was 37.0% in 2004.
- What is the lowest taxes on goods and services recorded in IDA & IBRD total?
- The lowest recorded value was 32.8% in 2009.
- How does IDA & IBRD total rank for taxes on goods and services?
- IDA & IBRD total ranks 16th out of 41 groups with data for 2023.
- Is taxes on goods and services rising or falling in IDA & IBRD total?
- Over the last ten years it is down 1.9%. The long-run trend across the full record is flat.
- Where does this IDA & IBRD total 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.