Taxes on goods and services (% of revenue) in Least developed countries

Least developed countries: Taxes on goods and services (% of revenue) was 36.1% in 2021. ▲ Rising

Latest (2021)
36.1%
Change on year
up 2.4%
Rank
7th
of 41 groups
All-time high
39.1%
in 2016
All-time low
29.9%
in 2010
Years of data
11
2010–2021

Taxes on goods and services in Least developed countries, 2010–2021

0102030402010201520212010: 29.9 % of revenue2012: 34.3 % of revenue2013: 31.5 % of revenue2014: 36.3 % of revenue2015: 36.3 % of revenue2016: 39.1 % of revenue2017: 35.3 % of revenue2018: 34.6 % of revenue2019: 36.7 % of revenue2020: 35.2 % of revenue2021: 36.1 % of revenue

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.

Analysis

Least developed countries recorded 36.1% for taxes on goods and services in 2021.

The figure is up 2.4% on the previous year and up 20.5% over ten years.

Over the whole period, taxes on goods and services in Least developed countries peaked at 39.1% in 2016 and was at its lowest, 29.9%, in 2010.

Least developed countries ranks 7th of 41 groups on this measure, in the top quarter.

The long-run direction has been consistently rising across the 11 years of available data.

Taxes on goods and services (% of revenue) in Least developed countries, year by year

Annual values for Taxes on goods and services (% of revenue) in Least developed countries, 2010 to 2021.
Year % of revenue Change
2010 29.9% —
2012 34.3% +14.6%
2013 31.5% -8.0%
2014 36.3% +15.1%
2015 36.3% -0.1%
2016 39.1% +7.7%
2017 35.3% -9.6%
2018 34.6% -2.0%
2019 36.7% +6.2%
2020 35.2% -4.1%
2021 36.1% +2.4%

Averages by decade

DecadeAverage LowestHighest Years
2010s 34.9% 29.9% 39.1% 9
2020s 35.6% 35.2% 36.1% 2

Countries ranked near Least developed countries

  1. 4 Laos 53.9% compare
  2. 5 Mauritius 53.3% compare
  3. 6 Guatemala 51.9% compare
  4. 7 Bolivia 49.3%
  5. 8 Lebanon 48.4% compare
  6. 9 Armenia 48.2% compare
  7. 10 Belize 48.1% compare

See the full ranking of 197 places →

More public sector data for Least developed countries

All data for Least developed countries →

Frequently asked questions

What is taxes on goods and services in Least developed countries?
Taxes on goods and services in Least developed countries was 36.1% 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 Least developed countries?
The highest recorded value was 39.1% in 2016.
What is the lowest taxes on goods and services recorded in Least developed countries?
The lowest recorded value was 29.9% in 2010.
How does Least developed countries rank for taxes on goods and services?
Least developed countries ranks 7th out of 41 groups with data for 2021.
Is taxes on goods and services rising or falling in Least developed countries?
Over the last ten years it is up 20.5%. The long-run trend across the full record is rising.
Where does this Least developed 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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Taxes on goods and services in Least developed countries. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 07 November 2026, from https://public-sector.statizoid.com/stat/taxes-on-goods-and-services-percent-of-revenue/least-developed-countries-un-classification/

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About this data

Indicator
Taxes on goods and services (% of revenue)
Unit
% of revenue
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
197 places, 5,707 data points, 1972–2024
Last refreshed

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.