Taxes on goods and services in Least developed countries
Least developed countries: Taxes on goods and services was 37.2% in 2021. ▲ Rising
Taxes on goods and services in Least developed countries, 2010–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Least developed countries recorded 37.2% for taxes on goods and services in 2021.
The figure is up 5.6% on the previous year and up 24.3% 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 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 Least developed countries, year by year
| 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 | 37.8% | +7.2% |
| 2019 | 38.6% | +2.0% |
| 2020 | 35.2% | -8.7% |
| 2021 | 37.2% | +5.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 35.4% | 29.9% | 39.1% | 9 |
| 2020s | 36.2% | 35.2% | 37.2% | 2 |
Countries ranked near Least developed countries
More public sector data for Least developed countries
- Arms imports 748.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.645 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -26.74 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 748.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 19.79 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0152 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 19.77 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 23.48 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 36.74 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on goods and services in Least developed countries?
- Taxes on goods and services in Least developed countries 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 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 5th 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 24.3%. 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.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.