Taxes on goods and services in Senegal
Senegal: Taxes on goods and services was 40.5% in 2023. ▲ Rising
Taxes on goods and services in Senegal, 2015–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2023, taxes on goods and services in Senegal stood at 40.5%.
That represents a change of down 0.7% on the previous year and down 0.3% over ten years.
Over the whole period, taxes on goods and services in Senegal peaked at 42.6% in 2021 and was at its lowest, 34.6%, in 2018.
That places Senegal 41st out of 156 countries with data for 2023, putting it in the middle of the range.
Taxes on goods and services in Senegal, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2015 | 40.6% | — |
| 2016 | 41.1% | +1.1% |
| 2017 | 35.3% | -14.2% |
| 2018 | 34.6% | -2.0% |
| 2019 | 41.3% | +19.4% |
| 2020 | 41.7% | +1.1% |
| 2021 | 42.6% | +2.1% |
| 2022 | 40.8% | -4.2% |
| 2023 | 40.5% | -0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 38.6% | 34.6% | 41.3% | 5 |
| 2020s | 41.4% | 40.5% | 42.6% | 4 |
Countries ranked near Senegal
More public sector data for Senegal
- Arms imports 77.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 4.16 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0024 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -55.23 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 77.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 27.83 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.016 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 14.69 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 514.94 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 893.37 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on goods and services in Senegal?
- Taxes on goods and services in Senegal was 40.5% 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 Senegal?
- The highest recorded value was 42.6% in 2021.
- What is the lowest taxes on goods and services recorded in Senegal?
- The lowest recorded value was 34.6% in 2018.
- How does Senegal rank for taxes on goods and services?
- Senegal ranks 41st out of 156 countries with data for 2023.
- Is taxes on goods and services rising or falling in Senegal?
- Over the last ten years it is down 0.3%. The long-run trend across the full record is rising.
- Where does this Senegal 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 — 9 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.