Taxes on goods and services in Zimbabwe
Zimbabwe: Taxes on goods and services was 41.2% in 2018. ▲ Rising
Taxes on goods and services in Zimbabwe, 2009–2018
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 Zimbabwe is 41.2%, measured in 2018.
The figure is down 12.4% on the previous year and up 35.1% over ten years.
Over the whole period, taxes on goods and services in Zimbabwe peaked at 47.1% in 2017 and was at its lowest, 29.0%, in 2010.
Zimbabwe ranks 38th of 156 countries on this measure, in the top quarter.
Taxes on goods and services in Zimbabwe, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2009 | 30.5% | — |
| 2010 | 29.0% | -5.1% |
| 2011 | 33.5% | +15.8% |
| 2012 | 35.8% | +6.8% |
| 2015 | 46.9% | +30.9% |
| 2016 | 46.8% | -0.2% |
| 2017 | 47.1% | +0.6% |
| 2018 | 41.2% | -12.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.5% | 30.5% | 30.5% | 1 |
| 2010s | 40.0% | 29.0% | 47.1% | 7 |
Countries ranked near Zimbabwe
More public sector data for Zimbabwe
- Arms imports 20.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 1.22 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0006 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate 0 % change on previous year (2006)
- Arms imports (SIPRI trend indicator values), gaps filled 20.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 5.92 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0024 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -88.7 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 98.39 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 51.7 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on goods and services in Zimbabwe?
- Taxes on goods and services in Zimbabwe was 41.2% in 2018, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Zimbabwe?
- The highest recorded value was 47.1% in 2017.
- What is the lowest taxes on goods and services recorded in Zimbabwe?
- The lowest recorded value was 29.0% in 2010.
- How does Zimbabwe rank for taxes on goods and services?
- Zimbabwe ranks 38th out of 156 countries with data for 2018.
- Is taxes on goods and services rising or falling in Zimbabwe?
- Over the last ten years it is up 35.1%. The long-run trend across the full record is rising.
- Where does this Zimbabwe 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.