Taxes on goods and services in Iraq
Iraq: Taxes on goods and services was 0.1% in 2019. ◆ Volatile
Taxes on goods and services in Iraq, 2014–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % value added of industry and services.
Analysis
The most recent figure for taxes on goods and services in Iraq is 0.1%, measured in 2019.
Compared with earlier readings it is up 17.9% on the previous year and up 33.6% over ten years.
That places Iraq 154th out of 154 countries with data for 2019, putting it in the bottom quarter.
Taxes on goods and services in Iraq, year by year
| Year | % value added of industry and services | Change |
|---|---|---|
| 2014 | 0.1% | — |
| 2015 | 0.2% | +68.4% |
| 2016 | 0.4% | +138.6% |
| 2017 | 0.1% | -67.6% |
| 2018 | 0.1% | -13.0% |
| 2019 | 0.1% | +17.9% |
Iraq compared with similar countries
- Iraq's 0.1% is below the median for upper middle income countries, which is 9.8%, 1% of the median. (48 countries reporting)
- Iraq's 0.1% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 6.7%, 2% of the median. (13 countries reporting)
Countries ranked near Iraq
- 151 Iran, Islamic Republic of 0.9%
- 152 United Arab Emirates 0.7% compare
- 153 United States of America 0.4% compare
More public sector data for Iraq
- Arms imports 23.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.4995 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -20.69 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 23.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 134.19 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0221 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 11.95 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 6.18 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 66.8 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on goods and services in Iraq?
- Taxes on goods and services in Iraq was 0.1% in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Iraq?
- The highest recorded value was 0.4% in 2016.
- What is the lowest taxes on goods and services recorded in Iraq?
- The lowest recorded value was 0.1% in 2014.
- How does Iraq rank for taxes on goods and services?
- Iraq ranks 154th out of 154 countries with data for 2019.
- Is taxes on goods and services rising or falling in Iraq?
- Over the last ten years it is up 33.6%. The long-run trend across the full record is volatile.
- Where does this Iraq 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 (% value added of industry and services). 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 value added in industry and services which is the contribution to the economy by industries in ISIC (Rev. 3) divisions 05-43 and 50-99.