Taxes on goods and services in Romania
Romania: Taxes on goods and services was 12.0% in 2024. ▲ Rising
Taxes on goods and services in Romania, 1990–2024
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 Romania is 12.0%, measured in 2024.
That represents a change of down 0.6% on the previous year and down 16.3% over ten years.
Over the whole period, taxes on goods and services in Romania peaked at 16.0% in 1990 and was at its lowest, 8.8%, in 1992.
Romania ranks 56th of 154 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Taxes on goods and services in Romania, year by year
| Year | % value added of industry and services | Change |
|---|---|---|
| 1990 | 16.0% | — |
| 1991 | 11.1% | -31.1% |
| 1992 | 8.8% | -20.6% |
| 1993 | 11.3% | +28.6% |
| 1994 | 9.5% | -15.9% |
| 1995 | 9.7% | +1.7% |
| 1996 | 8.8% | -8.5% |
| 1997 | 9.7% | +10.3% |
| 1998 | 12.3% | +26.6% |
| 1999 | 13.3% | +7.5% |
| 2000 | 13.0% | -2.0% |
| 2001 | 12.9% | -0.8% |
| 2002 | 13.2% | +2.2% |
| 2003 | 14.6% | +10.6% |
| 2004 | 13.7% | -6.2% |
| 2005 | 14.5% | +6.1% |
| 2006 | 14.1% | -3.2% |
| 2007 | 13.5% | -3.9% |
| 2008 | 12.7% | -5.8% |
| 2009 | 11.3% | -11.2% |
| 2010 | 12.9% | +14.4% |
| 2011 | 14.3% | +10.2% |
| 2012 | 14.3% | +0.3% |
| 2013 | 14.8% | +3.5% |
| 2014 | 14.3% | -3.5% |
| 2015 | 15.1% | +5.5% |
| 2016 | 12.7% | -15.5% |
| 2017 | 11.4% | -10.4% |
| 2018 | 11.5% | +1.0% |
| 2019 | 11.6% | +1.0% |
| 2020 | 11.4% | -2.3% |
| 2021 | 11.9% | +4.4% |
| 2022 | 12.0% | +0.9% |
| 2023 | 12.0% | +0.5% |
| 2024 | 12.0% | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.1% | 8.8% | 16.0% | 10 |
| 2000s | 13.4% | 11.3% | 14.6% | 10 |
| 2010s | 13.3% | 11.4% | 15.1% | 10 |
| 2020s | 11.8% | 11.4% | 12.0% | 5 |
Countries ranked near Romania
- 53 Luxembourg 12.4% compare
- 54 Jordan 12.1% compare
- 55 United Kingdom of Great Britain and Northern Ireland 12.1% compare
- 57 Chile 11.9% compare
- 58 Netherlands 11.8% compare
- 59 Honduras 11.7% compare
More public sector data for Romania
- Arms imports 278.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 14.59 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0007 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -19.19 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 278.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 457.48 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0228 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 54.86 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 8.72 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1,495 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on goods and services in Romania?
- Taxes on goods and services in Romania was 12.0% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Romania?
- The highest recorded value was 16.0% in 1990.
- What is the lowest taxes on goods and services recorded in Romania?
- The lowest recorded value was 8.8% in 1992.
- How does Romania rank for taxes on goods and services?
- Romania ranks 56th out of 154 countries with data for 2024.
- Is taxes on goods and services rising or falling in Romania?
- Over the last ten years it is down 16.3%. The long-run trend across the full record is rising.
- Where does this Romania 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.