Taxes on goods and services in Slovakia
Slovakia: Taxes on goods and services was 12.5% in 2024. ▬ Flat
Taxes on goods and services in Slovakia, 1995–2024
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 Slovakia is 12.5%, measured in 2024.
That represents a change of down 4.0% on the previous year and up 0.7% over ten years.
Over the whole period, taxes on goods and services in Slovakia peaked at 14.6% in 1995 and was at its lowest, 11.0%, in 2010.
That places Slovakia 52nd out of 154 countries with data for 2024, putting it in the middle of the range.
Taxes on goods and services in Slovakia, year by year
| Year | % value added of industry and services | Change |
|---|---|---|
| 1995 | 14.6% | — |
| 1996 | 13.8% | -5.7% |
| 1997 | 12.7% | -8.1% |
| 1998 | 12.9% | +1.5% |
| 1999 | 12.2% | -5.1% |
| 2000 | 12.6% | +3.5% |
| 2001 | 12.3% | -2.7% |
| 2002 | 12.5% | +1.9% |
| 2003 | 13.2% | +5.7% |
| 2004 | 13.8% | +3.9% |
| 2005 | 14.0% | +1.7% |
| 2006 | 12.3% | -12.2% |
| 2007 | 12.2% | -0.8% |
| 2008 | 11.5% | -6.0% |
| 2009 | 11.3% | -1.2% |
| 2010 | 11.0% | -3.2% |
| 2011 | 12.1% | +10.0% |
| 2012 | 11.3% | -6.3% |
| 2013 | 12.1% | +6.8% |
| 2014 | 12.4% | +3.2% |
| 2015 | 12.7% | +1.8% |
| 2016 | 12.6% | -1.0% |
| 2017 | 13.1% | +4.3% |
| 2018 | 13.0% | -0.5% |
| 2019 | 13.3% | +2.5% |
| 2020 | 13.1% | -1.8% |
| 2021 | 13.1% | -0.3% |
| 2022 | 13.4% | +2.3% |
| 2023 | 13.0% | -2.4% |
| 2024 | 12.5% | -4.0% |
Slovakia compared with similar countries
- Slovakia's 12.5% is above the median for high income countries, which is 11.7%, 1.1× the median. (55 countries reporting)
- Slovakia's 12.5% is below the median for Europe & Central Asia, which is 13.0%, 97% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.2% | 12.2% | 14.6% | 5 |
| 2000s | 12.6% | 11.3% | 14.0% | 10 |
| 2010s | 12.4% | 11.0% | 13.3% | 10 |
| 2020s | 13.0% | 12.5% | 13.4% | 5 |
Countries ranked near Slovakia
More public sector data for Slovakia
- Arms imports 298.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 54.96 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0021 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 893.33 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 298.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 525.49 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0202 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 16.69 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 2.85 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 623.96 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on goods and services in Slovakia?
- Taxes on goods and services in Slovakia was 12.5% 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 Slovakia?
- The highest recorded value was 14.6% in 1995.
- What is the lowest taxes on goods and services recorded in Slovakia?
- The lowest recorded value was 11.0% in 2010.
- How does Slovakia rank for taxes on goods and services?
- Slovakia ranks 52nd out of 154 countries with data for 2024.
- Is taxes on goods and services rising or falling in Slovakia?
- Over the last ten years it is up 0.7%. The long-run trend across the full record is flat.
- Where does this Slovakia 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.