Taxes on goods and services in Timor-Leste
Timor-Leste: Taxes on goods and services was 3.5% in 2022. ▼ Falling
Taxes on goods and services in Timor-Leste, 2010–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % value added of industry and services.
Analysis
Timor-Leste recorded 3.5% for taxes on goods and services in 2022.
That represents a change of up 58.8% on the previous year and down 51.7% over ten years.
Over the whole period, taxes on goods and services in Timor-Leste peaked at 7.7% in 2014 and was at its lowest, 2.2%, in 2021.
That places Timor-Leste 141st out of 154 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 13 years of available data.
Taxes on goods and services in Timor-Leste, year by year
| Year | % value added of industry and services | Change |
|---|---|---|
| 2010 | 5.6% | — |
| 2011 | 6.5% | +15.5% |
| 2012 | 7.2% | +9.9% |
| 2013 | 5.9% | -18.1% |
| 2014 | 7.7% | +31.8% |
| 2015 | 7.3% | -6.3% |
| 2016 | 5.2% | -28.5% |
| 2017 | 5.1% | -1.3% |
| 2018 | 5.3% | +3.7% |
| 2019 | 4.0% | -25.3% |
| 2020 | 3.4% | -14.2% |
| 2021 | 2.2% | -35.9% |
| 2022 | 3.5% | +58.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.0% | 4.0% | 7.7% | 10 |
| 2020s | 3.0% | 2.2% | 3.5% | 3 |
Countries ranked near Timor-Leste
More public sector data for Timor-Leste
- Military expenditure (current USD), per capita 33.13 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0249 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -15.81 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 46.40 million current USD (2024)
- Military expenditure (current USD), per square kilometre 3,706 current USD per square kilometre (2023)
- Tax revenue 21.6% (2022)
- Taxes on income, profits and capital gains 30.2% (2022)
- Taxes on goods and services 5.4% (2022)
- Net investment in nonfinancial assets 4.4% (2022)
- Net lending (+) / net borrowing (-) 1.6% (2022)
Frequently asked questions
- What is taxes on goods and services in Timor-Leste?
- Taxes on goods and services in Timor-Leste was 3.5% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Timor-Leste?
- The highest recorded value was 7.7% in 2014.
- What is the lowest taxes on goods and services recorded in Timor-Leste?
- The lowest recorded value was 2.2% in 2021.
- How does Timor-Leste rank for taxes on goods and services?
- Timor-Leste ranks 141st out of 154 countries with data for 2022.
- Is taxes on goods and services rising or falling in Timor-Leste?
- Over the last ten years it is down 51.7%. The long-run trend across the full record is falling.
- Where does this Timor-Leste 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.
Download this data
CSV · JSON — 13 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 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.