Taxes on goods and services in United Kingdom of Great Britain and Northern Ireland
United Kingdom of Great Britain and Northern Ireland: Taxes on goods and services was 12.1% in 2024. ▲ Rising
Taxes on goods and services in United Kingdom of Great Britain and Northern Ireland, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % value added of industry and services.
Analysis
In 2024, taxes on goods and services in United Kingdom of Great Britain and Northern Ireland stood at 12.1%.
That represents a change of down 2.2% on the previous year and down 8.3% over ten years.
Over the whole period, taxes on goods and services in United Kingdom of Great Britain and Northern Ireland peaked at 13.3% in 2016 and was at its lowest, 9.7%, in 1990.
That places United Kingdom of Great Britain and Northern Ireland 55th out of 154 countries with data for 2024, putting it 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 United Kingdom of Great Britain and Northern Ireland, year by year
| Year | % value added of industry and services | Change |
|---|---|---|
| 1990 | 9.7% | — |
| 1991 | 10.3% | +6.4% |
| 1992 | 10.6% | +2.7% |
| 1993 | 10.3% | -2.5% |
| 1994 | 10.8% | +4.8% |
| 1995 | 11.6% | +7.6% |
| 1996 | 11.7% | +0.2% |
| 1997 | 11.9% | +2.3% |
| 1998 | 12.2% | +2.5% |
| 1999 | 12.7% | +4.2% |
| 2000 | 12.6% | -0.7% |
| 2001 | 12.3% | -2.8% |
| 2002 | 12.4% | +0.8% |
| 2003 | 12.4% | -0.1% |
| 2004 | 12.5% | +0.6% |
| 2005 | 12.0% | -3.8% |
| 2006 | 12.0% | +0.3% |
| 2007 | 12.1% | +0.7% |
| 2008 | 11.5% | -5.2% |
| 2009 | 10.9% | -5.0% |
| 2010 | 12.1% | +11.4% |
| 2011 | 13.1% | +7.8% |
| 2012 | 13.0% | -0.7% |
| 2013 | 13.1% | +1.0% |
| 2014 | 13.2% | +0.5% |
| 2015 | 13.2% | +0.2% |
| 2016 | 13.3% | +0.5% |
| 2017 | 13.2% | -0.4% |
| 2018 | 13.2% | -0.5% |
| 2019 | 13.1% | -0.6% |
| 2020 | 12.4% | -5.5% |
| 2021 | 12.7% | +2.4% |
| 2022 | 12.8% | +1.3% |
| 2023 | 12.4% | -3.5% |
| 2024 | 12.1% | -2.2% |
United Kingdom of Great Britain and Northern Ireland compared with similar countries
- United Kingdom of Great Britain and Northern Ireland's 12.1% is above the median for high income countries, which is 11.7%, 1.0× the median. (55 countries reporting)
- United Kingdom of Great Britain and Northern Ireland's 12.1% is below the median for Europe & Central Asia, which is 13.0%, 93% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.2% | 9.7% | 12.7% | 10 |
| 2000s | 12.1% | 10.9% | 12.6% | 10 |
| 2010s | 13.1% | 12.1% | 13.3% | 10 |
| 2020s | 12.5% | 12.1% | 12.8% | 5 |
Countries ranked near United Kingdom of Great Britain and Northern Ireland
More public sector data for United Kingdom of Great Britain and Northern Ireland
- Arms imports 643.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 9.28 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 36.23 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 643.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,180 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 8.58 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 81.76 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1,951 SIPRI trend indicator values per square kilometre (2023)
All data for United Kingdom of Great Britain and Northern Ireland →
Frequently asked questions
- What is taxes on goods and services in United Kingdom of Great Britain and Northern Ireland?
- Taxes on goods and services in United Kingdom of Great Britain and Northern Ireland was 12.1% 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 United Kingdom of Great Britain and Northern Ireland?
- The highest recorded value was 13.3% in 2016.
- What is the lowest taxes on goods and services recorded in United Kingdom of Great Britain and Northern Ireland?
- The lowest recorded value was 9.7% in 1990.
- How does United Kingdom of Great Britain and Northern Ireland rank for taxes on goods and services?
- United Kingdom of Great Britain and Northern Ireland ranks 55th out of 154 countries with data for 2024.
- Is taxes on goods and services rising or falling in United Kingdom of Great Britain and Northern Ireland?
- Over the last ten years it is down 8.3%. The long-run trend across the full record is rising.
- Where does this United Kingdom of Great Britain and Northern Ireland 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.