Taxes on goods and services in Zimbabwe
Zimbabwe: Taxes on goods and services was 3.8% in 2018. ▼ Falling
Taxes on goods and services in Zimbabwe, 2009–2018
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % value added of industry and services.
Analysis
In 2018, taxes on goods and services in Zimbabwe stood at 3.8%.
The figure is up 19.3% on the previous year and down 1.5% over ten years.
Over the whole period, taxes on goods and services in Zimbabwe peaked at 11.0% in 2015 and was at its lowest, 3.2%, in 2017.
That places Zimbabwe 138th out of 154 countries with data for 2018, putting it in the bottom quarter.
Taxes on goods and services in Zimbabwe, year by year
| Year | % value added of industry and services | Change |
|---|---|---|
| 2009 | 3.9% | — |
| 2010 | 7.2% | +83.3% |
| 2011 | 8.7% | +21.7% |
| 2012 | 9.1% | +4.3% |
| 2015 | 11.0% | +21.1% |
| 2016 | 9.7% | -11.4% |
| 2017 | 3.2% | -66.9% |
| 2018 | 3.8% | +19.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.9% | 3.9% | 3.9% | 1 |
| 2010s | 7.5% | 3.2% | 11.0% | 7 |
Countries ranked near Zimbabwe
More public sector data for Zimbabwe
- Arms imports 20.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 1.22 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0006 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate 0 % change on previous year (2006)
- Arms imports (SIPRI trend indicator values), gaps filled 20.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 5.92 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0024 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -88.7 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 98.39 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 51.7 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on goods and services in Zimbabwe?
- Taxes on goods and services in Zimbabwe was 3.8% in 2018, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Zimbabwe?
- The highest recorded value was 11.0% in 2015.
- What is the lowest taxes on goods and services recorded in Zimbabwe?
- The lowest recorded value was 3.2% in 2017.
- How does Zimbabwe rank for taxes on goods and services?
- Zimbabwe ranks 138th out of 154 countries with data for 2018.
- Is taxes on goods and services rising or falling in Zimbabwe?
- Over the last ten years it is down 1.5%. The long-run trend across the full record is falling.
- Where does this Zimbabwe 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.