Azerbaijan—Taxes on Goods & Services (% of revenue)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #114 of 139
Latest Value
19.9%
2023
YoY Change
+19.7%
2022 → 2023
Global Rank
#114
of 139 countries
Maximum
23.7%
2015
Minimum
12.1%
2011
CAGR
+3.1%
16 years
Last
19.9%
Previous
16.6%
Highest
23.7%
Lowest
12.1%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 19.9% | +19.7% |
| 2022 | 16.6% | -12.4% |
| 2021 | 19.0% | -17.6% |
| 2020 | 23.0% | +27.7% |
| 2019 | 18.0% | +1.7% |
| 2018 | 17.7% | -9.0% |
| 2017 | 19.5% | -13.0% |
| 2016 | 22.4% | -5.4% |
| 2015 | 23.7% | +34.4% |
| 2014 | 17.6% | +18.5% |
| 2013 | 14.9% | +9.1% |
| 2012 | 13.6% | +12.7% |
| 2011 | 12.1% | -10.8% |
| 2010 | 13.6% | -23.9% |
| 2009 | 17.8% | +40.8% |
| 2008 | 12.6% |
Top Countries — Taxes on Goods & Services (% of revenue)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Macao SAR, China | 71.7% | 2023 |
| 2 | Bahamas, The | 57.1% | 2023 |
| 3 | Lao PDR | 53.9% | 2022 |
| 4 | Mauritius | 53.3% | 2024 |
| 5 | Guatemala | 51.5% | 2023 |
| 6 | Armenia | 48.2% | 2024 |
| 7 | Dominican Republic | 47.9% | 2024 |
| 8 | Croatia | 47.1% | 2023 |
| 9 | Nicaragua | 46.5% | 2023 |
| 10 | Burundi | 46.4% | 2021 |
About This Indicator
Definition
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 revenue which includes all transactions that add to the amount of economic value of a unit or sector.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Source: World Bank - World Development IndicatorsView original source →