Belgium—Taxes on Goods & Services (% of revenue)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #96 of 139
Latest Value
25.5%
2022
YoY Change
-5.6%
2021 → 2022
Global Rank
#96
of 139 countries
Maximum
27.0%
2021
Minimum
24.1%
2014
CAGR
-0.2%
23 years
Last
25.5%
Previous
27.0%
Highest
27.0%
Lowest
24.1%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2022 | 25.5% | -5.6% |
| 2021 | 27.0% | +2.7% |
| 2020 | 26.3% | -2.0% |
| 2019 | 26.8% | +3.3% |
| 2018 | 26.0% | -0.5% |
| 2017 | 26.1% | -1.7% |
| 2016 | 26.5% | +6.8% |
| 2015 | 24.8% | +3.2% |
| 2014 | 24.1% | -0.9% |
| 2013 | 24.3% | -2.7% |
| 2012 | 25.0% | +1.0% |
| 2011 | 24.7% | -2.5% |
| 2010 | 25.4% | +1.0% |
| 2009 | 25.1% | +2.8% |
| 2008 | 24.4% | -3.8% |
| 2007 | 25.4% | +0.2% |
| 2006 | 25.4% | +0.4% |
| 2005 | 25.3% | +0.4% |
| 2004 | 25.1% | +2.3% |
| 2003 | 24.6% | +1.5% |
| 2002 | 24.2% | -5.4% |
| 2001 | 25.6% | -4.2% |
| 2000 | 26.7% |
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 →