China—Taxes on Goods & Services (% of revenue)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #68 of 139
Latest Value
31.2%
2023
YoY Change
+6.6%
2022 → 2023
Global Rank
#68
of 139 countries
Maximum
77.7%
2005
Minimum
29.3%
2022
CAGR
-4.9%
19 years
Last
31.2%
Previous
29.3%
Highest
77.7%
Lowest
29.3%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 31.2% | +6.6% |
| 2022 | 29.3% | -6.2% |
| 2021 | 31.2% | -9.2% |
| 2020 | 34.4% | +7.7% |
| 2019 | 31.9% | -2.2% |
| 2018 | 32.6% | -9.2% |
| 2017 | 35.9% | +3.5% |
| 2016 | 34.7% | -1.6% |
| 2015 | 35.3% | -8.1% |
| 2014 | 38.4% | -33.7% |
| 2013 | 58.0% | -5.5% |
| 2012 | 61.3% | -1.3% |
| 2011 | 62.1% | -2.0% |
| 2010 | 63.4% | +5.4% |
| 2009 | 60.1% | +5.7% |
| 2008 | 56.9% | +50.7% |
| 2007 | 37.7% | -33.5% |
| 2006 | 56.8% | -26.9% |
| 2005 | 77.7% |
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 →