United Kingdom—Taxes on Goods & Services (% of revenue)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #71 of 139
Latest Value
31.1%
2024
YoY Change
-1.6%
2023 → 2024
Global Rank
#71
of 139 countries
Maximum
35.7%
2014
Minimum
28.5%
2010
CAGR
-0.4%
25 years
Last
31.1%
Previous
31.6%
Highest
35.7%
Lowest
28.5%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 31.1% | -1.6% |
| 2023 | 31.6% | -1.2% |
| 2022 | 32.0% | -2.1% |
| 2021 | 32.7% | -1.6% |
| 2020 | 33.2% | -5.1% |
| 2019 | 34.9% | +0.7% |
| 2018 | 34.7% | -0.1% |
| 2017 | 34.7% | -1.4% |
| 2016 | 35.2% | -0.9% |
| 2015 | 35.5% | -0.6% |
| 2014 | 35.7% | +3.1% |
| 2013 | 34.6% | +0.6% |
| 2012 | 34.4% | -0.9% |
| 2011 | 34.7% | +21.8% |
| 2010 | 28.5% | -7.6% |
| 2009 | 30.9% | +2.6% |
| 2008 | 30.1% | -6.6% |
| 2007 | 32.2% | -0.3% |
| 2006 | 32.3% | +1.0% |
| 2005 | 32.0% | -6.4% |
| 2004 | 34.2% | -3.2% |
| 2003 | 35.3% | +0.8% |
| 2002 | 35.0% | +4.1% |
| 2001 | 33.6% | -1.6% |
| 2000 | 34.2% |
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 →