Paraguay—Taxes on Goods & Services (% of revenue)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #47 of 139
Latest Value
36.1%
2024
YoY Change
+0.7%
2023 → 2024
Global Rank
#47
of 139 countries
Maximum
41.6%
2014
Minimum
29.6%
2019
CAGR
+0.1%
20 years
Last
36.1%
Previous
35.8%
Highest
41.6%
Lowest
29.6%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 36.1% | +0.7% |
| 2023 | 35.8% | -0.8% |
| 2022 | 36.1% | -3.8% |
| 2021 | 37.5% | +2.4% |
| 2020 | 36.7% | +23.7% |
| 2019 | 29.6% | -21.1% |
| 2018 | 37.6% | -2.7% |
| 2017 | 38.6% | +8.5% |
| 2016 | 35.6% | -9.1% |
| 2015 | 39.1% | -5.9% |
| 2014 | 41.6% | +9.9% |
| 2013 | 37.8% | +1.8% |
| 2012 | 37.1% | -4.9% |
| 2011 | 39.1% | -2.8% |
| 2010 | 40.2% | +10.4% |
| 2009 | 36.4% | -7.3% |
| 2008 | 39.3% | +2.9% |
| 2007 | 38.2% | +8.1% |
| 2006 | 35.3% | -0.7% |
| 2005 | 35.6% |
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 →