Home/Countries/South Africa/Taxes on Goods & Services (% of revenue)

South AfricaTaxes on Goods & Services (% of revenue)

Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #63 of 139
Latest Value
32.4%
2023
YoY Change
-0.8%
20222023
Global Rank
#63
of 139 countries
Maximum
36.2%
2004
Minimum
31.3%
2008
CAGR
-0.3%
24 years
Last
32.4%
Previous
32.6%
Highest
36.2%
Lowest
31.3%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators

Historical Data

YearValueChange
202332.4%-0.8%
202232.6%-1.2%
202133.0%-0.6%
202033.2%-1.7%
201933.8%-1.1%
201834.2%+5.3%
201732.4%-1.2%
201632.8%-1.4%
201533.3%+1.6%
201432.8%-2.3%
201333.6%-1.8%
201234.2%+2.3%
201133.4%-3.9%
201034.8%+8.3%
200932.1%+2.3%
200831.3%-6.9%
200733.7%-2.2%
200634.4%-2.2%
200535.2%-2.8%
200436.2%+2.6%
200335.3%+4.7%
200233.7%+1.8%
200133.1%-4.1%
200034.5%

Top Countries — Taxes on Goods & Services (% of revenue)

#CountryValueYear
1Macao SAR, China71.7%2023
2Bahamas, The57.1%2023
3Lao PDR53.9%2022
4Mauritius53.3%2024
5Guatemala51.5%2023
6Armenia48.2%2024
7Dominican Republic47.9%2024
8Croatia47.1%2023
9Nicaragua46.5%2023
10Burundi46.4%2021
View all 139 countries →

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 →