Zambia—Taxes on Goods & Services (% of revenue)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #108 of 139
Latest Value
22.6%
2021
YoY Change
-22.3%
2020 → 2021
Global Rank
#108
of 139 countries
Maximum
42.6%
2014
Minimum
22.6%
2021
CAGR
-1.5%
19 years
Last
22.6%
Previous
29.2%
Highest
42.6%
Lowest
22.6%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2021 | 22.6% | -22.3% |
| 2020 | 29.2% | -17.5% |
| 2019 | 35.3% | -7.0% |
| 2018 | 38.0% | +3.0% |
| 2017 | 36.9% | +32.4% |
| 2016 | 27.9% | -14.1% |
| 2015 | 32.4% | -23.9% |
| 2014 | 42.6% | +11.8% |
| 2013 | 38.1% | +28.0% |
| 2012 | 29.8% | +24.6% |
| 2011 | 23.9% | -19.7% |
| 2010 | 29.8% | +5.4% |
| 2009 | 28.3% | -11.3% |
| 2008 | 31.9% | +11.0% |
| 2007 | 28.7% | -12.4% |
| 2006 | 32.8% | +11.0% |
| 2005 | 29.5% | -6.3% |
| 2004 | 31.5% | +6.5% |
| 2003 | 29.6% |
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 →