Andorra—Taxes on Goods & Services (% of revenue)
Andorra's taxes on goods & services (% of revenue) was 23.5% in 2023, ranking #104 out of 139 countries. This represents a +1.7% change from 2022. Over the past 6 years, the highest recorded value was 25.4% (2018) and the lowest was 21.9% (2020). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 23.5% | +1.7% |
| 2022 | 23.1% | -1.8% |
| 2021 | 23.6% | +7.8% |
| 2020 | 21.9% | -13.4% |
| 2019 | 25.2% | -0.6% |
| 2018 | 25.4% |
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).