Australia—Taxes on Goods & Services (% of revenue)
Australia's taxes on goods & services (% of revenue) was 17.8% in 2022, ranking #122 out of 139 countries. This represents a -11.2% change from 2021. Over the past 23 years, the highest recorded value was 25.8% (2003) and the lowest was 17.8% (2022). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2022 | 17.8% | -11.2% |
| 2021 | 20.0% | +3.6% |
| 2020 | 19.3% | -0.7% |
| 2019 | 19.5% | -4.9% |
| 2018 | 20.5% | -3.0% |
| 2017 | 21.1% | -2.5% |
| 2016 | 21.7% | +1.6% |
| 2015 | 21.3% | -9.2% |
| 2014 | 23.5% | +2.0% |
| 2013 | 23.0% | +3.8% |
| 2012 | 22.2% | -7.5% |
| 2011 | 24.0% | -1.6% |
| 2010 | 24.4% | +7.5% |
| 2009 | 22.7% | +0.4% |
| 2008 | 22.6% | -2.7% |
| 2007 | 23.2% | -1.9% |
| 2006 | 23.6% | -2.3% |
| 2005 | 24.2% | -4.5% |
| 2004 | 25.3% | -1.9% |
| 2003 | 25.8% | +1.5% |
| 2002 | 25.4% | +4.8% |
| 2001 | 24.3% | +35.6% |
| 2000 | 17.9% |
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).