Cameroon—Taxes on Goods & Services (% of revenue)
Cameroon's taxes on goods & services (% of revenue) was 43.3% in 2021, ranking #23 out of 139 countries. This represents a +2.4% change from 2020. Over the past 10 years, the highest recorded value was 43.3% (2021) and the lowest was 29.9% (2012). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2021 | 43.3% | +2.4% |
| 2020 | 42.3% | +1.1% |
| 2019 | 41.8% | -2.0% |
| 2018 | 42.7% | +3.9% |
| 2017 | 41.1% | +6.4% |
| 2016 | 38.6% | +11.8% |
| 2015 | 34.6% | +3.1% |
| 2014 | 33.5% | +2.9% |
| 2013 | 32.6% | +8.9% |
| 2012 | 29.9% |
Top Countries — Taxes on Goods & Services (% of revenue)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Macao SAR, China | 76.2% | 2024 |
| 2 | Bahamas, The | 58.7% | 2024 |
| 3 | Lao PDR | 53.9% | 2022 |
| 4 | Mauritius | 53.3% | 2024 |
| 5 | Guatemala | 51.9% | 2024 |
| 6 | Lebanon | 48.4% | 2024 |
| 7 | Armenia | 48.2% | 2024 |
| 8 | Dominican Republic | 47.9% | 2024 |
| 9 | Nicaragua | 47.5% | 2024 |
| 10 | Croatia | 47.1% | 2023 |
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).