Lebanon—Taxes on Goods & Services (% of revenue)
Lebanon's taxes on goods & services (% of revenue) was 34.9% in 2021, ranking #52 out of 139 countries. This represents a +47.6% change from 2020. Over the past 22 years, the highest recorded value was 46.2% (2003) and the lowest was 23.7% (2020). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2021 | 34.9% | +47.6% |
| 2020 | 23.7% | -23.1% |
| 2019 | 30.7% | -12.0% |
| 2018 | 34.9% | +6.5% |
| 2017 | 32.8% | -7.6% |
| 2016 | 35.5% | -2.9% |
| 2015 | 36.5% | +7.3% |
| 2014 | 34.1% | -9.9% |
| 2013 | 37.8% | -1.9% |
| 2012 | 38.5% | +0.3% |
| 2011 | 38.4% | -16.3% |
| 2010 | 45.9% | +5.3% |
| 2009 | 43.6% | +12.9% |
| 2008 | 38.7% | +11.0% |
| 2007 | 34.8% | +7.6% |
| 2006 | 32.4% | -18.8% |
| 2005 | 39.9% | -11.6% |
| 2004 | 45.1% | -2.5% |
| 2003 | 46.2% | +5.7% |
| 2002 | 43.7% | +53.6% |
| 2001 | 28.5% | +11.4% |
| 2000 | 25.6% |
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).