Portugal—Taxes on Goods & Services (% of revenue)
Portugal's taxes on goods & services (% of revenue) was 30.9% in 2023, ranking #72 out of 139 countries. This represents a -2.7% change from 2022. Over the past 24 years, the highest recorded value was 34.2% (2006) and the lowest was 29.2% (2013). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 30.9% | -2.7% |
| 2022 | 31.8% | +2.3% |
| 2021 | 31.1% | -0.1% |
| 2020 | 31.1% | -5.4% |
| 2019 | 32.9% | +0.0% |
| 2018 | 32.9% | -0.4% |
| 2017 | 33.0% | +1.4% |
| 2016 | 32.6% | +3.2% |
| 2015 | 31.5% | +3.6% |
| 2014 | 30.4% | +4.3% |
| 2013 | 29.2% | -7.3% |
| 2012 | 31.5% | -0.1% |
| 2011 | 31.5% | -0.0% |
| 2010 | 31.5% | +6.3% |
| 2009 | 29.6% | -7.5% |
| 2008 | 32.0% | -2.5% |
| 2007 | 32.8% | -4.1% |
| 2006 | 34.2% | +1.0% |
| 2005 | 33.9% | +4.2% |
| 2004 | 32.5% | -1.3% |
| 2003 | 33.0% | +1.2% |
| 2002 | 32.6% | +0.5% |
| 2001 | 32.4% | +1.4% |
| 2000 | 32.0% |
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).