United Arab Emirates: Annual Tax Revenue (in Local Currency Units - AED)
Created at
2024-08-19 06:23
Category
The indicator "Tax revenue (current LCU)" refers to the total amount of revenue collected by the government from taxes, measured in the local currency units (LCU) of the country. This includes all types of taxes, such as income taxes, corporate taxes, value-added taxes (VAT), excise taxes, and customs duties, among others. Tax revenue is a key component of a country's overall revenue and is crucial for funding government operations, public services, infrastructure projects, and social programs. The chart shows the UAE's tax revenue over 11 years, from 2011 to 2021, providing insight into the country's tax revenue trends during this period, expressed in Emirati Dirhams (AED).