Denmark | Taxes on goods and services (% value added of industry and services)

Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Kingdom of Denmark
Records
63
Source
Denmark | Taxes on goods and services (% value added of industry and services)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 17.29941033
1973 17.30413294
1974 15.78347168
1975 15.4868398
1976 16.32598121
1977 17.95322623
1978 19.15977472
1979 20.09158718
1980 19.52482519
1981 19.2867472
1982 18.446559
1983 18.79336254
1984 19.18005143
1985 19.38005115
1986 21.29520443
1987 20.45138689
1988 20.28712123
1989 19.17234603
1990 18.54012326
1991 17.65900653
1992 17.61443268
1993 17.65248882
1994 18.35906231
1995 17.71481457
1996 18.3002326
1997 18.39015981
1998 19.3850513
1999 19.31633666
2000 18.20514497
2001 18.22004178
2002 18.3862848
2003 18.09989128
2004 18.38073418
2005 18.76687724
2006 18.671837
2007 19.10526936
2008 17.57961189
2009 17.3588744
2010 17.16054127
2011 17.23194995
2012 17.35651014
2013 17.0209209
2014 16.6472366
2015 16.55502278
2016 16.58215335
2017 16.39564839
2018 16.49536929
2019 15.95619095
2020 16.3375916
2021 15.33702669
2022

Denmark | Taxes on goods and services (% value added of industry and services)

Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Kingdom of Denmark
Records
63
Source