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
17.29941033 1972
17.30413294 1973
15.78347168 1974
15.4868398 1975
16.32598121 1976
17.95322623 1977
19.15977472 1978
20.09158718 1979
19.52482519 1980
19.2867472 1981
18.446559 1982
18.79336254 1983
19.18005143 1984
19.38005115 1985
21.29520443 1986
20.45138689 1987
20.28712123 1988
19.17234603 1989
18.54012326 1990
17.65900653 1991
17.61443268 1992
17.65248882 1993
18.35906231 1994
17.71481457 1995
18.3002326 1996
18.39015981 1997
19.3850513 1998
19.31633666 1999
18.20514497 2000
18.22004178 2001
18.3862848 2002
18.09989128 2003
18.38073418 2004
18.76687724 2005
18.671837 2006
19.10526936 2007
17.57961189 2008
17.3588744 2009
17.16054127 2010
17.23194995 2011
17.35651014 2012
17.0209209 2013
16.6472366 2014
16.55502278 2015
16.58215335 2016
16.39564839 2017
16.49536929 2018
15.95619095 2019
16.3375916 2020
15.33702669 2021
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