Euro area | Taxes on goods and services (% of revenue)
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
Euro area
Records
63
Source
Euro area | Taxes on goods and services (% of revenue)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
33.72921615 1973
31.69456067 1974
29.13793758 1975
29.6446789 1976
29.59840339 1977
28.27383708 1978
28.20583524 1979
28.20574591 1980
27.49431955 1981
27.78747711 1982
28.16140301 1983
28.26353256 1984
28.35071808 1985
29.06390872 1986
28.26988216 1987
29.90348923 1988
29.59402904 1989
28.3999177 1990
26.94517194 1991
26.7915788 1992
27.5616812 1993
32.12835093 1994
30.44912529 1995
30.88052955 1996
30.10763991 1997
29.49324158 1998
29.94636535 1999
29.76606724 2000
30.55711726 2001
32.2112237 2002
32.57948642 2003
32.34033106 2004
32.66404799 2005
32.16889822 2006
32.68408117 2007
31.36669964 2008
29.99970143 2009
31.53161528 2010
30.96345343 2011
29.98720022 2012
29.23198692 2013
30.41915192 2014
31.12175393 2015
31.30549759 2016
31.83692941 2017
31.46913603 2018
31.65679347 2019
31.11948039 2020
30.59808205 2021
2022
Euro area | Taxes on goods and services (% of revenue)
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
Euro area
Records
63
Source