European Union | 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
European Union
Records
63
Source
European Union | Taxes on goods and services (% of revenue)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973 33.7836863
1974 32.51184129
1975 30.16720222
1976 29.46204226
1977 28.89377647
1978 29.19495635
1979 30.18550759
1980 29.64390897
1981 29.71139434
1982 29.59520478
1983 29.83726133
1984 29.41368788
1985 29.78175205
1986 29.57304013
1987 29.65039628
1988 30.24296244
1989 29.72694822
1990 30.96597841
1991 25.60816327
1992 27.40356937
1993 28.38709677
1994 32.05093859
1995 29.8466823
1996 31.55448112
1997 31.02824866
1998 31.46471807
1999 32.52749594
2000 31.94209315
2001 32.38922656
2002 32.55312055
2003 33.03932855
2004 33.91397361
2005 35.10967018
2006 34.58187092
2007 33.83133631
2008 33.25308012
2009 33.26501893
2010 33.85214623
2011 34.03206833
2012 33.64612076
2013 33.52712958
2014 32.90340969
2015 33.66528969
2016 34.14911061
2017 33.82787229
2018 33.31368411
2019 33.56146815
2020 31.70601965
2021 32.19495334
2022

European Union | 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
European Union
Records
63
Source