Luxembourg | Taxes on goods and services (current LCU)
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
Grand Duchy of Luxembourg
Records
63
Source
Luxembourg | Taxes on goods and services (current LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
131086095.90009 1972
155974605.78732 1973
166857131.52487 1974
205726836.20931 1975
225533528.83869 1976
237928205.07735 1977
260238622.30695 1978
276773120.40932 1979
339192709.94722 1980
379053988.73076 1981
437110652.23265 1982
543605710.47524 1983
612792793.23945 1984
591201267.2317 1985
692416193.39661 1986
745291882.23074 1987
815594485.85643 1988
891945691.48659 1989
913314113.32204 1990
1039888547.0713 1991
1244574230.4765 1992
1390558727.2155 1993
1483295694.8331 1994
1736099000 1995
1814930000 1996
2037569000 1997
2229912000 1998
2592023000 1999
3013314000 2000
2995480000 2001
3048723000 2002
3198980000 2003
3642205000 2004
3984794000 2005
4207896000 2006
4794988000 2007
4692779000 2008
4585415000 2009
4929055000 2010
5278411000 2011
5642818000 2012
5955270000 2013
6497660000 2014
5710324000 2015
5987354000 2016
6419580000 2017
6801132000 2018
7007172000 2019
6958370000 2020
8346364000 2021
2022
Luxembourg | Taxes on goods and services (current LCU)
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
Grand Duchy of Luxembourg
Records
63
Source