Belgium: Taxes on goods and services

* indicates monthly or quarterly data series
 Belgium

Taxes on goods and services, percent of total revenue

 Latest value 27.01
 Year 2021
 Measure percent
 Data availability 1995 - 2021
 Average 25.53
 Min - Max 24.08 - 27.01
 Source The World Bank
For that indicator, we provide data for Belgium from 1995 to 2021. The average value for Belgium during that period was 25.53 percent with a minimum of 24.08 percent in 2014 and a maximum of 27.01 percent in 2021. The latest value from 2021 is 27.01 percent. For comparison, the world average in 2021 based on 104 countries is 33.72 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Belgium - Taxes on goods and services - Recent values chart

Historical chart
Belgium - Taxes on goods and services - historical chart - 1995-2021




Definition: 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.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 23.80 2022 percent
 Government spending, in dollars 138.84 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -3.90 2022 percent
 Government debt 105.10 2022 percent
 Government expenditure 33.51 Q3/2023 billion
 Long-term government bond yield 3.32 9/2023 percent
 Tax revenue 23.10 2021 percent
 Commercial tax rate 55.40 2019 percent
 Tax preparation time 136 2019 hours
 Number of taxes 11 2019 taxes
 Taxes on goods and services 27.01 2021 percent
 Taxes on international trade 0.00 2021 percent
 Income and profits taxes 33.61 2021 percent
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