Belgium: Taxes on goods and services

* indicates monthly or quarterly data series
 Belgium

Taxes on goods and services, percent of total revenue

 Latest value 36.98
 Year 2022
 Measure percent
 Data availability 1995 - 2022
 Average 37.47
 Min - Max 35.11 - 39.75
 Source The World Bank
The latest value from 2022 is 36.98 percent, a decline from 39.37 percent in 2021. In comparison, the world average is 37.61 percent, based on data from 95 countries. Historically, the average for Belgium from 1995 to 2022 is 37.47 percent. The minimum value, 35.11 percent, was reached in 2014 while the maximum of 39.75 percent was recorded in 2016. 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 data
Belgium - Taxes on goods and services - Recent values chart

Historical series
Belgium - Taxes on goods and services - historical chart - 1995-2022




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.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 24.24 2023 percent
 Government spending, in dollars 153.28 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -4.40 2023 percent
 Government debt 105.20 2023 percent
 Government expenditure 35.17 Q3/2024 billion
 Long-term interest rate 2.80 12/2024 percent
 Tax revenue 22.26 2022 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 36.98 2022 percent
 Income and profits taxes 52.84 2022 percent
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