Benin: Taxes on goods and services
* indicates monthly or quarterly data series
| Benin |
Taxes on goods and services, percent of total revenue |
|---|---|
| Latest value | 8.50 |
| Year | 1979 |
| Measure | percent |
| Data availability | 1977 - 1979 |
| Average | 9.52 |
| Min - Max | 8.50 - 10.44 |
| Source | The World Bank |
The latest value from 1979 is 8.5 percent, a decline from 10.44 percent in 1978. In comparison, the world average is 19.67 percent, based on data from 12 countries. Historically, the average for Benin from 1977 to 1979 is 9.52 percent. The minimum value, 8.5 percent, was reached in 1979 while the maximum of 10.44 percent was recorded in 1978.
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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 | 9.50 | 2023 | percent |
| Government spending, in dollars | 1.87 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -4.40 | 2023 | percent |
| Government debt | 54.54 | 2023 | percent |
| Tax revenue | 10.79 | 1979 | percent |
| Commercial tax rate | 48.90 | 2019 | percent |
| Tax preparation time | 270 | 2019 | hours |
| Number of taxes | 54 | 2019 | taxes |
| Taxes on goods and services | 8.50 | 1979 | percent |
| Taxes on international trade | 41.22 | 1979 | percent |
| Income and profits taxes | 9.57 | 1979 | percent |
| Foreign aid | 844.37 | 2022 | million U.S. dollars |