Bolivia: Taxes on goods and services

The latest value from 2007 is 49.31 percent, an increase from 33.12 percent in 2006. In comparison, the world average is 31.20 percent, based on data from 109 countries. Historically, the average for Bolivia from 1985 to 2007 is 43.48 percent. The minimum value, 30.35 percent, was reached in 1987 while the maximum of 60.13 percent was recorded in 1985. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.