China: Taxes on goods and services

* indicates monthly or quarterly data series
 China

Taxes on goods and services, percent of total revenue

 Latest value 31.22
 Year 2023
 Measure percent
 Data availability 2005 - 2023
 Average 45.74
 Min - Max 29.28 - 77.69
 Source The World Bank
The latest value from 2023 is 31.22 percent, an increase from 29.28 percent in 2022. In comparison, the world average is 32.78 percent, based on data from 88 countries. Historically, the average for China from 2005 to 2023 is 45.74 percent. The minimum value, 29.28 percent, was reached in 2022 while the maximum of 77.69 percent was recorded in 2005. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
China - Taxes on goods and services - Recent values chart

Historical series
China - Taxes on goods and services - historical chart - 2005-2023




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 17.19 2023 percent
 Government spending, in dollars 3,140.52 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -7.34 2024 percent
 Primary budget balance -6.39 2024 percent
 Long-term interest rate 1.84 8/2025 percent
 Tax revenue 7.64 2023 percent
 Commercial tax rate 59.20 2019 percent
 Tax preparation time 138 2019 hours
 Taxes on goods and services 31.22 2023 percent
 Taxes on international trade 1.36 2023 percent
 Income and profits taxes 18.09 2023 percent
 Foreign aid -267.16 2023 million U.S. dollars
 Government debt 88.32 2024 percent
 Government debt held by non-residents 2.63 2024 percent
 Sovereign debt average maturity 6.16 2024 percent
 Short-term government debt 7.40 2024 percent
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