Egypt: Taxes on goods and services
* indicates monthly or quarterly data series
Egypt |
Taxes on goods and services, percent of total revenue |
---|---|
Latest value | 26.11 |
Year | 2015 |
Measure | percent |
Data availability | 1975 - 2015 |
Average | 16.54 |
Min - Max | 9.07 - 27.61 |
Source | The World Bank |
The latest value from 2015 is 26.11 percent, an increase from 20.55 percent in 2014. In comparison, the world average is 32.80 percent, based on data from 137 countries. Historically, the average for Egypt from 1975 to 2015 is 16.54 percent. The minimum value, 9.07 percent, was reached in 1981 while the maximum of 27.61 percent was recorded in 2011.
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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 | 7.27 | 2022 | percent |
Government spending, in dollars | 26.88 | 2023 | billion U.S. dollars |
Fiscal balance, percent of GDP | -7.00 | 2023 | percent |
Government debt | 95.91 | 2023 | percent |
Government expenditure | 203.23 | Q3/2023 | billion |
Tax revenue | 12.52 | 2015 | percent |
Commercial tax rate | 44.40 | 2019 | percent |
Tax preparation time | 370 | 2019 | hours |
Number of taxes | 27 | 2019 | taxes |
Taxes on goods and services | 26.11 | 2015 | percent |
Taxes on international trade | 4.06 | 2015 | percent |
Income and profits taxes | 24.11 | 2015 | percent |
Foreign aid | 8,240.03 | 2021 | million U.S. dollars |