Gabon: Taxes on goods and services
* indicates monthly or quarterly data series
| Gabon |
Taxes on goods and services, percent of total revenue |
|---|---|
| Latest value | 10.62 |
| Year | 2019 |
| Measure | percent |
| Data availability | 2012 - 2019 |
| Average | 11.73 |
| Min - Max | 7.46 - 15.86 |
| Source | The World Bank |
The latest value from 2019 is 10.62 percent, an increase from 10.2 percent in 2018. In comparison, the world average is 32.73 percent, based on data from 127 countries. Historically, the average for Gabon from 2012 to 2019 is 11.73 percent. The minimum value, 7.46 percent, was reached in 2012 while the maximum of 15.86 percent was recorded in 2016.
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* indicates monthly or quarterly data series
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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 | 10.48 | 2022 | percent |
| Government spending, in dollars | 2.39 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -0.10 | 2023 | percent |
| Government debt | 63.65 | 2022 | percent |
| Tax revenue | 11.48 | 2019 | percent |
| Commercial tax rate | 47.10 | 2019 | percent |
| Tax preparation time | 632 | 2019 | hours |
| Number of taxes | 50 | 2019 | taxes |
| Taxes on goods and services | 10.62 | 2019 | percent |
| Taxes on international trade | 14.88 | 2019 | percent |
| Income and profits taxes | 29.40 | 2019 | percent |
| Foreign aid | 97.06 | 2021 | million U.S. dollars |