Guinea-Bissau: Taxes on goods and services

The latest value from 2019 is 23.41 percent, a decline from 23.73 percent in 2017. In comparison, the world average is 37.71 percent, based on data from 135 countries. Historically, the average for Guinea-Bissau from 2017 to 2019 is 23.57 percent. The minimum value, 23.41 percent, was reached in 2019 while the maximum of 23.73 percent was recorded in 2017. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

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.