Guinea: Tax revenue
* indicates monthly or quarterly data series
| Guinea |
Tax revenue, percent of GDP |
|---|---|
| Latest value | 7.83 |
| Year | 1989 |
| Measure | percent |
| Data availability | 1989 - 1989 |
| Average | 7.83 |
| Min - Max | 7.83 - 7.83 |
| Source | The World Bank |
The latest value from 1989 is 7.83 percent, unavailable from percent in . In comparison, the world average is 14.10 percent, based on data from 15 countries. Historically, the average for Guinea from 1989 to 1989 is 7.83 percent. The minimum value, 7.83 percent, was reached in 1989 while the maximum of 7.83 percent was recorded in 1989.
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The value of that indicator for 1989 is 7.83 percent.
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Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 12.26 | 2023 | percent |
| Government spending, in dollars | 3.02 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -1.60 | 2023 | percent |
| Government debt | 40.75 | 2023 | percent |
| Tax revenue | 7.83 | 1989 | percent |
| Commercial tax rate | 69.30 | 2019 | percent |
| Tax preparation time | 400 | 2019 | hours |
| Number of taxes | 33 | 2019 | taxes |
| Foreign aid | 499.63 | 2022 | million U.S. dollars |