India: Taxes on goods and services

The latest value from 2022 is 32.6 percent, a decline from 40.87 percent in 2018. In comparison, the world average is 31.65 percent, based on data from 116 countries. Historically, the average for India from 1974 to 2022 is 33.1 percent. The minimum value, 21.68 percent, was reached in 2010 while the maximum of 44.07 percent was recorded in 1974. 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.