Kuwait: Taxes on goods and services

* indicates monthly or quarterly data series
 Kuwait

Taxes on goods and services, percent of total revenue

 Latest value 1.19
 Year 2015
 Measure percent
 Data availability 1972 - 2015
 Average 2.27
 Min - Max 0.02 - 19.90
 Source The World Bank
The latest value from 2015 is 1.19 percent, an increase from 0.49 percent in 2014. In comparison, the world average is 37.62 percent, based on data from 142 countries. Historically, the average for Kuwait from 1972 to 2015 is 2.27 percent. The minimum value, 0.02 percent, was reached in 1997 while the maximum of 19.9 percent was recorded in 1972. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Kuwait - Taxes on goods and services - Recent values chart

Historical series
Kuwait - Taxes on goods and services - historical chart - 1972-2015




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 24.77 2019 percent
 Government spending, in dollars 38.08 2022 billion U.S. dollars
 Fiscal balance, percent of GDP 29.92 2023 percent
 Government debt 3.17 2023 percent
 Tax revenue 1.38 2015 percent
 Commercial tax rate 13.00 2019 percent
 Tax preparation time 98 2019 hours
 Number of taxes 12 2019 taxes
 Taxes on goods and services 1.19 2015 percent
 Taxes on international trade 2.39 2015 percent
 Income and profits taxes 0.59 2008 percent
 Foreign aid 3.69 2004 million U.S. dollars
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