Kuwait: Taxes on goods and services

The latest value from 1998 is 0.03 percent, an increase from 0.02 percent in 1997. In comparison, the world average is 31.81 percent, based on data from 91 countries. Historically, the average for Kuwait from 1972 to 1998 is 2.88 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 or world map for that indicator or use the country comparator to compare trends over time.

Definition: General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.