Namibia: Taxes on goods and services

* indicates monthly or quarterly data series
 Namibia

Taxes on goods and services, percent of total revenue

 Latest value 24.30
 Year 2023
 Measure percent
 Data availability 1990 - 2023
 Average 22.73
 Min - Max 17.92 - 27.68
 Source The World Bank
The latest value from 2023 is 24.3 percent, a decline from 25.03 percent in 2022. In comparison, the world average is 32.78 percent, based on data from 88 countries. Historically, the average for Namibia from 1990 to 2023 is 22.73 percent. The minimum value, 17.92 percent, was reached in 2020 while the maximum of 27.68 percent was recorded in 2011. See the global rankings or world map 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
Namibia - Taxes on goods and services - Recent values chart

Historical series
Namibia - Taxes on goods and services - historical chart - 1990-2023




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 21.48 2024 percent
 Government spending, in dollars 2.87 2024 billion U.S. dollars
 Fiscal balance, percent of GDP -3.59 2024 percent
 Primary budget balance 1.57 2024 percent
 Tax revenue 32.96 2023 percent
 Commercial tax rate 20.70 2019 percent
 Tax preparation time 302 2019 hours
 Taxes on goods and services 24.30 2023 percent
 Taxes on international trade 30.58 2023 percent
 Income and profits taxes 37.23 2023 percent
 Foreign aid 271.63 2023 million U.S. dollars
 Government debt 67.70 2024 percent
 Short-term government debt 23.84 2024 percent
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