Palestine: Tax revenue

* indicates monthly or quarterly data series

Tax revenue, percent of GDP

 Latest value 21.47
 Year 2021
 Measure percent
 Data availability 2005 - 2021
 Average 8.36
 Min - Max 4.22 - 21.47
 Source The World Bank
For that indicator, we provide data for Palestine from 2005 to 2021. The average value for Palestine during that period was 8.36 percent with a minimum of 4.22 percent in 2006 and a maximum of 21.47 percent in 2021. The latest value from 2021 is 21.47 percent. For comparison, the world average in 2021 based on 105 countries is 17.48 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series

Recent values chart
Palestine - Tax revenue - Recent values chart

Historical chart
Palestine - Tax revenue - historical chart - 2005-2021

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.

 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 20.36 2022 percent
 Government spending, in dollars 3.89 2022 billion U.S. dollars
 Fiscal balance, percent of GDP 3.60 2022 percent
 Government debt 18.50 2022 percent
 Government expenditure 1.01 Q3/2023 billion
 Tax revenue 21.47 2021 percent
 Commercial tax rate 15.30 2019 percent
 Tax preparation time 174 2019 hours
 Number of taxes 28 2019 taxes
 Taxes on goods and services 41.17 2021 percent
 Taxes on international trade 37.60 2021 percent
 Income and profits taxes 4.96 2021 percent
 Foreign aid 2,158.26 2021 million U.S. dollars
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