Palestine: Taxes on goods and services

* indicates monthly or quarterly data series

Taxes on goods and services, percent of total revenue

 Latest value 41.17
 Year 2021
 Measure percent
 Data availability 2005 - 2021
 Average 38.70
 Min - Max 21.01 - 46.01
 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 38.7 percent with a minimum of 21.01 percent in 2008 and a maximum of 46.01 percent in 2016. The latest value from 2021 is 41.17 percent. For comparison, the world average in 2021 based on 104 countries is 33.72 percent. 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 values chart
Palestine - Taxes on goods and services - Recent values chart

Historical chart
Palestine - Taxes on goods and services - historical chart - 2005-2021

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.

 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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