Portugal: Taxes on goods and services

* indicates monthly or quarterly data series
 Portugal

Taxes on goods and services, percent of total revenue

 Latest value 30.92
 Year 2023
 Measure percent
 Data availability 1975 - 2023
 Average 32.55
 Min - Max 28.11 - 40.27
 Source The World Bank
The latest value from 2023 is 30.92 percent, a decline from 31.79 percent in 2022. In comparison, the world average is 32.78 percent, based on data from 88 countries. Historically, the average for Portugal from 1975 to 2023 is 32.55 percent. The minimum value, 28.11 percent, was reached in 1975 while the maximum of 40.27 percent was recorded in 1986. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


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

Historical series
Portugal - Taxes on goods and services - historical chart - 1975-2023




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 16.84 2023 percent
 Government spending, in dollars 48.79 2023 billion U.S. dollars
 Fiscal balance, percent of GDP 0.70 2024 percent
 Primary budget balance 2.60 2024 percent
 Government expenditure 14.94 Q4/2025 billion
 Long-term interest rate 3.13 2/2026 percent
 Tax revenue 22.82 2023 percent
 Commercial tax rate 39.80 2019 percent
 Tax preparation time 243 2019 hours
 Taxes on goods and services 30.92 2023 percent
 Taxes on international trade 0.00 2002 percent
 Income and profits taxes 25.40 2023 percent
 Government debt 94.93 2024 percent
 Government debt in foreign currency, percent 0.00 2024 percent
 Government debt held by non-residents 41.87 2024 percent
 Sovereign debt average maturity 7.75 2024 percent
 Short-term government debt 8.44 2024 percent
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