South Africa: Taxes on goods and services

* indicates monthly or quarterly data series
 South Africa

Taxes on goods and services, percent of total revenue

 Latest value 32.09
 Year 2024
 Measure percent
 Data availability 1972 - 2024
 Average 31.78
 Min - Max 17.83 - 38.43
 Source The World Bank
 Available for Data download
The latest value from 2024 is 32.09 percent, a decline from 32.25 percent in 2023. In comparison, the world average is 31.34 percent, based on data from 89 countries. Historically, the average for South Africa from 1972 to 2024 is 31.78 percent. The minimum value, 17.83 percent, was reached in 1974 while the maximum of 38.43 percent was recorded in 1994. 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
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 Recent values South Africa: Taxes on goods and services
 2024 32.09
 2023 32.25
 2022 32.27
 2021 33.01
 2020 33.22
 2019 33.78
 2018 34.17
 2017 32.44




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.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 18.89 2025 percent
 Government spending, in dollars 80.70 2025 billion U.S. dollars
 Fiscal balance, percent of GDP -5.79 2024 percent
 Primary budget balance -0.61 2024 percent
 Government expenditure 376.72 Q1/2026 billion
 Long-term interest rate 8.70 6/2026 percent
 Tax revenue 25.88 2024 percent
 Taxes on goods and services 32.09 2024 percent
 Taxes on international trade 3.60 2024 percent
 Income and profits taxes 50.84 2024 percent
 Foreign aid 1,506.95 2023 million U.S. dollars
 Government debt 75.96 2024 percent
 Government debt in foreign currency, percent 9.33 2024 percent
 Government debt held by non-residents 25.16 2024 percent
 Sovereign debt average maturity 10.72 2024 percent
 Short-term government debt 9.37 2024 percent
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