Tanzania: Tax revenue
* indicates monthly or quarterly data series
Tanzania |
Tax revenue, percent of GDP |
---|---|
Latest value | 11.47 |
Year | 2023 |
Measure | percent |
Data availability | 2009 - 2023 |
Average | 11.07 |
Min - Max | 9.79 - 11.84 |
Source | The World Bank |
The latest value from 2023 is 11.47 percent, a decline from 11.79 percent in 2022. In comparison, the world average is 11.47 percent, based on data from 1 countries. Historically, the average for Tanzania from 2009 to 2023 is 11.07 percent. The minimum value, 9.79 percent, was reached in 2011 while the maximum of 11.84 percent was recorded in 2017.
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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.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Government spending, percent of GDP | 8.15 | 2023 | percent |
Government spending, in dollars | 6.45 | 2023 | billion U.S. dollars |
Fiscal balance, percent of GDP | -3.50 | 2023 | percent |
Government debt | 46.87 | 2023 | percent |
Tax revenue | 11.47 | 2023 | percent |
Commercial tax rate | 43.80 | 2019 | percent |
Tax preparation time | 207 | 2019 | hours |
Number of taxes | 59 | 2019 | taxes |
Taxes on goods and services | 34.85 | 2022 | percent |
Taxes on international trade | 15.56 | 2022 | percent |
Income and profits taxes | 30.02 | 2022 | percent |
Foreign aid | 2,661.90 | 2022 | million U.S. dollars |