Togo: Tax revenue
* indicates monthly or quarterly data series
| Togo |
Tax revenue, percent of GDP |
|---|---|
| Latest value | 13.58 |
| Year | 2019 |
| Measure | percent |
| Data availability | 2004 - 2019 |
| Average | 12.32 |
| Min - Max | 10.32 - 13.89 |
| Source | The World Bank |
The latest value from 2019 is 13.58 percent, an increase from 12.86 percent in 2018. In comparison, the world average is 17.05 percent, based on data from 128 countries. Historically, the average for Togo from 2004 to 2019 is 12.32 percent. The minimum value, 10.32 percent, was reached in 2009 while the maximum of 13.89 percent was recorded in 2006.
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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 | 13.37 | 2022 | percent |
| Government spending, in dollars | 1.15 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -8.50 | 2022 | percent |
| Government debt | 66.52 | 2022 | percent |
| Tax revenue | 13.58 | 2019 | percent |
| Commercial tax rate | 48.20 | 2019 | percent |
| Tax preparation time | 159 | 2019 | hours |
| Number of taxes | 49 | 2019 | taxes |
| Taxes on goods and services | 40.89 | 2019 | percent |
| Taxes on international trade | 15.94 | 2019 | percent |
| Income and profits taxes | 15.97 | 2019 | percent |
| Foreign aid | 339.35 | 2021 | million U.S. dollars |