
Togo: Taxes on goods and services
* indicates monthly or quarterly data series
| Togo |
Taxes on goods and services, percent of total revenue |
|---|---|
| Latest value | 41.43 |
| Year | 2023 |
| Measure | percent |
| Data availability | 2004 - 2023 |
| Average | 42.79 |
| Min - Max | 34.27 - 48.31 |
| Source | The World Bank |
| Available for | Data download |
The latest value from 2023 is 41.43 percent, a decline from 46.01 percent in 2022. In comparison, the world average is 31.77 percent, based on data from 110 countries. Historically, the average for Togo from 2004 to 2023 is 42.79 percent. The minimum value, 34.27 percent, was reached in 2009 while the maximum of 48.31 percent was recorded in 2005.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
| Recent values | Togo: Taxes on goods and services |
|---|---|
| 2023 | 41.43 |
| 2022 | 46.01 |
| 2021 | 47.99 |
| 2020 | 45.32 |
| 2019 | 40.89 |
| 2018 | 39.88 |
| 2017 | 47.08 |
| 2016 | 43.31 |
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.
Other resources:
Download data from our database
All indicators for Togo
All indicators on the website
Article: Are trade deficits bad for the economy?
Article: Sources of economic growth
Article: Currency values and investment returns
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 13.34 | 2023 | percent |
| Government spending, in dollars | 1.30 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -7.43 | 2024 | percent |
| Primary budget balance | -4.47 | 2024 | percent |
| Tax revenue | 13.92 | 2023 | percent |
| Taxes on goods and services | 41.43 | 2023 | percent |
| Taxes on international trade | 15.32 | 2023 | percent |
| Income and profits taxes | 18.01 | 2023 | percent |
| Foreign aid | 615.51 | 2023 | million U.S. dollars |
| Government debt | 72.08 | 2024 | percent |
| Short-term government debt | 3.36 | 2024 | percent |