Australia - Taxes on goods and services

Taxes on goods and services (current LCU)

The value for Taxes on goods and services (current LCU) in Australia was 99,963,000,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 99,963,000,000 in 2019 and a minimum value of 1,990,000,000 in 1972.

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.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1972 1,990,000,000
1973 2,144,000,000
1974 2,657,000,000
1975 2,998,000,000
1976 3,889,000,000
1977 4,286,000,000
1978 4,700,000,000
1979 5,870,000,000
1980 7,143,000,000
1981 8,297,000,000
1982 9,223,999,000
1983 10,848,000,000
1984 12,745,000,000
1985 14,500,000,000
1986 15,905,000,000
1987 17,029,000,000
1988 18,928,000,000
1989 19,838,000,000
1990 21,180,000,000
1991 21,345,000,000
1992 19,489,000,000
1993 19,699,000,000
1994 22,170,000,000
1995 24,648,000,000
1996 26,882,000,000
1997 27,613,000,000
1998 28,752,000,000
1999 30,132,000,000
2000 30,736,000,000
2001 46,516,000,000
2002 50,037,000,000
2003 55,207,000,000
2004 58,176,000,000
2005 60,523,000,000
2006 63,722,000,000
2007 66,728,000,000
2008 70,880,000,000
2009 70,121,000,000
2010 74,182,000,000
2011 77,407,000,000
2012 78,152,000,000
2013 86,713,000,000
2014 91,660,000,000
2015 84,991,000,000
2016 89,412,000,000
2017 92,606,000,000
2018 98,018,000,000
2019 99,963,000,000

Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Australia was 19.45 as of 2019. Its highest value over the past 47 years was 25.82 in 2003, while its lowest value was 17.91 in 2000.

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.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1972 21.90
1973 22.12
1974 21.68
1975 19.06
1976 20.67
1977 19.40
1978 19.41
1979 22.25
1980 23.37
1981 23.03
1982 22.04
1983 23.65
1984 25.30
1985 24.54
1986 23.97
1987 22.73
1988 22.76
1989 21.79
1990 21.42
1991 21.23
1992 20.28
1993 20.15
1994 21.39
1995 21.58
1996 21.49
1997 20.52
1998 20.24
1999 19.29
2000 17.91
2001 24.28
2002 25.43
2003 25.82
2004 25.32
2005 24.18
2006 23.63
2007 23.19
2008 22.56
2009 22.66
2010 24.36
2011 23.97
2012 22.18
2013 23.02
2014 23.49
2015 21.32
2016 21.66
2017 21.11
2018 20.44
2019 19.45

Taxes on goods and services (% value added of industry and services)

Taxes on goods and services (% value added of industry and services) in Australia was 5.62 as of 2019. Its highest value over the past 29 years was 7.79 in 2003, while its lowest value was 4.96 in 1993.

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.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD value added estimates.

See also:

Year Value
1990 5.93
1991 5.78
1992 5.19
1993 4.96
1994 5.32
1995 5.60
1996 5.75
1997 5.60
1998 5.49
1999 5.45
2000 5.22
2001 7.50
2002 7.56
2003 7.79
2004 7.64
2005 7.35
2006 7.14
2007 6.82
2008 6.68
2009 6.10
2010 6.26
2011 5.99
2012 5.69
2013 6.17
2014 6.28
2015 5.76
2016 5.96
2017 5.82
2018 5.86
2019 5.62

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance