Belgium - Taxes on goods and services

Taxes on goods and services (current LCU)

The value for Taxes on goods and services (current LCU) in Belgium was 48,514,900,000 as of 2019. As the graph below shows, over the past 24 years this indicator reached a maximum value of 48,514,900,000 in 2019 and a minimum value of 22,240,700,000 in 1995.

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
1995 22,240,700,000
1996 23,569,900,000
1997 24,950,500,000
1998 25,830,000,000
1999 27,821,200,000
2000 29,187,000,000
2001 28,825,800,000
2002 27,505,000,000
2003 28,103,900,000
2004 30,307,300,000
2005 31,743,900,000
2006 33,226,400,000
2007 34,746,600,000
2008 35,193,500,000
2009 34,745,900,000
2010 37,261,900,000
2011 38,381,900,000
2012 40,884,700,000
2013 40,994,500,000
2014 41,445,400,000
2015 41,974,800,000
2016 43,855,200,000
2017 45,139,500,000
2018 47,331,200,000
2019 48,514,900,000

Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Belgium was 26.86 as of 2019. Its highest value over the past 24 years was 26.89 in 1999, while its lowest value was 24.08 in 2014.

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
1995 25.44
1996 26.13
1997 26.20
1998 25.86
1999 26.89
2000 26.74
2001 25.62
2002 24.23
2003 24.59
2004 25.14
2005 25.26
2006 25.35
2007 25.41
2008 24.44
2009 25.12
2010 25.38
2011 24.73
2012 24.97
2013 24.30
2014 24.08
2015 24.85
2016 26.53
2017 26.08
2018 25.95
2019 26.86

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

Taxes on goods and services (% value added of industry and services) in Belgium was 11.45 as of 2019. Its highest value over the past 24 years was 13.03 in 1999, while its lowest value was 11.29 in 2003.

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
1995 11.89
1996 12.45
1997 12.63
1998 12.59
1999 13.03
2000 12.94
2001 12.33
2002 11.38
2003 11.29
2004 11.58
2005 11.58
2006 11.57
2007 11.45
2008 11.30
2009 11.31
2010 11.59
2011 11.50
2012 11.95
2013 11.77
2014 11.58
2015 11.33
2016 11.50
2017 11.45
2018 11.62
2019 11.45

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance