Iraq - Tax revenue
Tax revenue (current LCU)
The value for Tax revenue (current LCU) in Iraq was 3,713,200,000,000 as of 2019. As the graph below shows, over the past 5 years this indicator reached a maximum value of 5,956,220,000,000 in 2017 and a minimum value of 2,436,340,000,000 in 2014.
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.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
| Year | Value |
|---|---|
| 2014 | 2,436,340,000,000 |
| 2015 | 2,572,120,000,000 |
| 2016 | 4,091,700,000,000 |
| 2017 | 5,956,220,000,000 |
| 2018 | 5,335,370,000,000 |
| 2019 | 3,713,200,000,000 |
Tax revenue (% of GDP)
Tax revenue (% of GDP) in Iraq was 1.34 as of 2019. Its highest value over the past 5 years was 2.69 in 2017, while its lowest value was 0.91 in 2014.
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.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.
See also:
| Year | Value |
|---|---|
| 2014 | 0.91 |
| 2015 | 1.32 |
| 2016 | 2.08 |
| 2017 | 2.69 |
| 2018 | 1.98 |
| 2019 | 1.34 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
