Kuwait - Taxes on goods and services

Taxes on goods and services (current LCU)

The value for Taxes on goods and services (current LCU) in Kuwait was 1,000,000.00 as of 1998. As the graph below shows, over the past 26 years this indicator reached a maximum value of 300,000,000.00 in 1974 and a minimum value of 0.00 in 1991.

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 121,000,000.00
1973 133,000,000.00
1974 300,000,000.00
1977 37,000,000.00
1978 21,000,000.00
1979 23,000,000.00
1980 22,000,000.00
1981 38,000,000.00
1982 36,000,000.00
1983 25,000,000.00
1984 46,000,000.00
1985 29,000,000.00
1986 20,000,000.00
1987 2,000,000.00
1988 2,000,000.00
1989 3,000,000.00
1990 1,000,000.00
1991 0.00
1992 1,000,000.00
1993 1,000,000.00
1994 1,000,000.00
1995 1,000,000.00
1996 0.00
1997 1,000,000.00
1998 1,000,000.00

Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Kuwait was 0.03 as of 1998. Its highest value over the past 26 years was 19.90 in 1972, while its lowest value was 0.00 in 1991.

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 19.90
1973 19.16
1974 11.01
1977 1.24
1978 0.69
1979 0.63
1980 0.32
1981 0.60
1982 0.84
1983 0.60
1984 1.06
1985 0.76
1986 0.42
1990 0.03
1991 0.00
1992 0.17
1993 0.04
1994 0.04
1995 0.03
1996 0.00
1997 0.02
1998 0.03

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance