Zimbabwe - Taxes on goods and services

Taxes on goods and services (current LCU)

The value for Taxes on goods and services (current LCU) in Zimbabwe was 2,329,980,000 as of 2018. As the graph below shows, over the past 9 years this indicator reached a maximum value of 2,329,980,000 in 2018 and a minimum value of 288,277,200 in 2009.

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
2009 288,277,200
2010 676,763,900
2011 977,896,000
2012 1,250,120,000
2015 1,778,423,000
2016 1,652,937,000
2017 1,795,066,000
2018 2,329,980,000

Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Zimbabwe was 41.23 as of 2018. Its highest value over the past 9 years was 47.06 in 2017, while its lowest value was 28.96 in 2010.

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
2009 30.52
2010 28.96
2011 33.54
2012 35.81
2015 46.88
2016 46.78
2017 47.06
2018 41.23

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

Taxes on goods and services (% value added of industry and services) in Zimbabwe was 7.77 as of 2018. Its highest value over the past 9 years was 11.00 in 2015, while its lowest value was 3.91 in 2009.

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
2009 3.91
2010 7.16
2011 8.71
2012 9.08
2015 11.00
2016 9.75
2017 9.93
2018 7.77

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance