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 76,786,000,000 as of 2011. As the graph below shows, over the past 12 years this indicator reached a maximum value of 76,786,000,000 in 2011 and a minimum value of 30,127,000,000 in 1999.

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
1999 30,127,000,000
2000 30,726,000,000
2001 45,955,000,000
2002 49,391,000,000
2003 54,555,000,000
2004 57,837,000,000
2005 60,290,000,000
2006 63,641,000,000
2007 66,587,000,000
2008 70,617,000,000
2009 69,951,000,000
2010 73,874,000,000
2011 76,786,000,000

Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Australia was 23.85 as of 2011. Its highest value over the past 12 years was 25.52 in 2003, while its lowest value was 17.90 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
1999 19.29
2000 17.90
2001 24.07
2002 25.16
2003 25.52
2004 25.20
2005 24.10
2006 23.61
2007 23.16
2008 22.51
2009 22.64
2010 24.32
2011 23.85

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 6.31 as of 2010. Its highest value over the past 11 years was 7.93 in 2003, while its lowest value was 5.37 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, and World Bank and OECD value added estimates.

See also:

Year Value
1999 5.59
2000 5.37
2001 7.62
2002 7.69
2003 7.93
2004 7.82
2005 7.58
2006 7.40
2007 6.77
2008 6.61
2009 6.11
2010 6.31

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance