Austria - Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Austria was 26.54 as of 2019. Its highest value over the past 47 years was 29.76 in 1973, while its lowest value was 23.97 in 1993.

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 28.20
1973 29.76
1974 28.33
1975 27.26
1976 28.05
1977 27.24
1978 25.91
1979 26.07
1980 25.48
1981 25.37
1982 25.47
1983 26.24
1984 27.11
1985 26.92
1986 26.73
1987 26.86
1988 25.91
1989 26.13
1990 25.53
1991 24.83
1992 24.55
1993 23.97
1994 25.24
1995 27.06
1996 27.45
1997 27.86
1998 27.84
1999 28.03
2000 28.00
2001 27.18
2002 28.09
2003 28.01
2004 28.03
2005 27.67
2006 27.12
2007 26.77
2008 26.41
2009 27.02
2010 27.21
2011 27.34
2012 27.36
2013 26.73
2014 26.59
2015 26.35
2016 26.98
2017 27.16
2018 26.69
2019 26.54

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance