China - Taxes on goods and services

Taxes on goods and services (current LCU)

The value for Taxes on goods and services (current LCU) in China was 4,961,410,000,000 as of 2018. As the graph below shows, over the past 13 years this indicator reached a maximum value of 4,961,410,000,000 in 2018 and a minimum value of 1,306,490,000,000 in 2006.

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
2005 1,455,980,000,000
2006 1,306,490,000,000
2007 1,738,220,000,000
2008 2,105,030,000,000
2009 2,443,670,000,000
2010 2,933,320,000,000
2011 3,407,200,000,000
2012 3,679,180,000,000
2013 3,766,690,000,000
2014 3,911,540,000,000
2015 3,902,290,000,000
2016 4,053,540,000,000
2017 4,750,870,000,000
2018 4,961,410,000,000

Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in China was 32.64 as of 2018. Its highest value over the past 13 years was 77.69 in 2005, while its lowest value was 32.64 in 2018.

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
2005 77.69
2006 56.79
2007 37.74
2008 56.86
2009 60.11
2010 63.37
2011 62.13
2012 61.33
2013 57.98
2014 38.42
2015 35.31
2016 34.75
2017 32.88
2018 32.64

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

Taxes on goods and services (% value added of industry and services) in China was 5.81 as of 2018. Its highest value over the past 13 years was 8.80 in 2005, while its lowest value was 5.81 in 2018.

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
2005 8.80
2006 6.66
2007 7.17
2008 7.34
2009 7.76
2010 7.85
2011 7.69
2012 7.52
2013 6.98
2014 6.65
2015 6.18
2016 5.91
2017 6.17
2018 5.81

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance