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 88,000,000 as of 2010. As the graph below shows, over the past 20 years this indicator reached a maximum value of 94,000,000 in 2009 and a minimum value of 1,000,000 in 1990.

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
1990 1,000,000
1992 1,000,000
1993 1,000,000
1994 1,000,000
1995 1,000,000
1997 1,000,000
1998 1,000,000
2009 94,000,000
2010 88,000,000

Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Kuwait was 0.41 as of 2010. Its highest value over the past 20 years was 0.54 in 2009, while its lowest value was 0.02 in 1997.

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
1990 0.03
1992 0.17
1993 0.04
1994 0.04
1995 0.03
1997 0.02
1998 0.03
2009 0.54
2010 0.41

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

Taxes on goods and services (% value added of industry and services) in Kuwait was 0.01 as of 1998. Its highest value over the past 8 years was 0.02 in 1990, while its lowest value was 0.01 in 1997.

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
1990 0.02
1992 0.02
1993 0.01
1994 0.01
1995 0.01
1997 0.01
1998 0.01

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance