Canada - Taxes on goods and services

Taxes on goods and services (current LCU)

The value for Taxes on goods and services (current LCU) in Canada was 58,407,000,000 as of 2019. As the graph below shows, over the past 24 years this indicator reached a maximum value of 58,407,000,000 in 2019 and a minimum value of 28,373,000,000 in 1995.

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
1995 28,373,000,000
1996 29,721,000,000
1997 32,223,000,000
1998 32,750,000,000
1999 33,934,000,000
2000 35,874,000,000
2001 36,886,000,000
2002 40,122,000,000
2003 42,169,000,000
2004 43,701,000,000
2005 45,281,000,000
2006 44,772,000,000
2007 44,268,000,000
2008 39,730,000,000
2009 40,809,000,000
2010 43,103,000,000
2011 43,547,000,000
2012 43,800,000,000
2013 45,041,000,000
2014 47,416,000,000
2015 49,051,000,000
2016 50,428,000,000
2017 53,913,000,000
2018 56,057,000,000
2019 58,407,000,000

Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Canada was 13.42 as of 2019. Its highest value over the past 24 years was 17.57 in 2003, while its lowest value was 13.42 in 2019.

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
1995 17.51
1996 17.46
1997 17.19
1998 16.79
1999 16.29
2000 15.50
2001 15.93
2002 17.33
2003 17.57
2004 17.44
2005 17.12
2006 16.09
2007 14.96
2008 13.56
2009 14.67
2010 15.27
2011 14.46
2012 14.05
2013 13.92
2014 13.96
2015 13.77
2016 13.90
2017 13.95
2018 13.50
2019 13.42

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

Taxes on goods and services (% value added of industry and services) in Canada was 2.74 as of 2018. Its highest value over the past 21 years was 3.92 in 1997, while its lowest value was 2.58 in 2013.

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
1997 3.92
1998 3.85
1999 3.72
2000 3.57
2001 3.54
2002 3.71
2003 3.70
2004 3.60
2005 3.49
2006 3.27
2007 3.06
2008 2.60
2009 2.82
2010 2.81
2011 2.67
2012 2.61
2013 2.58
2014 2.58
2015 2.70
2016 2.73
2017 2.76
2018 2.74

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance