Germany - Taxes on goods and services (current LCU)

The value for Taxes on goods and services (current LCU) in Germany was 214,314,000,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 214,314,000,000 in 2019 and a minimum value of 30,161,110,000 in 1972.

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
1972 30,161,110,000
1973 32,937,420,000
1974 32,753,360,000
1975 34,251,440,000
1976 36,940,840,000
1977 38,771,260,000
1978 42,616,180,000
1979 46,634,930,000
1980 50,306,010,000
1981 52,540,350,000
1982 52,555,690,000
1983 55,516,070,000
1984 62,909,350,000
1985 63,231,470,000
1986 64,305,180,000
1987 67,787,080,000
1988 70,271,960,000
1989 77,782,840,000
1990 85,513,570,000
1991 108,756,000,000
1992 117,018,000,000
1993 121,306,000,000
1994 132,748,000,000
1995 125,618,000,000
1996 118,486,000,000
1997 118,779,000,000
1998 122,702,000,000
1999 134,076,000,000
2000 137,775,000,000
2001 141,207,000,000
2002 143,405,000,000
2003 147,802,000,000
2004 142,872,000,000
2005 148,024,000,000
2006 152,393,000,000
2007 166,970,000,000
2008 170,432,000,000
2009 174,437,000,000
2010 178,610,000,000
2011 190,797,000,000
2012 191,875,000,000
2013 193,302,000,000
2014 197,587,000,000
2015 201,422,000,000
2016 198,174,000,000
2017 206,581,000,000
2018 209,301,000,000
2019 214,314,000,000

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.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance