Luxembourg - Taxes on goods and services

Taxes on goods and services (current LCU)

The value for Taxes on goods and services (current LCU) in Luxembourg was 7,159,426,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 7,159,426,000 in 2019 and a minimum value of 131,086,100 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 131,086,100
1973 155,974,600
1974 166,857,100
1975 205,726,800
1976 225,533,500
1977 237,928,200
1978 260,238,600
1979 276,773,100
1980 339,192,700
1981 379,054,000
1982 437,110,700
1983 543,605,700
1984 612,792,800
1985 591,201,300
1986 692,416,200
1987 745,291,900
1988 815,594,500
1989 891,945,700
1990 913,314,100
1991 1,039,889,000
1992 1,244,574,000
1993 1,390,559,000
1994 1,483,296,000
1995 1,736,088,000
1996 1,814,923,000
1997 2,037,564,000
1998 2,229,902,000
1999 2,592,011,000
2000 3,013,302,000
2001 2,995,432,000
2002 3,048,656,000
2003 3,198,909,000
2004 3,642,168,000
2005 3,984,760,000
2006 4,207,938,000
2007 4,792,805,000
2008 4,690,732,000
2009 4,583,539,000
2010 4,926,460,000
2011 5,276,202,000
2012 5,642,318,000
2013 5,952,556,000
2014 6,496,769,000
2015 5,657,064,000
2016 5,978,919,000
2017 6,367,165,000
2018 6,867,755,000
2019 7,159,426,000

Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Luxembourg was 27.11 as of 2019. Its highest value over the past 47 years was 32.61 in 2004, while its lowest value was 18.70 in 1978.

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 23.38
1973 22.87
1974 19.60
1975 21.52
1976 20.33
1977 19.00
1978 18.70
1979 19.20
1980 20.63
1981 21.20
1982 22.17
1983 24.29
1984 25.51
1985 22.69
1986 25.44
1987 26.38
1988 27.21
1989 26.28
1990 24.67
1991 25.35
1992 27.17
1993 27.71
1994 27.40
1995 27.61
1996 27.72
1997 28.73
1998 29.61
1999 31.27
2000 32.27
2001 30.72
2002 30.00
2003 30.15
2004 32.61
2005 32.34
2006 31.69
2007 32.47
2008 30.26
2009 29.49
2010 29.76
2011 30.20
2012 30.46
2013 30.46
2014 31.58
2015 26.59
2016 26.98
2017 27.54
2018 27.05
2019 27.11

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

Taxes on goods and services (% value added of industry and services) in Luxembourg was 12.61 as of 2019. Its highest value over the past 24 years was 14.88 in 2005, while its lowest value was 11.45 in 2015.

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
1995 12.78
1996 12.66
1997 13.17
1998 13.86
1999 14.22
2000 14.80
2001 14.07
2002 13.70
2003 13.70
2004 14.63
2005 14.88
2006 13.76
2007 14.30
2008 13.08
2009 13.09
2010 12.92
2011 13.29
2012 13.58
2013 13.56
2014 14.09
2015 11.45
2016 11.66
2017 12.04
2018 12.55
2019 12.61

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance