Portugal - Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in Portugal was 32.92 as of 2019. Its highest value over the past 44 years was 40.27 in 1986, while its lowest value was 28.11 in 1975.

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
1975 28.11
1976 29.83
1977 30.30
1978 30.63
1979 30.34
1980 34.57
1981 32.86
1982 33.77
1983 33.45
1984 33.98
1985 32.89
1986 40.27
1987 37.73
1988 37.36
1989 32.99
1990 31.89
1995 34.03
1996 33.83
1997 32.57
1998 34.01
1999 33.21
2000 31.94
2001 32.39
2002 32.46
2003 32.81
2004 32.40
2005 33.77
2006 34.09
2007 32.72
2008 31.75
2009 29.18
2010 31.49
2011 31.47
2012 31.49
2013 29.23
2014 30.42
2015 31.62
2016 32.56
2017 33.04
2018 33.00
2019 32.92

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.

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance