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

Taxes on goods and services (% of revenue) in Switzerland was 28.33 as of 2019. Its highest value over the past 47 years was 34.17 in 2004, while its lowest value was 18.07 in 1976.

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 23.06
1973 21.03
1974 19.83
1975 18.67
1976 18.07
1977 19.13
1978 19.52
1979 20.19
1980 20.34
1981 20.73
1982 20.61
1983 21.37
1984 21.18
1990 31.61
1991 30.80
1992 29.25
1993 29.51
1994 28.21
1995 30.95
1996 29.88
1997 30.96
1998 31.71
1999 34.08
2000 33.45
2001 34.11
2002 32.76
2003 33.30
2004 34.17
2005 33.46
2006 33.13
2007 32.77
2008 31.84
2009 31.64
2010 32.41
2011 32.03
2012 31.79
2013 31.25
2014 31.27
2015 30.23
2016 29.96
2017 29.51
2018 29.02
2019 28.33

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