China vs India: Taxes on goods and services

China

5.69 trillion current LCU

in 2024

India

7.99 trillion current LCU

in 2022

China rank

19th

India rank

16th

Taxes on goods and services over time

China
India

How they compare

India currently reports 7.99 trillion current LCU against 5.69 trillion current LCU in China, a difference of 2.30 trillion current LCU.

That makes India's figure about 1.4 times China's.

The two have swapped places 5 times across 15 shared years of data; in 2005 it was China ahead.

Globally, China ranks 19th and India ranks 16th of 157 countries.

Individual pages

About this data

Indicator: Taxes on goods and services (current LCU)
Unit: current LCU
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 157 places, 4,635 data points, 1972–2024
Last refreshed: 06 August 2026

General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.