Taxes on goods and services in Brazil
Brazil: Taxes on goods and services was 633.74 billion current LCU in 2024. ▲ Rising
Taxes on goods and services in Brazil, 2010–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Brazil recorded 633.74 billion current LCU for taxes on goods and services in 2024. That is the highest value across all 15 years on record.
That represents a change of up 26.4% on the previous year and up 86.9% over ten years.
Over the whole period, taxes on goods and services in Brazil peaked at 633.74 billion current LCU in 2024 and was at its lowest, 260.91 billion current LCU, in 2010.
Brazil ranks 47th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 346.30 billion current LCU | 260.91 billion current LCU | 419.09 billion current LCU | 10 |
| 2020s | 495.03 billion current LCU | 370.55 billion current LCU | 633.74 billion current LCU | 5 |
Countries ranked near Brazil
More public sector data for Brazil
- Arms imports 435.00 million SIPRI trend indicator values (2024)
- Tax revenue 15.4% (2024)
- Taxes on income, profits and capital gains 34.2% (2024)
- Taxes on goods and services 20.3% (2024)
- Net investment in nonfinancial assets 0.2% (2024)
- Net lending (+) / net borrowing (-) -5.7% (2024)
- Interest payments 30.1% (2024)
- Grants and other revenue 19.3% (2024)
- Interest payments 24.1% (2023)
- Other taxes 1.2% (2024)
Frequently asked questions
- What is taxes on goods and services in Brazil?
- Taxes on goods and services in Brazil was 633.74 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Brazil?
- The highest recorded value was 633.74 billion current LCU in 2024.
- What is the lowest taxes on goods and services recorded in Brazil?
- The lowest recorded value was 260.91 billion current LCU in 2010.
- How does Brazil rank for taxes on goods and services?
- Brazil ranks 47th out of 157 countries with data for 2024.
- Is taxes on goods and services rising or falling in Brazil?
- Over the last ten years it is up 86.9%. The long-run trend across the full record is rising.
- Where does this Brazil data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.