Taxes on goods and services in Canada
Canada: Taxes on goods and services was 85.82 billion current LCU in 2024. ▲ Rising
Taxes on goods and services in Canada, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Canada recorded 85.82 billion current LCU for taxes on goods and services in 2024. That is the highest value across all 35 years on record.
That represents a change of up 4.8% on the previous year and up 81.0% over ten years.
Over the whole period, taxes on goods and services in Canada peaked at 85.82 billion current LCU in 2024 and was at its lowest, 22.92 billion current LCU, in 1990.
Canada ranks 81st of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 28.83 billion current LCU | 22.92 billion current LCU | 33.93 billion current LCU | 10 |
| 2000s | 41.36 billion current LCU | 35.87 billion current LCU | 45.28 billion current LCU | 10 |
| 2010s | 49.04 billion current LCU | 43.10 billion current LCU | 58.11 billion current LCU | 10 |
| 2020s | 73.83 billion current LCU | 57.37 billion current LCU | 85.82 billion current LCU | 5 |
Countries ranked near Canada
More public sector data for Canada
- Arms imports 149.00 million SIPRI trend indicator values (2024)
- Tax revenue 13.7% (2024)
- Taxes on income, profits and capital gains 53.9% (2024)
- Taxes on goods and services 13.8% (2024)
- Net investment in nonfinancial assets 0.6% (2024)
- Net lending (+) / net borrowing (-) -1.2% (2024)
- Interest payments 8.4% (2024)
- Grants and other revenue 7.9% (2024)
- Interest payments 7.6% (2023)
- Compensation of employees 10.2% (2023)
Frequently asked questions
- What is taxes on goods and services in Canada?
- Taxes on goods and services in Canada was 85.82 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 Canada?
- The highest recorded value was 85.82 billion current LCU in 2024.
- What is the lowest taxes on goods and services recorded in Canada?
- The lowest recorded value was 22.92 billion current LCU in 1990.
- How does Canada rank for taxes on goods and services?
- Canada ranks 81st out of 157 countries with data for 2024.
- Is taxes on goods and services rising or falling in Canada?
- Over the last ten years it is up 81.0%. The long-run trend across the full record is rising.
- Where does this Canada 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 — 35 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.