Taxes on goods and services in Gabon
Gabon: Taxes on goods and services was 227.38 billion current LCU in 2021. ▼ Falling
Taxes on goods and services in Gabon, 2012–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on goods and services in Gabon is 227.38 billion current LCU, measured in 2021.
Compared with earlier readings it is up 39.7% on the previous year and up 16.7% over ten years.
Over the whole period, taxes on goods and services in Gabon peaked at 298.93 billion current LCU in 2014 and was at its lowest, 160.39 billion current LCU, in 2018.
That places Gabon 64th out of 157 countries with data for 2021, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 223.49 billion current LCU | 160.39 billion current LCU | 298.93 billion current LCU | 8 |
| 2020s | 195.07 billion current LCU | 162.76 billion current LCU | 227.38 billion current LCU | 2 |
Countries ranked near Gabon
More public sector data for Gabon
- Arms imports 1.00 million SIPRI trend indicator values (2024)
- Tax revenue 9.5% (2021)
- Taxes on income, profits and capital gains 23.9% (2021)
- Taxes on goods and services 14.0% (2021)
- Net investment in nonfinancial assets 2.5% (2021)
- Net lending (+) / net borrowing (-) -1.5% (2021)
- Interest payments 18.9% (2021)
- Grants and other revenue 35.6% (2021)
- Interest payments 20.4% (2021)
- Other taxes 5.1% (2021)
Frequently asked questions
- What is taxes on goods and services in Gabon?
- Taxes on goods and services in Gabon was 227.38 billion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Gabon?
- The highest recorded value was 298.93 billion current LCU in 2014.
- What is the lowest taxes on goods and services recorded in Gabon?
- The lowest recorded value was 160.39 billion current LCU in 2018.
- How does Gabon rank for taxes on goods and services?
- Gabon ranks 64th out of 157 countries with data for 2021.
- Is taxes on goods and services rising or falling in Gabon?
- Over the last ten years it is up 16.7%. The long-run trend across the full record is falling.
- Where does this Gabon 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.
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CSV · JSON — 10 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.