Taxes on goods and services in Iraq

Iraq: Taxes on goods and services was 374.43 billion current LCU in 2019. ▬ Flat

Latest (2019)
374.43 billion current LCU
Change on year
up 20.0%
World rank
53rd
of 157 countries
All-time high
798.29 billion current LCU
in 2016
All-time low
264.43 billion current LCU
in 2014
Years of data
6
2014–2019

Taxes on goods and services in Iraq, 2014–2019

200.0B400.0B600.0B800.0B2014201620192014: 264.4B current LCU2015: 329.4B current LCU2016: 798.3B current LCU2017: 295.7B current LCU2018: 312.0B current LCU2019: 374.4B current LCU

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.

Analysis

In 2019, taxes on goods and services in Iraq stood at 374.43 billion current LCU.

That represents a change of up 20.0% on the previous year and up 41.6% over ten years.

Iraq ranks 53rd of 157 countries on this measure, in the middle of the range.

Countries ranked near Iraq

  1. 50 Iceland 486.56 billion current LCU compare
  2. 51 Togo 452.67 billion current LCU compare
  3. 52 Poland 430.60 billion current LCU compare
  4. 54 Denmark 352.25 billion current LCU compare
  5. 55 Nepal 345.78 billion current LCU compare
  6. 56 Albania 326.90 billion current LCU compare

See the full ranking of 157 places →

More public sector data for Iraq

All data for Iraq →

Frequently asked questions

What is taxes on goods and services in Iraq?
Taxes on goods and services in Iraq was 374.43 billion current LCU in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest taxes on goods and services recorded in Iraq?
The highest recorded value was 798.29 billion current LCU in 2016.
What is the lowest taxes on goods and services recorded in Iraq?
The lowest recorded value was 264.43 billion current LCU in 2014.
How does Iraq rank for taxes on goods and services?
Iraq ranks 53rd out of 157 countries with data for 2019.
Is taxes on goods and services rising or falling in Iraq?
Over the last ten years it is up 41.6%. The long-run trend across the full record is flat.
Where does this Iraq 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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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

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.