Taxes on goods and services in Iraq
Iraq: Taxes on goods and services was 374.43 billion current LCU in 2019. ▬ Flat
Taxes on goods and services in Iraq, 2014–2019
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
More public sector data for Iraq
- Arms imports 23.00 million SIPRI trend indicator values (2024)
- Tax revenue 1.3% (2019)
- Taxes on income, profits and capital gains 2.0% (2019)
- Taxes on goods and services 0.4% (2019)
- Net investment in nonfinancial assets 9.0% (2019)
- Net lending (+) / net borrowing (-) 2.0% (2019)
- Interest payments 0.0% (2019)
- Grants and other revenue 96.5% (2019)
- Interest payments 0.0% (2019)
- Other taxes 0.2% (2019)
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
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.