Taxes on goods and services in Myanmar
Myanmar: Taxes on goods and services was 4.06 trillion current LCU in 2019. ◆ Volatile
Taxes on goods and services in Myanmar, 1973–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Myanmar recorded 4.06 trillion current LCU for taxes on goods and services in 2019. That is the highest value across all 41 years on record.
The figure is up 139.4% on the previous year and up 257.6% over ten years.
Over the whole period, taxes on goods and services in Myanmar peaked at 4.06 trillion current LCU in 2019 and was at its lowest, 496.00 million current LCU, in 1973.
Myanmar ranks 23rd of 157 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.56 billion current LCU | 496.00 million current LCU | 2.52 billion current LCU | 7 |
| 1980s | 2.82 billion current LCU | 1.78 billion current LCU | 3.13 billion current LCU | 10 |
| 1990s | 14.81 billion current LCU | 4.42 billion current LCU | 33.75 billion current LCU | 10 |
| 2000s | 102.31 billion current LCU | 44.10 billion current LCU | 251.82 billion current LCU | 6 |
| 2010s | 2.32 trillion current LCU | 1.13 trillion current LCU | 4.06 trillion current LCU | 8 |
Countries ranked near Myanmar
- 20 Turkey 4.95 trillion current LCU compare
- 21 Madagascar 4.74 trillion current LCU compare
- 22 Democratic Republic of Congo 4.54 trillion current LCU compare
- 24 Costa Rica 3.65 trillion current LCU compare
- 25 Cote d'Ivoire 2.44 trillion current LCU compare
- 26 Mexico 2.07 trillion current LCU compare
More public sector data for Myanmar
- Arms imports 222.00 million SIPRI trend indicator values (2024)
- Tax revenue 6.0% (2019)
- Taxes on income, profits and capital gains 13.2% (2019)
- Taxes on goods and services 24.4% (2019)
- Net investment in nonfinancial assets 4.6% (2019)
- Net lending (+) / net borrowing (-) -3.6% (2019)
- Interest payments 9.6% (2019)
- Grants and other revenue 58.4% (2019)
- Interest payments 10.2% (2019)
- Other taxes 0.4% (2019)
Frequently asked questions
- What is taxes on goods and services in Myanmar?
- Taxes on goods and services in Myanmar was 4.06 trillion 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 Myanmar?
- The highest recorded value was 4.06 trillion current LCU in 2019.
- What is the lowest taxes on goods and services recorded in Myanmar?
- The lowest recorded value was 496.00 million current LCU in 1973.
- How does Myanmar rank for taxes on goods and services?
- Myanmar ranks 23rd out of 157 countries with data for 2019.
- Is taxes on goods and services rising or falling in Myanmar?
- Over the last ten years it is up 257.6%. The long-run trend across the full record is volatile.
- Where does this Myanmar 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 — 41 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.