Taxes on goods and services in Slovakia
Slovakia: Taxes on goods and services was 14.50 billion current LCU in 2024. ▲ Rising
Taxes on goods and services in Slovakia, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, taxes on goods and services in Slovakia stood at 14.50 billion current LCU. That is the highest value across all 30 years on record.
That represents a change of up 0.9% on the previous year and up 73.5% over ten years.
Over the whole period, taxes on goods and services in Slovakia peaked at 14.50 billion current LCU in 2024 and was at its lowest, 2.48 billion current LCU, in 1995.
Slovakia ranks 108th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.76 billion current LCU | 2.48 billion current LCU | 3.04 billion current LCU | 5 |
| 2000s | 5.37 billion current LCU | 3.47 billion current LCU | 6.89 billion current LCU | 10 |
| 2010s | 8.72 billion current LCU | 6.72 billion current LCU | 11.08 billion current LCU | 10 |
| 2020s | 12.85 billion current LCU | 10.88 billion current LCU | 14.50 billion current LCU | 5 |
Countries ranked near Slovakia
More public sector data for Slovakia
- Arms imports 298.00 million SIPRI trend indicator values (2024)
- Tax revenue 19.1% (2024)
- Taxes on income, profits and capital gains 20.4% (2024)
- Taxes on goods and services 28.3% (2024)
- Net investment in nonfinancial assets 2.5% (2024)
- Net lending (+) / net borrowing (-) -5.4% (2024)
- Interest payments 3.5% (2024)
- Interest payments 2.7% (2022)
- Other taxes 0.0% (2024)
- Compensation of employees 16.4% (2022)
Frequently asked questions
- What is taxes on goods and services in Slovakia?
- Taxes on goods and services in Slovakia was 14.50 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 Slovakia?
- The highest recorded value was 14.50 billion current LCU in 2024.
- What is the lowest taxes on goods and services recorded in Slovakia?
- The lowest recorded value was 2.48 billion current LCU in 1995.
- How does Slovakia rank for taxes on goods and services?
- Slovakia ranks 108th out of 157 countries with data for 2024.
- Is taxes on goods and services rising or falling in Slovakia?
- Over the last ten years it is up 73.5%. The long-run trend across the full record is rising.
- Where does this Slovakia 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.