Taxes on goods and services in Zimbabwe
Zimbabwe: Taxes on goods and services was 932,468 current LCU in 2018. ▲ Rising
Taxes on goods and services in Zimbabwe, 2009–2018
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Zimbabwe recorded 932,468 current LCU for taxes on goods and services in 2018. That is the highest value across all 8 years on record.
Compared with earlier readings it is up 29.8% on the previous year and up 708.2% over ten years.
Over the whole period, taxes on goods and services in Zimbabwe peaked at 932,468 current LCU in 2018 and was at its lowest, 115,370 current LCU, in 2009.
Zimbabwe ranks 157th of 157 countries on this measure, in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 115,370 current LCU | 115,370 current LCU | 115,370 current LCU | 1 |
| 2010s | 598,087 current LCU | 270,844 current LCU | 932,468 current LCU | 7 |
Countries ranked near Zimbabwe
More public sector data for Zimbabwe
- Arms imports 20.00 million SIPRI trend indicator values (2023)
- Tax revenue 7.2% (2018)
- Taxes on income, profits and capital gains 33.3% (2018)
- Taxes on goods and services 41.2% (2018)
- Net investment in nonfinancial assets 0.8% (2018)
- Net lending (+) / net borrowing (-) -3.6% (2018)
- Interest payments 13.5% (2018)
- Grants and other revenue 8.3% (2018)
- Interest payments 10.0% (2018)
- Compensation of employees 36.6% (2018)
Frequently asked questions
- What is taxes on goods and services in Zimbabwe?
- Taxes on goods and services in Zimbabwe was 932,468 current LCU in 2018, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Zimbabwe?
- The highest recorded value was 932,468 current LCU in 2018.
- What is the lowest taxes on goods and services recorded in Zimbabwe?
- The lowest recorded value was 115,370 current LCU in 2009.
- How does Zimbabwe rank for taxes on goods and services?
- Zimbabwe ranks 157th out of 157 countries with data for 2018.
- Is taxes on goods and services rising or falling in Zimbabwe?
- Over the last ten years it is up 708.2%. The long-run trend across the full record is rising.
- Where does this Zimbabwe 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 — 8 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.