Taxes on Goods and Services (As % of Revenue) in India

Source: World Bank
Last Updated: July 1, 2023

Taxes on goods and services as a share of revenue reached 40.9% in 2018 in India, according to the National Statistical Office. This is 9.43% more than in the previous year.

Historically, taxes on goods and services as a share of revenue in India reached an all time high of 44.1% in 1974 and an all time low of 21.7% in 2010.

India has been ranked 36th within the group of 124 countries we follow in terms of taxes on goods and services as a share of revenue.

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