Portugal: Taxes on goods and services

* indicates monthly or quarterly data series
 Portugal

Taxes on goods and services, percent of total revenue

 Latest value 31.10
 Year 2024
 Measure percent
 Data availability 1975 - 2024
 Average 32.52
 Min - Max 28.11 - 40.27
 Source The World Bank
 Available for Data download
The latest value from 2024 is 31.1 percent, an increase from 30.89 percent in 2023. In comparison, the world average is 31.34 percent, based on data from 89 countries. Historically, the average for Portugal from 1975 to 2024 is 32.52 percent. The minimum value, 28.11 percent, was reached in 1975 while the maximum of 40.27 percent was recorded in 1986. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 Recent values Portugal: Taxes on goods and services
 2024 31.10
 2023 30.89
 2022 31.79
 2021 31.06
 2020 31.09
 2019 32.87
 2018 32.85
 2017 33.00




Definition: 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 17.05 2025 percent
 Government spending, in dollars 59.10 2025 billion U.S. dollars
 Fiscal balance, percent of GDP 0.70 2024 percent
 Primary budget balance 2.60 2024 percent
 Government expenditure 14.07 Q2/2026 billion
 Long-term interest rate 3.44 7/2026 percent
 Tax revenue 22.35 2024 percent
 Taxes on goods and services 31.10 2024 percent
 Taxes on international trade 0.00 2002 percent
 Income and profits taxes 24.50 2024 percent
 Government debt 94.93 2024 percent
 Government debt in foreign currency, percent 0.00 2024 percent
 Government debt held by non-residents 41.87 2024 percent
 Sovereign debt average maturity 7.75 2024 percent
 Short-term government debt 8.44 2024 percent
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