Taxes on goods and services, GB (current LCU) in Zimbabwe
Zimbabwe: Taxes on goods and services, GB (current LCU) was 1.25 billion current LCU in 2011. ◆ Volatile
Taxes on goods and services, GB in Zimbabwe, 1999–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
In 2011, taxes on goods and services, gb in Zimbabwe stood at 1.25 billion current LCU. That is the highest value across all 13 years on record.
Compared with earlier readings it is up 42.3% on the previous year and up 179.4% over ten years.
Over the whole period, taxes on goods and services, gb in Zimbabwe peaked at 1.25 billion current LCU in 2011 and was at its lowest, 40.00 million current LCU, in 2008.
Zimbabwe ranks 45th of 50 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services, GB (current LCU) in Zimbabwe, year by year
| Year | current LCU | Change |
|---|---|---|
| 1999 | 522.14 million current LCU | — |
| 2000 | 437.64 million current LCU | -16.2% |
| 2001 | 449.07 million current LCU | +2.6% |
| 2002 | 517.33 million current LCU | +15.2% |
| 2003 | 516.13 million current LCU | -0.2% |
| 2004 | 677.18 million current LCU | +31.2% |
| 2005 | 321.36 million current LCU | -52.5% |
| 2006 | 175.30 million current LCU | -45.5% |
| 2007 | 75.07 million current LCU | -57.2% |
| 2008 | 40.00 million current LCU | -46.7% |
| 2009 | 449.11 million current LCU | +1022.8% |
| 2010 | 881.59 million current LCU | +96.3% |
| 2011 | 1.25 billion current LCU | +42.3% |
Zimbabwe compared with similar countries
- Zimbabwe's 1.25 billion current LCU is below the median for Sub-Saharan Africa, which is 56.94 billion current LCU, 2% of the median. (46 countries reporting)
- Zimbabwe's 1.25 billion current LCU is below the median for lower middle income countries, which is 94.25 billion current LCU, 1% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Taxes on goods and services, GB (current LCU) in Zimbabwe changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +1022.8% | 40.00 million current LCU | 449.11 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 522.14 million current LCU | 522.14 million current LCU | 522.14 million current LCU | 1 |
| 2000s | 365.82 million current LCU | 40.00 million current LCU | 677.18 million current LCU | 10 |
| 2010s | 1.07 billion current LCU | 881.59 million current LCU | 1.25 billion current LCU | 2 |
Countries ranked near Zimbabwe
More science & technology data for Zimbabwe
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 94.25 (2024)
- Mobile cellular subscriptions by country, per capita 0.9425 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0004 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 15.68 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 38.71 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate 2.85 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate 4.7 % change on previous year (2024)
- Patent applications, nonresidents, gaps filled 13 (2024)
- Patent applications, nonresidents 13 (2024)
Frequently asked questions
- What is taxes on goods and services, gb in Zimbabwe?
- Taxes on goods and services, gb in Zimbabwe was 1.25 billion current LCU in 2011, according to World Bank country economists.
- What is the highest taxes on goods and services, gb recorded in Zimbabwe?
- The highest recorded value was 1.25 billion current LCU in 2011.
- What is the lowest taxes on goods and services, gb recorded in Zimbabwe?
- The lowest recorded value was 40.00 million current LCU in 2008.
- How does Zimbabwe rank for taxes on goods and services, gb?
- Zimbabwe ranks 45th out of 50 countries with data for 2011.
- Is taxes on goods and services, gb rising or falling in Zimbabwe?
- Over the last ten years it is up 179.4%. The long-run trend across the full record is volatile.
- Where does this Zimbabwe data come from?
- The figures come from World Bank country economists, published as part of Taxes on goods and services, GB (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes on goods and services include all taxes and duties levied by central governments on the production, extraction, sale, transfer, leasing, or delivery of goods and rendering of services, or on the use of goods or permission to use goods or perform activities. These include general sales taxes, turnover or value added taxes, excise taxes, and motor vehicle taxes. Data are shown for central government only and are in current local currency.