Institutional Sign In

Go

Taxes on Goods and Services (As % of Revenue) rose 3.84% to 38.6% in Lithuania in 2020

Taxes on Goods and Services (As % of Revenue) (%), 2020
Economy | Lithuania | September 1, 2023
$2.99
Excel Sheet

Taxes on goods and services as a share of revenue rose 3.84% to 38.6% in Lithuania in 2020, according to the National Statistical Office.

Historically, taxes on goods and services as a share of revenue in Lithuania reached an all time high of 45.4% in 2018 and an all time low of 31.2% in 1993. When compared to Lithuania's main peers, taxes on goods and services as a share of revenue in Belarus amounted to 29.2%, 35.2% in Estonia, 43.0% in Latvia and 23.7% in Russia in 2020.

Lithuania has been ranked 36th within the group of 111 countries we follow in terms of taxes on goods and services as a share of revenue, 23 places above the position seen 10 years ago.

Taxes on Goods and Services (As % of Revenue) Unit 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Belarus % 32.4% 28.0% 29.0% 26.0% 26.6%
China % ... ... ... ... ... 38.4% 35.3% 34.7% 32.9% 32.6%
Estonia % 37.1% 37.1% 38.8% 37.8% 37.2%
Finland % 38.3% 37.9% 38.4% 38.5% 39.0%
Germany % 23.5% 23.2% 22.0% 22.0% 21.3%
Japan % 37.1% 37.6% 38.0% 36.1% 35.3% ... ...
Latvia % 42.5% 43.4% 45.0% 44.5% 44.2%
Lithuania % 33.3% 34.2% 34.2% 35.3% 45.4%
Poland % 35.6% 35.3% 36.4% 36.8% 36.8%
Russia % 21.6% 19.4% 21.4% 22.3% 21.7%
USA % 2.98% 2.94% 2.84% 2.45% 3.07%
Ukraine % 33.8% 40.0% 44.5% 44.0% 43.7%