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

Source: World Bank
Last Updated: July 1, 2023

Taxes on goods and services as a share of revenue reached 33.1% in 2020 in the United Kingdom, according to the National Statistical Office. This is 5.15% less than in the previous year.

Historically, taxes on goods and services as a share of revenue in the United Kingdom reached an all time high of 35.8% in 2014 and an all time low of 24.5% in 1975.

United Kingdom has been ranked 57th within the group of 111 countries we follow in terms of taxes on goods and services as a share of revenue.

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