Taxes on goods and services as a share of revenue reached 24.2% in 2023 in Philippines, according to the National Statistical Office. This is 6.31% less than in the previous year.
Historically, taxes on goods and services as a share of revenue in Philippines reached an all time high of 30.7% in 1990 and an all time low of 21.4% in 2008.
Philippines has been ranked 67th within the group of 83 countries we follow in terms of taxes on goods and services as a share of revenue.
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