Netherlands's taxes on goods and services (current LCU) was 116.9 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 66.82% from 70.07 billion in 2014 (5.25% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 116.9 billion | 2024 |
| Five years earlier | 91.26 billion | 2019 |
| Ten years earlier | 70.07 billion | 2014 |
| Highest | 116.9 billion | 2024 |
| Lowest | 8.12 billion | 1973 |
| Average since 2015 | 92.78 billion | 2015–2024 |
| First recorded | 8.12 billion |
What the numbers say
In 2024, Netherlands' taxes on goods and services (current LCU) rose 6.4% on 2023 (from 109.87 billion to 116.9 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +4.6% and a typical year strayed about 3.8% from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 17.6% in 1976 and the biggest yearly fall was 6% in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 4.96 billion a year. A straight line explains 99% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about 127.46 billion for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was 7.42 billion, against 9.93 billion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2024, Netherlands had the 47th highest value of the 91 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Netherlands in the 2024 ranking
- Ethiopia — 44th of 91: 177.01 billion
- Spain — 45th of 91: 126.53 billion
- Mozambique — 46th of 91: 121.71 billion
- North Macedonia — 48th of 91: 115.06 billion
- United States — 49th of 91: 108.24 billion
- Macao SAR, China — 50th of 91: 96.35 billion
What this measures
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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).
All 52 values
| Year | Taxes on goods and services (current LCU) |
|---|---|
| 2024 | 116,900,000,000 |
| 2023 | 109,872,000,000 |
| 2022 | 104,904,000,000 |
| 2021 | 100,632,000,000 |
| 2020 | 92,136,000,000 |
| 2019 | 91,263,000,000 |
| 2018 | 84,534,000,000 |
| 2017 | 79,700,000,000 |
| 2016 | 76,560,000,000 |
| 2015 | 71,303,000,000 |
Taxes on goods and services (current LCU) in nearby economies
- Albania — 326.9 billion (2024)
- Armenia — 1.2 trillion (2024)
- Austria — 56.3 billion (2024)
- Azerbaijan — 10.97 billion (2024)
- Belarus — 22.33 billion (2024)
- Belgium — 56.36 billion (2024)
- Bosnia and Herzegovina — 8.76 billion (2024)
- Bulgaria — 14.98 billion (2024)
- Croatia — 14.17 billion (2023)
- Cyprus — 4.14 billion (2024)
More public sector data for Netherlands
- Arms imports (SIPRI trend indicator values) — 824 million (2025)
- Military expenditure (current USD) — 28.94 billion (2025)
- Military expenditure (current LCU) — 25.66 billion (2025)
- Military expenditure (% of GDP) — 2.19% (2025)
- Arms exports (SIPRI trend indicator values) — 601 million (2025)
- Net investment in nonfinancial assets (current LCU) — 16.87 billion (2024)
- Net investment in nonfinancial assets (% of GDP) — 1.5% (2024)
- Net lending (+) / net borrowing (-) (current LCU) — -6.89 billion (2024)
- Net lending (+) / net borrowing (-) (% of GDP) — -0.61% (2024)
Reading data like this
Questions people ask
- What is Netherlands's taxes on goods and services (current LCU)?
- 116.9 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1973?
- It is up 1,340% from 8.12 billion in 1973 (5.37% a year on average, compounded). The highest value was 116.9 billion in 2024 and the lowest 8.12 billion in 1973.
Source
World Bank, World Development Indicators, indicator GC.TAX.GSRV.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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