WORLD: COUNTRIES VAT RATES – 2022
WORLD VAT TAX RATES
Below are the current VAT rates for countries outside Europe that apply VAT/GST tax around the world. European VAT rates are updated on a separate page.
Should you wish to find out the EU VAT rates please click here.
Standard VAT rates and reduced VAT rates: Reduced VAT rates are subject to temporary reductions due to COVID19 and other factors. In many countries, there are multiple reduced VAT rates for different services or products. Find out where and how you can search for VAT rates in our previous article by clicking Here .
World VAT/GST rates 2022
| Country | Standard VAT/GST Rate | Reduced Rates |
| Algeria | The standard sales tax (VAT) rate is 19%. | A reduced rate of 9% applies to certain industries |
| Antigua and Barbuda | No VAT tax but standard sales tax is set at 15% | |
| Andorra | The standard rate is 4.5%, although a higher rate of 9.5% applies to banking and financial services. | Αndorra has three additional IGI rates: A reduced rate of 1%, a special rate of 2.5% and a supplementary rate of 9.5%. |
| Argentina | The standard VAT rate is 21%. (enhanced rate of 27% for several metered utilities) | Reduced rate of 10.5% |
| Armenia | The standard VAT rate is 20%. | |
| Aruba | There is no VAT as such in Aruba, although there have been calls from the International Monetary Fund for the introduction of such a levy. (A combined rate “GST” can be considered to be at 6% | |
| Australia | Australia has a Goods and Services Tax (GST) which is equivalent to a VAT. The standard GST rate is 10%. | |
| Azerbaijan | The standard VAT rate is 18%. | |
| Bahamas | Standard VAT rate of 10% | |
| Bahrain | From January 1, 2019, the standard VAT rate is 10%. | |
| Bangladesh | The standard VAT rate is 15%. | 10%, 7.5%, 5%, 2,4%, 2% |
| Barbados | The standard VAT rate is 17.5% (Super rate of 22% mobile voice & text services) | A reduced rate of 7.5% applies to the provision of hotel accommodation |
| Belize | There is no value-added tax as such. Belize instead introduced a General Sales Tax in January 2006, which applies to a wide range of goods and services at a 12.5% rate. | |
| Bermuda | There is no VAT in Bermuda. | |
| Bolivia | The standard VAT (IVA) rate is 13% under Article 15 of the VAT Law | |
| Botswana | The standard VAT rate is 14% | |
| Brazil | Brazil imposes a state tax equivalent to VAT (ICMS) This rate is imposed by each state and is subject to a limit set by the federal senate. The rates can vary from 17% to 20% (Rio de Janeiro). and the highest rate can typically reach 25%. A 12% rate is generally applied to B2C interstate transactions. | 7% |
| British Virgin Islands | There is no VAT in the British Virgin Islands. | |
| Brunei | There is no VAT in Brunei. | |
| Bulgaria | The standard VAT rate is 20%. | A reduced VAT rate of 9% applies to hotel accommodation and the tourism sector |
| Canada | The standard federal Goods and Services Tax (GST) rate is 5% | |
| Cayman Islands | There is no VAT in the Cayman Islands. | |
| Chile | The standard VAT rate is 19%. | |
| China | The standard VAT rate is 13%, 9%, 6% | Reduced rates of 5%, 2%, 1.5% and 0.5%. |
| Colombia | The standard VAT (IVA – Impuesto sobre las Ventas) rate is 19% | 5% |
| Cook Islands | The standard VAT rate is 15%, | |
| Costa Rica | The standard VAT rate is 13%, the same rate as the sales tax. | 4%, 2%, 1% |
| Curaçao | There is no VAT in Curaçao. (Sales tax is 6% with enchanced rates of 7& and 9%) | |
| UAE | VAT is charged at 5% in the United Arab Emirates (UAE) | |
| Ecuador | The standard VAT rate is 12% | |
| Egypt | The VAT rate is 14% | 5% |
| El Salvador | The standard VAT (IVA) rate is 13% | |
| Equatorial Guinea | The standard VAT rate is 15% | 6% |
| Ethiopia | The standard VAT rate is 15% | |
| Faroe Islands | The standard VAT rate is 25% | |
| Georgia | The standard VAT rate is 18% | |
| Gibraltar | There is no VAT in Gibraltar. | |
| Guatemala | The standard VAT rate is 12% | |
| Guernsey | There is no VAT in Guernsey | |
| Hong Kong | There is no VAT or sales tax in Hong Kong. | |
| India | The primary rates of Indian GST are 0.25%, 1%, 3%, 5%, 12%, 18% and 28% | |
| Indonesia | The standard VAT rate is 11% | |
| Iraq | There is no VAT in Iraq. (The standard sales tax ranges from 10% to 300% on alcohol & tobacco | |
| Isle of Man | The standard rate of VAT is 20% | 5% |
| Israel | The standard VAT rate is 17% | |
| Japan | The standard (Consumption Tax) rate is 10% | 8% |
| Jersey | The standard Goods and Services Tax (GST) rate is 5%. | |
| Kazakhstan | The standard rate of VAT is 12% | |
| South Korea | The standard VAT rate is 10% | |
| Kuwait | There is no VAT in Kuwait | |
| Malaysia | On September 1, 2018, the Government of Malaysia replaced the Goods and Services Tax (GST) with a 10% Sales Tax and a 6% Service Tax. | 5% (Sales Tax) |
| Mauritania | The standard VAT rate is 16% | |
| Mauritius | The standard VAT rate is 15% | |
| Mexico | The standard VAT rate is 16% | 8% |
| Morocco | The standard VAT rate is 20% | 7% 10% 14% |
| New Zealand | The standard Goods and Services Tax (GST) rate is 15% | |
| Nigeria | The standard VAT rate is 7.5% | |
| Oman | the standard VAT rate in Oman is 5% | |
| Pakistan | Pakistan does not have VAT. The standard sales tax rate is 17% | Pakistan has a large number of reduced sales tax rates, including 1%, 1.5%, 2%, 5%, 7%, 7.5%, 8%, 10% and 16% (among others). |
| Panama | The standard VAT rate in Panama is 7% and there are supplementary rates of 10% and 15% | |
| Peru | The standard VAT rate is 18% | |
| Philippines | The standard VAT rate is 12% | |
| Puerto Rico | The sales and use tax (SUT) rate is 11.5% | 1% |
| Qatar | There is no VAT in Qatar | |
| Russia | The standard VAT rate is 20% | 10% |
| Saudi Arabia | VAT is charged at 15% | |
| Singapore | The standard Goods and Services Tax (GST) rate is 7% | |
| Taiwan | The standard VAT rate is 5% | |
| Tanzania | The standard VAT rate is 18% | |
| Thailand | The standard VAT rate is 7% (Reduced from the standard 10% utill 30 September 2023) | |
| Tunisia | The standard VAT rate is 19% | 7%, 13% |
| Turkey | The standard VAT rate is 18% | 1%, 8% |
| Turks and Caicos | There is no VAT in Turks and Caicos | |
| Ukraine | The standard VAT rate is currently 20% | 7%, 14% |
| United Kingdom | The standard VAT rate is 20% | 5% |
| Uruguay | The standard VAT rate is 22% | 10% |
| USA | There is no VAT in the USA. | |
| Uzbekistan | The standard VAT rate is 15% | |
| Vanuatu | The standard VAT rate is 15% | |
| Venezuela | The standard VAT rate is 16% | 8% |
| Vietnam | The standard VAT rate is 10% | Reduced VAT rates are 8% and 5% |
*These rates are only indicative. Please use at your own discretion. Last update: 04/05/2022
Is there a difference between EU VAT rates and VAT rates in Countries outside Europe?
Yes, EU VAT rates must adhere to the EU directives for example the Standard VAT rate cannot be less than 15% when in countries outside the EU we can often find rates below 15% like Bahrain where the VAT rate is at 5%.
Is there a difference between VAT and GST?
There is a difference in the name of the tax as VAT stands for Value Added Tax while GST stands for Goods and Services Tax. Other than the name these two taxes share a lot of the same characteristics and they can be considered to have a similar effect. Most of the countries use VAT but some countries such as Australia and India use GST.
VAT has been used successfully for many years as it really provides a further incentive to companies to register and keep invoices. Value-added tax avoids the cascade effect of sales tax by taxing only the added value gained at each stage of production. For this reason, throughout the world, VAT has been gaining favour over traditional sales taxes.
World VAT Rates – Covid19
Many countries have adopted temporary reduced VAT rates in order to help their economies bounce back from the COVID19 aftermath. Learn all about the latest updated by following our VAT news section by clicking here and by subscribing to our monthly VAT newsletter.