The Sales Tax Rate in Benin stands at 20 percent. Benin Sales Tax Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Sales Tax Rate in Benin averaged 18.33 percent from 2014 until 2019, reaching an all time high of 20 percent in 2019 and a record low of 18 percent in 2015. This page provides the latest reported value for - Benin Sales Tax Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Sales Tax Rate in Benin is expected to reach 20.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Benin Sales Tax Rate is projected to trend around 20.00 percent in 2021, according to our econometric models.

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Benin Sales Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
20.00 18.00 20.00 18.00 2014 - 2019 percent Yearly

Benin Sales Tax Rate
In Benin, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Benin.