The Sales Tax Rate in Yemen stands at 5 percent.

Sales Tax Rate in Yemen averaged 4.80 percent from 2006 until 2020, reaching an all time high of 5 percent in 2007 and a record low of 2 percent in 2014. This page provides - Yemen Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Yemen Sales Tax Rate - values, historical data and charts - was last updated on July of 2020.

Sales Tax Rate in Yemen is expected to reach 5.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Yemen Sales Tax Rate is projected to trend around 5.00 percent in 2021, according to our econometric models.

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Yemen Sales Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.00 5.00 5.00 2.00 2006 - 2020 percent Yearly

Yemen Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 20.00 20.00 35.00 20.00 percent [+]
Personal Income Tax Rate 15.00 15.00 20.00 15.00 percent [+]
Sales Tax Rate 5.00 5.00 5.00 2.00 percent [+]


Yemen Sales Tax Rate
In Yemen, 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 Yemen.