Equatorial Guinea—Taxes on Goods & Services (% of revenue)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #136 of 139
Latest Value
4.0%
2022
YoY Change
-33.8%
2021 → 2022
Global Rank
#136
of 139 countries
Maximum
10.4%
2020
Minimum
1.0%
2008
CAGR
+6.8%
17 years
Last
4.0%
Previous
6.0%
Highest
10.4%
Lowest
1.0%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2022 | 4.0% | -33.8% |
| 2021 | 6.0% | -42.4% |
| 2020 | 10.4% | +32.4% |
| 2019 | 7.8% | +20.4% |
| 2018 | 6.5% | +6.5% |
| 2017 | 6.1% | -14.0% |
| 2016 | 7.1% | +49.7% |
| 2015 | 4.7% | +95.4% |
| 2014 | 2.4% | +16.2% |
| 2013 | 2.1% | -30.3% |
| 2012 | 3.0% | +57.2% |
| 2011 | 1.9% | -10.1% |
| 2010 | 2.1% | +14.1% |
| 2009 | 1.9% | +87.4% |
| 2008 | 1.0% | -24.4% |
| 2007 | 1.3% | -4.4% |
| 2006 | 1.4% |
Top Countries — Taxes on Goods & Services (% of revenue)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Macao SAR, China | 71.7% | 2023 |
| 2 | Bahamas, The | 57.1% | 2023 |
| 3 | Lao PDR | 53.9% | 2022 |
| 4 | Mauritius | 53.3% | 2024 |
| 5 | Guatemala | 51.5% | 2023 |
| 6 | Armenia | 48.2% | 2024 |
| 7 | Dominican Republic | 47.9% | 2024 |
| 8 | Croatia | 47.1% | 2023 |
| 9 | Nicaragua | 46.5% | 2023 |
| 10 | Burundi | 46.4% | 2021 |
About This Indicator
Definition
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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Source: World Bank - World Development IndicatorsView original source →