Nicaragua—Taxes on Goods & Services (% of revenue)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #9 of 139
Latest Value
46.5%
2023
YoY Change
+0.8%
2022 → 2023
Global Rank
#9
of 139 countries
Maximum
54.3%
2002
Minimum
45.2%
2018
CAGR
-0.7%
24 years
Last
46.5%
Previous
46.1%
Highest
54.3%
Lowest
45.2%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 46.5% | +0.8% |
| 2022 | 46.1% | -2.2% |
| 2021 | 47.1% | -0.0% |
| 2020 | 47.1% | +2.6% |
| 2019 | 45.9% | +1.7% |
| 2018 | 45.2% | -6.0% |
| 2017 | 48.1% | +0.2% |
| 2016 | 48.0% | -3.1% |
| 2015 | 49.5% | -1.9% |
| 2014 | 50.4% | -1.8% |
| 2013 | 51.4% | +2.0% |
| 2012 | 50.4% | +0.2% |
| 2011 | 50.3% | -3.8% |
| 2010 | 52.3% | +5.7% |
| 2009 | 49.4% | -1.2% |
| 2008 | 50.0% | +1.0% |
| 2007 | 49.5% | +0.1% |
| 2006 | 49.5% | -2.3% |
| 2005 | 50.6% | +0.2% |
| 2004 | 50.5% | -2.5% |
| 2003 | 51.8% | -4.6% |
| 2002 | 54.3% | +1.8% |
| 2001 | 53.3% | -1.3% |
| 2000 | 54.0% |
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 →