Solomon Islands—Tax Revenue (% of GDP)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #32 of 139
Latest Value
22.1%
2022
YoY Change
+5.3%
2021 → 2022
Global Rank
#32
of 139 countries
Maximum
26.6%
2013
Minimum
21.0%
2021
CAGR
-1.2%
12 years
Last
22.1%
Previous
21.0%
Highest
26.6%
Lowest
21.0%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2022 | 22.1% | +5.3% |
| 2021 | 21.0% | -0.4% |
| 2020 | 21.1% | -5.3% |
| 2019 | 22.2% | -12.9% |
| 2018 | 25.5% | +3.1% |
| 2017 | 24.8% | +3.9% |
| 2016 | 23.8% | -7.4% |
| 2015 | 25.7% | +0.6% |
| 2014 | 25.6% | -3.8% |
| 2013 | 26.6% | +1.6% |
| 2012 | 26.2% | +4.0% |
| 2011 | 25.2% |
Top Countries — Tax Revenue (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Nauru | 44.3% | 2020 |
| 2 | Lesotho | 37.3% | 2024 |
| 3 | Namibia | 33.0% | 2023 |
| 4 | Denmark | 31.6% | 2023 |
| 5 | New Zealand | 30.7% | 2023 |
| 6 | Sweden | 27.6% | 2023 |
| 7 | Norway | 27.1% | 2023 |
| 8 | United Kingdom | 27.0% | 2024 |
| 9 | Luxembourg | 26.8% | 2023 |
| 10 | Greece | 26.7% | 2023 |
About This Indicator
Definition
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Source: World Bank - World Development IndicatorsView original source →