St. Vincent and the Grenadines—Taxes on Goods & Services (% of revenue)
Category: Fiscal & MonetarySource: World Bank World Development Indicators
Latest Value
43.5%
2017
YoY Change
+1.7%
2016 → 2017
Maximum
46.0%
2008
Minimum
17.9%
2002
CAGR
+5.0%
18 years
Last
43.5%
Previous
42.7%
Highest
46.0%
Lowest
17.9%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2017 | 43.5% | +1.7% |
| 2016 | 42.7% | +5.7% |
| 2015 | 40.4% | +13.5% |
| 2014 | 35.6% | -22.0% |
| 2013 | 45.7% | +1.7% |
| 2012 | 44.9% | +4.9% |
| 2011 | 42.9% | -6.4% |
| 2010 | 45.8% | +5.1% |
| 2009 | 43.6% | -5.2% |
| 2008 | 46.0% | +15.0% |
| 2007 | 40.0% | +62.1% |
| 2006 | 24.7% | +17.7% |
| 2005 | 21.0% | +2.9% |
| 2004 | 20.4% | +9.8% |
| 2003 | 18.6% | +3.9% |
| 2002 | 17.9% | -6.4% |
| 2001 | 19.1% | +0.2% |
| 2000 | 19.0% |
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 →