Vanuatu—Taxes on Goods & Services (% of revenue)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #39 of 139
Latest Value
39.0%
2023
YoY Change
+0.0%
2022 → 2023
Global Rank
#39
of 139 countries
Maximum
62.2%
2013
Minimum
28.0%
2021
CAGR
+0.1%
15 years
Last
39.0%
Previous
39.0%
Highest
62.2%
Lowest
28.0%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 39.0% | +0.0% |
| 2022 | 39.0% | +39.2% |
| 2021 | 28.0% | -0.2% |
| 2020 | 28.1% | -14.0% |
| 2019 | 32.6% | -7.8% |
| 2018 | 35.4% | -6.1% |
| 2017 | 37.7% | +4.1% |
| 2016 | 36.2% | -3.8% |
| 2015 | 37.6% | -36.0% |
| 2014 | 58.8% | -5.5% |
| 2013 | 62.2% | +9.8% |
| 2012 | 56.6% | +13.6% |
| 2011 | 49.8% | +5.9% |
| 2010 | 47.1% | +22.1% |
| 2009 | 38.5% |
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 →