Nauru—Taxes on Goods & Services (% of revenue)
Nauru's taxes on goods & services (% of revenue) was 0.9% in 2020, ranking #139 out of 139 countries. This represents a +1.7% change from 2019. Over the past 7 years, the highest recorded value was 2.7% (2014) and the lowest was 0.9% (2019). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2020 | 0.9% | +1.7% |
| 2019 | 0.9% | -48.6% |
| 2018 | 1.7% | -31.3% |
| 2017 | 2.5% | +3.8% |
| 2016 | 2.4% | +34.7% |
| 2015 | 1.8% | -34.1% |
| 2014 | 2.7% |
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).