St. Vincent and the Grenadines—Taxes on Goods & Services (% of revenue)
St. Vincent and the Grenadines's taxes on goods & services (% of revenue) was 43.5% in 2017. This represents a +1.7% change from 2016. Over the past 18 years, the highest recorded value was 46.0% (2008) and the lowest was 17.9% (2002). Data sourced from the 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)
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).
Unit
% of revenue