Home/Countries/St. Vincent and the Grenadines/Taxes on Goods & Services (% of revenue)

St. Vincent and the Grenadines—Taxes on Goods & Services (% of revenue)

Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Series years: 2000–2017
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%
Unit
% of revenue
Source
World Bank World Development Indicators

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.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
201743.5%+1.7%
201642.7%+5.7%
201540.4%+13.5%
201435.6%-22.0%
201345.7%+1.7%
201244.9%+4.9%
201142.9%-6.4%
201045.8%+5.1%
200943.6%-5.2%
200846.0%+15.0%
200740.0%+62.1%
200624.7%+17.7%
200521.0%+2.9%
200420.4%+9.8%
200318.6%+3.9%
200217.9%-6.4%
200119.1%+0.2%
200019.0%

Top Countries — Taxes on Goods & Services (% of revenue)

#CountryValueYear
1Macao76.2%2024
2Bahamas58.7%2024
3Laos53.9%2022
4Mauritius53.3%2024
5Guatemala51.9%2024
6Lebanon48.4%2024
7Armenia48.2%2024
8Dominican Republic47.9%2024
9Nicaragua47.5%2024
10Croatia47.1%2023
View all 139 countries →

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

Source: World Bank (World Development Indicators)Available series: 2000–2017View original source →