Australia vs Equatorial Guinea: Tax revenue
Tax revenue over time
- Australia
- Equatorial Guinea
How they compare
Equatorial Guinea currently reports 563.15 billion current LCU against 550.61 billion current LCU in Australia, a difference of 12.54 billion current LCU.
The two have swapped places 2 times across 17 shared years of data; in 2006 it was Equatorial Guinea ahead.
Australia ranks 63rd and Equatorial Guinea ranks 62nd of 157 countries.
Across the 3 decades both report, Australia averaged higher in 1 and Equatorial Guinea in 2.
Head to head by decade
| Decade | Australia | Equatorial Guinea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 267.54 billion current LCU | 644.26 billion current LCU | 376.72 billion current LCU | Equatorial Guinea |
| 2010s | 355.61 billion current LCU | 694.32 billion current LCU | 338.70 billion current LCU | Equatorial Guinea |
| 2020s | 493.10 billion current LCU | 461.61 billion current LCU | 31.49 billion current LCU | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Australia or Equatorial Guinea?
- Equatorial Guinea, at 563.15 billion current LCU against 550.61 billion current LCU in Australia as of 2022.
- What is the difference in tax revenue between Australia and Equatorial Guinea?
- 12.54 billion current LCU, with Equatorial Guinea ahead.
- How many years of comparable data are there for Australia and Equatorial Guinea?
- 17 years are reported by both, from 2006 to 2022.
- How do Australia and Equatorial Guinea rank globally for tax revenue?
- Australia ranks 63rd and Equatorial Guinea ranks 62nd of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Tax revenue (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.