Caribbean Small States vs United Kingdom: Tax revenue
Tax revenue over time
- Caribbean Small States
- United Kingdom
How they compare
United Kingdom currently reports 26.9% against 17.7% in Caribbean Small States, a difference of 9.2%.
That makes United Kingdom's figure about 1.5 times Caribbean Small States's.
Across all 17 years both countries report, United Kingdom has been ahead every year.
Caribbean Small States ranks 10th and United Kingdom ranks 9th of 35 groups.
United Kingdom has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Caribbean Small States | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 20.8% | 25.3% | 4.5% | United Kingdom |
| 2010s | 20.4% | 25.2% | 4.8% | United Kingdom |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Caribbean Small States or United Kingdom?
- United Kingdom, at 26.9% against 17.7% in Caribbean Small States as of 2024.
- What is the difference in tax revenue between Caribbean Small States and United Kingdom?
- 9.2%, with United Kingdom ahead.
- How many years of comparable data are there for Caribbean Small States and United Kingdom?
- 17 years are reported by both, from 2001 to 2017.
- How do Caribbean Small States and United Kingdom rank globally for tax revenue?
- Caribbean Small States ranks 10th and United Kingdom ranks 9th of 35 groups.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Tax revenue (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.