India vs Micronesia (country): Tax revenue (% of GDP)
India
6.9%
in 2022
Micronesia (country)
7.0%
in 2020
India rank
148th
Micronesia (country) rank
146th
Tax revenue (% of GDP) over time
- India
- Micronesia (country)
How they compare
Micronesia (country) currently reports 7.0% against 6.9% in India, a difference of 0.1%.
The two have swapped places 3 times across 11 shared years of data; in 2008 it was India ahead.
India ranks 148th and Micronesia (country) ranks 146th of 157 countries.
India has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | India | Micronesia (country) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 10.4% | 4.4% | 6.0% | India |
| 2010s | 10.8% | 9.0% | 1.9% | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, India or Micronesia (country)?
- Micronesia (country), at 7.0% against 6.9% in India as of 2020.
- What is the difference in tax revenue between India and Micronesia (country)?
- 0.1%, with Micronesia (country) ahead.
- How many years of comparable data are there for India and Micronesia (country)?
- 11 years are reported by both, from 2008 to 2018.
- How do India and Micronesia (country) rank globally for tax revenue?
- India ranks 148th and Micronesia (country) ranks 146th of 157 countries.
- 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.