Lower middle income vs Saint Vincent and the Grenadines: Tax revenue
Tax revenue over time
- Lower middle income
- Saint Vincent and the Grenadines
How they compare
Saint Vincent and the Grenadines currently reports 23.8% against 12.1% in Lower middle income, a difference of 11.7%.
That makes Saint Vincent and the Grenadines's figure about 2.0 times Lower middle income's.
Across all 16 years both countries report, Saint Vincent and the Grenadines has been ahead every year.
Lower middle income ranks 20th and Saint Vincent and the Grenadines ranks 23rd of 35 groups.
Saint Vincent and the Grenadines has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Lower middle income | Saint Vincent and the Grenadines | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 11.5% | 20.8% | 9.4% | Saint Vincent and the Grenadines |
| 2010s | 11.5% | 22.3% | 10.8% | Saint Vincent and the Grenadines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Lower middle income or Saint Vincent and the Grenadines?
- Saint Vincent and the Grenadines, at 23.8% against 12.1% in Lower middle income as of 2017.
- What is the difference in tax revenue between Lower middle income and Saint Vincent and the Grenadines?
- 11.7%, with Saint Vincent and the Grenadines ahead.
- How many years of comparable data are there for Lower middle income and Saint Vincent and the Grenadines?
- 16 years are reported by both, from 2002 to 2017.
- How do Lower middle income and Saint Vincent and the Grenadines rank globally for tax revenue?
- Lower middle income ranks 20th and Saint Vincent and the Grenadines ranks 23rd 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.