Maldives vs Nicaragua: Tax revenue
Maldives
19.5%
in 2021
Nicaragua
20.1%
in 2024
Maldives rank
56th
Nicaragua rank
53rd
Tax revenue over time
- Maldives
- Nicaragua
How they compare
Nicaragua currently reports 20.1% against 19.5% in Maldives, a difference of 0.6%.
The two have swapped places 3 times across 30 shared years of data; in 1990 it was Nicaragua ahead.
Maldives ranks 56th and Nicaragua ranks 53rd of 157 countries.
Across the 4 decades both report, Maldives averaged higher in 2 and Nicaragua in 2.
Head to head by decade
| Decade | Maldives | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 14.0% | 14.4% | 0.4% | Nicaragua |
| 2000s | 10.9% | 12.2% | 1.2% | Nicaragua |
| 2010s | 17.6% | 15.6% | 2.0% | Maldives |
| 2020s | 19.8% | 17.9% | 1.9% | Maldives |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Maldives or Nicaragua?
- Nicaragua, at 20.1% against 19.5% in Maldives as of 2024.
- What is the difference in tax revenue between Maldives and Nicaragua?
- 0.6%, with Nicaragua ahead.
- How many years of comparable data are there for Maldives and Nicaragua?
- 30 years are reported by both, from 1990 to 2021.
- How do Maldives and Nicaragua rank globally for tax revenue?
- Maldives ranks 56th and Nicaragua ranks 53rd 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.