Nicaragua vs Tonga: Tax revenue
Nicaragua
20.1%
in 2024
Tonga
20.5%
in 2023
Nicaragua rank
53rd
Tonga rank
50th
Tax revenue over time
- Nicaragua
- Tonga
How they compare
Tonga currently reports 20.5% against 20.1% in Nicaragua, a difference of 0.4%.
Across all 11 years both countries report, Tonga has been ahead every year.
Nicaragua ranks 53rd and Tonga ranks 50th of 157 countries.
Tonga has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Nicaragua | Tonga | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 16.0% | 19.5% | 3.6% | Tonga |
| 2020s | 18.9% | 20.5% | 1.6% | Tonga |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Nicaragua or Tonga?
- Tonga, at 20.5% against 20.1% in Nicaragua as of 2023.
- What is the difference in tax revenue between Nicaragua and Tonga?
- 0.4%, with Tonga ahead.
- How many years of comparable data are there for Nicaragua and Tonga?
- 11 years are reported by both, from 2013 to 2023.
- How do Nicaragua and Tonga rank globally for tax revenue?
- Nicaragua ranks 53rd and Tonga ranks 50th 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.