Iceland vs Nicaragua: Taxes on goods and services (current LCU), annual growth rate
Iceland
13.12 % change on previous year
in 2023
Nicaragua
13.53 % change on previous year
in 2024
Iceland rank
61st
Nicaragua rank
58th
Taxes on goods and services (current LCU), annual growth rate over time
- Iceland
- Nicaragua
How they compare
Nicaragua currently reports 13.53 % change on previous year against 13.12 % change on previous year in Iceland, a difference of 0.41 % change on previous year.
The two have swapped places 8 times across 32 shared years of data; in 1992 it was Nicaragua ahead.
Iceland ranks 61st and Nicaragua ranks 58th of 156 countries.
Nicaragua has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 9.28 % change on previous year | 26.93 % change on previous year | 17.65 % change on previous year | Nicaragua |
| 2000s | 5.37 % change on previous year | 11.5 % change on previous year | 6.13 % change on previous year | Nicaragua |
| 2010s | 6.82 % change on previous year | 11.31 % change on previous year | 4.49 % change on previous year | Nicaragua |
| 2020s | 9.84 % change on previous year | 15.06 % change on previous year | 5.22 % change on previous year | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services (current lcu), annual growth rate, Iceland or Nicaragua?
- Nicaragua, at 13.53 % change on previous year against 13.12 % change on previous year in Iceland as of 2024.
- What is the difference in taxes on goods and services (current lcu), annual growth rate between Iceland and Nicaragua?
- 0.41 % change on previous year, with Nicaragua ahead.
- How many years of comparable data are there for Iceland and Nicaragua?
- 32 years are reported by both, from 1992 to 2023.
- How do Iceland and Nicaragua rank globally for taxes on goods and services (current lcu), annual growth rate?
- Iceland ranks 61st and Nicaragua ranks 58th of 156 countries.
- Where does this data come from?
- Statizoid (derived), published as Taxes on goods and services (current LCU), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.