Guatemala vs Nicaragua: Taxes on goods and services
Taxes on goods and services over time
- Guatemala
- Nicaragua
How they compare
Nicaragua currently reports 74.09 billion current LCU against 58.28 billion current LCU in Guatemala, a difference of 15.81 billion current LCU.
That makes Nicaragua's figure about 1.3 times Guatemala's.
The two have swapped places 3 times across 35 shared years of data; in 1990 it was Guatemala ahead.
Guatemala ranks 85th and Nicaragua ranks 82nd of 157 countries.
Across the 4 decades both report, Guatemala averaged higher in 3 and Nicaragua in 1.
Head to head by decade
| Decade | Guatemala | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.93 billion current LCU | 2.05 billion current LCU | 1.88 billion current LCU | Guatemala |
| 2000s | 14.48 billion current LCU | 8.75 billion current LCU | 5.72 billion current LCU | Guatemala |
| 2010s | 28.90 billion current LCU | 27.99 billion current LCU | 907.04 million current LCU | Guatemala |
| 2020s | 48.71 billion current LCU | 56.79 billion current LCU | 8.08 billion current LCU | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Guatemala or Nicaragua?
- Nicaragua, at 74.09 billion current LCU against 58.28 billion current LCU in Guatemala as of 2024.
- What is the difference in taxes on goods and services between Guatemala and Nicaragua?
- 15.81 billion current LCU, with Nicaragua ahead.
- How many years of comparable data are there for Guatemala and Nicaragua?
- 35 years are reported by both, from 1990 to 2024.
- How do Guatemala and Nicaragua rank globally for taxes on goods and services?
- Guatemala ranks 85th and Nicaragua ranks 82nd of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on goods and services (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.