Armenia vs Nicaragua: Taxes on goods and services
Armenia
48.2%
in 2024
Nicaragua
47.5%
in 2024
Armenia rank
9th
Nicaragua rank
12th
Taxes on goods and services over time
- Armenia
- Nicaragua
How they compare
Armenia currently reports 48.2% against 47.5% in Nicaragua, a difference of 0.7%.
The two have swapped places 3 times across 21 shared years of data; in 2004 it was Nicaragua ahead.
Armenia ranks 9th and Nicaragua ranks 12th of 156 countries.
Across the 3 decades both report, Armenia averaged higher in 1 and Nicaragua in 2.
Head to head by decade
| Decade | Armenia | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 36.5% | 49.9% | 13.5% | Nicaragua |
| 2010s | 41.4% | 49.1% | 7.8% | Nicaragua |
| 2020s | 50.4% | 46.9% | 3.6% | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Armenia or Nicaragua?
- Armenia, at 48.2% against 47.5% in Nicaragua as of 2024.
- What is the difference in taxes on goods and services between Armenia and Nicaragua?
- 0.7%, with Armenia ahead.
- How many years of comparable data are there for Armenia and Nicaragua?
- 21 years are reported by both, from 2004 to 2024.
- How do Armenia and Nicaragua rank globally for taxes on goods and services?
- Armenia ranks 9th and Nicaragua ranks 12th of 156 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 (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.