Bahamas vs Europe & Central Asia (IDA & IBRD countries): Taxes on goods and services (% of revenue)
Taxes on goods and services (% of revenue) over time
- Bahamas
- Europe & Central Asia (IDA & IBRD countries)
How they compare
Bahamas currently reports 58.7% against 37.0% in Europe & Central Asia (IDA & IBRD countries), a difference of 21.7%.
That makes Bahamas's figure about 1.6 times Europe & Central Asia (IDA & IBRD countries)'s.
The two have swapped places 1 time across 28 shared years of data; in 1997 it was Europe & Central Asia (IDA & IBRD countries) ahead.
Bahamas ranks 3rd and Europe & Central Asia (IDA & IBRD countries) ranks 5th of 156 countries.
Across the 4 decades both report, Bahamas averaged higher in 2 and Europe & Central Asia (IDA & IBRD countries) in 2.
Head to head by decade
| Decade | Bahamas | Europe & Central Asia (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5.9% | 36.7% | 30.8% | Europe & Central Asia (IDA & IBRD countries) |
| 2000s | 16.7% | 38.4% | 21.7% | Europe & Central Asia (IDA & IBRD countries) |
| 2010s | 51.6% | 39.7% | 11.9% | Bahamas |
| 2020s | 59.7% | 37.9% | 21.8% | Bahamas |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Bahamas or Europe & Central Asia (IDA & IBRD countries)?
- Bahamas, at 58.7% against 37.0% in Europe & Central Asia (IDA & IBRD countries) as of 2024.
- What is the difference in taxes on goods and services between Bahamas and Europe & Central Asia (IDA & IBRD countries)?
- 21.7%, with Bahamas ahead.
- How many years of comparable data are there for Bahamas and Europe & Central Asia (IDA & IBRD countries)?
- 28 years are reported by both, from 1997 to 2024.
- How do Bahamas and Europe & Central Asia (IDA & IBRD countries) rank globally for taxes on goods and services?
- Bahamas ranks 3rd and Europe & Central Asia (IDA & IBRD countries) ranks 5th 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.