Equatorial Guinea vs Micronesia (country): Taxes on goods and services (% of revenue)
Taxes on goods and services (% of revenue) over time
- Equatorial Guinea
- Micronesia (country)
How they compare
Equatorial Guinea currently reports 4.0% against 3.4% in Micronesia (country), a difference of 0.6%.
That makes Equatorial Guinea's figure about 1.2 times Micronesia (country)'s.
The two have swapped places 1 time across 13 shared years of data; in 2008 it was Micronesia (country) ahead.
Equatorial Guinea ranks 150th and Micronesia (country) ranks 152nd of 156 countries.
Across the 3 decades both report, Equatorial Guinea averaged higher in 2 and Micronesia (country) in 1.
Head to head by decade
| Decade | Equatorial Guinea | Micronesia (country) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.4% | 5.1% | 3.7% | Micronesia (country) |
| 2010s | 4.4% | 3.7% | 0.6% | Equatorial Guinea |
| 2020s | 10.4% | 3.4% | 7.0% | Equatorial Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Equatorial Guinea or Micronesia (country)?
- Equatorial Guinea, at 4.0% against 3.4% in Micronesia (country) as of 2022.
- What is the difference in taxes on goods and services between Equatorial Guinea and Micronesia (country)?
- 0.6%, with Equatorial Guinea ahead.
- How many years of comparable data are there for Equatorial Guinea and Micronesia (country)?
- 13 years are reported by both, from 2008 to 2020.
- How do Equatorial Guinea and Micronesia (country) rank globally for taxes on goods and services?
- Equatorial Guinea ranks 150th and Micronesia (country) ranks 152nd 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.
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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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.