Equatorial Guinea vs Somalia: Taxes on goods and services
Taxes on goods and services over time
- Equatorial Guinea
- Somalia
How they compare
Somalia currently reports 5.8% against 4.0% in Equatorial Guinea, a difference of 1.8%.
That makes Somalia's figure about 1.5 times Equatorial Guinea's.
The two have swapped places 2 times across 6 shared years of data; in 2017 it was Somalia ahead.
Equatorial Guinea ranks 150th and Somalia ranks 148th of 156 countries.
Somalia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Equatorial Guinea | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 6.8% | 19.3% | 12.5% | Somalia |
| 2020s | 6.8% | 7.0% | 0.2% | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Equatorial Guinea or Somalia?
- Somalia, at 5.8% against 4.0% in Equatorial Guinea as of 2024.
- What is the difference in taxes on goods and services between Equatorial Guinea and Somalia?
- 1.8%, with Somalia ahead.
- How many years of comparable data are there for Equatorial Guinea and Somalia?
- 6 years are reported by both, from 2017 to 2022.
- How do Equatorial Guinea and Somalia rank globally for taxes on goods and services?
- Equatorial Guinea ranks 150th and Somalia ranks 148th 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.