Guatemala vs Latin America & Caribbean (excluding high income): Taxes on goods and services
Taxes on goods and services over time
- Guatemala
- Latin America & Caribbean (excluding high income)
How they compare
Guatemala currently reports 51.9% against 36.1% in Latin America & Caribbean (excluding high income), a difference of 15.8%.
That makes Guatemala's figure about 1.4 times Latin America & Caribbean (excluding high income)'s.
Across all 25 years both countries report, Guatemala has been ahead every year.
Guatemala ranks 6th and Latin America & Caribbean (excluding high income) ranks 9th of 156 countries.
Guatemala has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Guatemala | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 62.1% | 42.0% | 20.1% | Guatemala |
| 2000s | 56.9% | 42.0% | 14.9% | Guatemala |
| 2010s | 53.6% | 37.8% | 15.8% | Guatemala |
| 2020s | 52.5% | 35.5% | 16.9% | Guatemala |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Guatemala or Latin America & Caribbean (excluding high income)?
- Guatemala, at 51.9% against 36.1% in Latin America & Caribbean (excluding high income) as of 2024.
- What is the difference in taxes on goods and services between Guatemala and Latin America & Caribbean (excluding high income)?
- 15.8%, with Guatemala ahead.
- How many years of comparable data are there for Guatemala and Latin America & Caribbean (excluding high income)?
- 25 years are reported by both, from 1998 to 2024.
- How do Guatemala and Latin America & Caribbean (excluding high income) rank globally for taxes on goods and services?
- Guatemala ranks 6th and Latin America & Caribbean (excluding high income) ranks 9th 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.