Guinea-Bissau vs Mongolia: Taxes on goods and services
Guinea-Bissau
25.8%
in 2024
Mongolia
25.9%
in 2024
Guinea-Bissau rank
103rd
Mongolia rank
101st
Taxes on goods and services over time
- Guinea-Bissau
- Mongolia
How they compare
Mongolia currently reports 25.9% against 25.8% in Guinea-Bissau, a difference of 0.1%.
The two have swapped places 2 times across 8 shared years of data; in 2017 it was Mongolia ahead.
Guinea-Bissau ranks 103rd and Mongolia ranks 101st of 156 countries.
Mongolia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Guinea-Bissau | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 23.8% | 29.9% | 6.0% | Mongolia |
| 2020s | 24.5% | 26.4% | 2.0% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Guinea-Bissau or Mongolia?
- Mongolia, at 25.9% against 25.8% in Guinea-Bissau as of 2024.
- What is the difference in taxes on goods and services between Guinea-Bissau and Mongolia?
- 0.1%, with Mongolia ahead.
- How many years of comparable data are there for Guinea-Bissau and Mongolia?
- 8 years are reported by both, from 2017 to 2024.
- How do Guinea-Bissau and Mongolia rank globally for taxes on goods and services?
- Guinea-Bissau ranks 103rd and Mongolia ranks 101st 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.