IBRD only vs Jamaica: Taxes on goods and services (% of revenue)
Taxes on goods and services (% of revenue) over time
- IBRD only
- Jamaica
How they compare
Jamaica currently reports 45.8% against 32.7% in IBRD only, a difference of 13.1%.
That makes Jamaica's figure about 1.4 times IBRD only's.
The two have swapped places 2 times across 27 shared years of data; in 1994 it was Jamaica ahead.
IBRD only ranks 21st and Jamaica ranks 18th of 41 groups.
Jamaica has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | IBRD only | Jamaica | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 35.1% | 36.8% | 1.7% | Jamaica |
| 2000s | 36.3% | 37.5% | 1.2% | Jamaica |
| 2010s | 35.4% | 46.2% | 10.8% | Jamaica |
| 2020s | 35.3% | 45.8% | 10.5% | Jamaica |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, IBRD only or Jamaica?
- Jamaica, at 45.8% against 32.7% in IBRD only as of 2020.
- What is the difference in taxes on goods and services between IBRD only and Jamaica?
- 13.1%, with Jamaica ahead.
- How many years of comparable data are there for IBRD only and Jamaica?
- 27 years are reported by both, from 1994 to 2020.
- How do IBRD only and Jamaica rank globally for taxes on goods and services?
- IBRD only ranks 21st and Jamaica ranks 18th of 41 groups.
- 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.