Lower middle income vs Nicaragua: Taxes on goods and services
Taxes on goods and services over time
- Lower middle income
- Nicaragua
How they compare
Nicaragua currently reports 47.5% against 35.9% in Lower middle income, a difference of 11.6%.
That makes Nicaragua's figure about 1.3 times Lower middle income's.
Across all 19 years both countries report, Nicaragua has been ahead every year.
Lower middle income ranks 10th and Nicaragua ranks 12th of 41 groups.
Nicaragua has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Lower middle income | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 31.5% | 50.2% | 18.7% | Nicaragua |
| 2010s | 33.0% | 49.1% | 16.1% | Nicaragua |
| 2020s | 35.6% | 47.1% | 11.6% | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Lower middle income or Nicaragua?
- Nicaragua, at 47.5% against 35.9% in Lower middle income as of 2024.
- What is the difference in taxes on goods and services between Lower middle income and Nicaragua?
- 11.6%, with Nicaragua ahead.
- How many years of comparable data are there for Lower middle income and Nicaragua?
- 19 years are reported by both, from 2003 to 2021.
- How do Lower middle income and Nicaragua rank globally for taxes on goods and services?
- Lower middle income ranks 10th and Nicaragua ranks 12th 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.
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.