Micronesia (country) vs United States: Taxes on goods and services (% of revenue)
Taxes on goods and services (% of revenue) over time
- Micronesia (country)
- United States
How they compare
Micronesia (country) currently reports 3.4% against 2.1% in United States, a difference of 1.3%.
That makes Micronesia (country)'s figure about 1.6 times United States's.
The two have swapped places 2 times across 13 shared years of data; in 2008 it was Micronesia (country) ahead.
Micronesia (country) ranks 152nd and United States ranks 154th of 156 countries.
Micronesia (country) has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Micronesia (country) | United States | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 5.1% | 2.7% | 2.4% | Micronesia (country) |
| 2010s | 3.7% | 2.9% | 0.9% | Micronesia (country) |
| 2020s | 3.4% | 2.3% | 1.1% | Micronesia (country) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Micronesia (country) or United States?
- Micronesia (country), at 3.4% against 2.1% in United States as of 2020.
- What is the difference in taxes on goods and services between Micronesia (country) and United States?
- 1.3%, with Micronesia (country) ahead.
- How many years of comparable data are there for Micronesia (country) and United States?
- 13 years are reported by both, from 2008 to 2020.
- How do Micronesia (country) and United States rank globally for taxes on goods and services?
- Micronesia (country) ranks 152nd and United States ranks 154th 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.