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