Nicaragua vs Other small states: Taxes on goods and services
Taxes on goods and services over time
- Nicaragua
- Other small states
How they compare
Nicaragua currently reports 47.5% against 34.4% in Other small states, a difference of 13.1%.
That makes Nicaragua's figure about 1.4 times Other small states's.
The two have swapped places 2 times across 35 shared years of data; in 1990 it was Nicaragua ahead.
Nicaragua ranks 12th and Other small states ranks 13th of 156 countries.
Nicaragua has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Nicaragua | Other small states | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 46.6% | 32.9% | 13.7% | Nicaragua |
| 2000s | 51.3% | 35.2% | 16.1% | Nicaragua |
| 2010s | 49.1% | 33.1% | 16.1% | Nicaragua |
| 2020s | 46.9% | 32.6% | 14.3% | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Nicaragua or Other small states?
- Nicaragua, at 47.5% against 34.4% in Other small states as of 2024.
- What is the difference in taxes on goods and services between Nicaragua and Other small states?
- 13.1%, with Nicaragua ahead.
- How many years of comparable data are there for Nicaragua and Other small states?
- 35 years are reported by both, from 1990 to 2024.
- How do Nicaragua and Other small states rank globally for taxes on goods and services?
- Nicaragua ranks 12th and Other small states ranks 13th 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.
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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.