Nicaragua vs Upper middle income: Taxes on goods and services
Taxes on goods and services over time
- Nicaragua
- Upper middle income
How they compare
Nicaragua currently reports 47.5% against 33.6% in Upper middle income, a difference of 13.9%.
That makes Nicaragua's figure about 1.4 times Upper middle income's.
Across all 27 years both countries report, Nicaragua has been ahead every year.
Nicaragua ranks 12th and Upper middle income ranks 15th of 156 countries.
Nicaragua has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Nicaragua | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 55.7% | 37.0% | 18.7% | Nicaragua |
| 2000s | 50.7% | 38.1% | 12.6% | Nicaragua |
| 2010s | 49.1% | 37.1% | 12.0% | Nicaragua |
| 2020s | 46.9% | 34.9% | 12.0% | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Nicaragua or Upper middle income?
- Nicaragua, at 47.5% against 33.6% in Upper middle income as of 2024.
- What is the difference in taxes on goods and services between Nicaragua and Upper middle income?
- 13.9%, with Nicaragua ahead.
- How many years of comparable data are there for Nicaragua and Upper middle income?
- 27 years are reported by both, from 1996 to 2024.
- How do Nicaragua and Upper middle income rank globally for taxes on goods and services?
- Nicaragua ranks 12th and Upper middle income ranks 15th 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.