Ecuador vs Palau: Taxes on goods and services
Taxes on goods and services over time
- Ecuador
- Palau
How they compare
Palau currently reports 7.8% against 7.4% in Ecuador, a difference of 0.4%.
That makes Palau's figure about 1.1 times Ecuador's.
Across all 8 years both countries report, Palau has been ahead every year.
Ecuador ranks 106th and Palau ranks 103rd of 154 countries.
Palau has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Ecuador | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 8.4% | 11.7% | 3.3% | Palau |
| 2020s | 7.6% | 7.8% | 0.2% | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Ecuador or Palau?
- Palau, at 7.8% against 7.4% in Ecuador as of 2020.
- What is the difference in taxes on goods and services between Ecuador and Palau?
- 0.4%, with Palau ahead.
- How many years of comparable data are there for Ecuador and Palau?
- 8 years are reported by both, from 2013 to 2020.
- How do Ecuador and Palau rank globally for taxes on goods and services?
- Ecuador ranks 106th and Palau ranks 103rd of 154 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 (% value added of industry and services). 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 value added in industry and services which is the contribution to the economy by industries in ISIC (Rev. 3) divisions 05-43 and 50-99.