Equatorial Guinea vs Micronesia (country): Taxes on goods and services (% value added of industry and services)
Taxes on goods and services (% value added of industry and services) over time
- Equatorial Guinea
- Micronesia (country)
How they compare
Micronesia (country) currently reports 1.7% against 1.1% in Equatorial Guinea, a difference of 0.6%.
That makes Micronesia (country)'s figure about 1.6 times Equatorial Guinea's.
Across all 13 years both countries report, Micronesia (country) has been ahead every year.
Equatorial Guinea ranks 150th and Micronesia (country) ranks 149th of 154 countries.
Micronesia (country) has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Equatorial Guinea | Micronesia (country) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.5% | 2.1% | 1.6% | Micronesia (country) |
| 2010s | 0.9% | 2.1% | 1.2% | Micronesia (country) |
| 2020s | 1.5% | 1.7% | 0.2% | Micronesia (country) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Equatorial Guinea or Micronesia (country)?
- Micronesia (country), at 1.7% against 1.1% in Equatorial Guinea as of 2020.
- What is the difference in taxes on goods and services between Equatorial Guinea and Micronesia (country)?
- 0.6%, with Micronesia (country) ahead.
- How many years of comparable data are there for Equatorial Guinea and Micronesia (country)?
- 13 years are reported by both, from 2008 to 2020.
- How do Equatorial Guinea and Micronesia (country) rank globally for taxes on goods and services?
- Equatorial Guinea ranks 150th and Micronesia (country) ranks 149th 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.