Guatemala vs Palau: Taxes on goods and services
Guatemala
7.9%
in 2024
Palau
7.8%
in 2020
Guatemala rank
101st
Palau rank
103rd
Taxes on goods and services over time
- Guatemala
- Palau
How they compare
Guatemala currently reports 7.9% against 7.8% in Palau, a difference of 0.1%.
Across all 13 years both countries report, Palau has been ahead every year.
Guatemala ranks 101st and Palau ranks 103rd of 154 countries.
Palau has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Guatemala | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 7.8% | 8.6% | 0.8% | Palau |
| 2010s | 7.4% | 11.4% | 4.0% | Palau |
| 2020s | 6.9% | 7.8% | 0.9% | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Guatemala or Palau?
- Guatemala, at 7.9% against 7.8% in Palau as of 2024.
- What is the difference in taxes on goods and services between Guatemala and Palau?
- 0.1%, with Guatemala ahead.
- How many years of comparable data are there for Guatemala and Palau?
- 13 years are reported by both, from 2008 to 2020.
- How do Guatemala and Palau rank globally for taxes on goods and services?
- Guatemala ranks 101st 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.