Guinea-Bissau vs Sri Lanka: Taxes on goods and services
Taxes on goods and services over time
- Guinea-Bissau
- Sri Lanka
How they compare
Guinea-Bissau currently reports 6.1% against 6.0% in Sri Lanka, a difference of 0.1%.
The two have swapped places 2 times across 7 shared years of data; in 2017 it was Sri Lanka ahead.
Guinea-Bissau ranks 119th and Sri Lanka ranks 121st of 154 countries.
Across the 2 decades both report, Guinea-Bissau averaged higher in 1 and Sri Lanka in 1.
Head to head by decade
| Decade | Guinea-Bissau | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.9% | 8.0% | 2.0% | Sri Lanka |
| 2020s | 5.7% | 4.7% | 1.1% | Guinea-Bissau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Guinea-Bissau or Sri Lanka?
- Guinea-Bissau, at 6.1% against 6.0% in Sri Lanka as of 2024.
- What is the difference in taxes on goods and services between Guinea-Bissau and Sri Lanka?
- 0.1%, with Guinea-Bissau ahead.
- How many years of comparable data are there for Guinea-Bissau and Sri Lanka?
- 7 years are reported by both, from 2017 to 2023.
- How do Guinea-Bissau and Sri Lanka rank globally for taxes on goods and services?
- Guinea-Bissau ranks 119th and Sri Lanka ranks 121st 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.