Maldives vs Nicaragua: Taxes on goods and services
Taxes on goods and services over time
- Maldives
- Nicaragua
How they compare
Nicaragua currently reports 13.8% against 13.7% in Maldives, a difference of 0.1%.
The two have swapped places 3 times across 17 shared years of data; in 2003 it was Nicaragua ahead.
Maldives ranks 37th and Nicaragua ranks 36th of 154 countries.
Nicaragua has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Maldives | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.1% | 11.3% | 8.2% | Nicaragua |
| 2010s | 10.4% | 11.7% | 1.3% | Nicaragua |
| 2020s | 12.1% | 12.7% | 0.6% | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Maldives or Nicaragua?
- Nicaragua, at 13.8% against 13.7% in Maldives as of 2024.
- What is the difference in taxes on goods and services between Maldives and Nicaragua?
- 0.1%, with Nicaragua ahead.
- How many years of comparable data are there for Maldives and Nicaragua?
- 17 years are reported by both, from 2003 to 2021.
- How do Maldives and Nicaragua rank globally for taxes on goods and services?
- Maldives ranks 37th and Nicaragua ranks 36th 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.