Nicaragua vs Portugal: Taxes on goods and services (% value added of industry and services)
Nicaragua
13.8%
in 2024
Portugal
14.1%
in 2024
Nicaragua rank
36th
Portugal rank
33rd
Taxes on goods and services (% value added of industry and services) over time
- Nicaragua
- Portugal
How they compare
Portugal currently reports 14.1% against 13.8% in Nicaragua, a difference of 0.3%.
Across all 30 years both countries report, Portugal has been ahead every year.
Nicaragua ranks 36th and Portugal ranks 33rd of 154 countries.
Portugal has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Nicaragua | Portugal | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 11.0% | 13.7% | 2.8% | Portugal |
| 2000s | 11.0% | 13.7% | 2.7% | Portugal |
| 2010s | 11.8% | 14.1% | 2.4% | Portugal |
| 2020s | 13.4% | 14.3% | 1.0% | Portugal |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Nicaragua or Portugal?
- Portugal, at 14.1% against 13.8% in Nicaragua as of 2024.
- What is the difference in taxes on goods and services between Nicaragua and Portugal?
- 0.3%, with Portugal ahead.
- How many years of comparable data are there for Nicaragua and Portugal?
- 30 years are reported by both, from 1995 to 2024.
- How do Nicaragua and Portugal rank globally for taxes on goods and services?
- Nicaragua ranks 36th and Portugal ranks 33rd 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.