Other taxes in Caribbean Small States
Caribbean Small States: Other taxes was 16.1% in 2019. ▼ Falling
Other taxes in Caribbean Small States, 2001–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Caribbean Small States recorded 16.1% for other taxes in 2019.
That represents a change of up 10.8% on the previous year and up 48.2% over ten years.
Over the whole period, other taxes in Caribbean Small States peaked at 19.9% in 2002 and was at its lowest, 5.6%, in 2011.
That places Caribbean Small States 1st out of 41 groups with data for 2019, putting it in the top 10%.
The long-run direction has been consistently falling across the 19 years of available data.
Other taxes in Caribbean Small States, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2001 | 17.1% | — |
| 2002 | 19.9% | +15.8% |
| 2003 | 16.8% | -15.5% |
| 2004 | 15.7% | -6.5% |
| 2005 | 14.8% | -5.8% |
| 2006 | 9.0% | -39.3% |
| 2007 | 8.7% | -3.0% |
| 2008 | 8.0% | -7.9% |
| 2009 | 10.9% | +35.9% |
| 2010 | 10.0% | -7.9% |
| 2011 | 5.6% | -43.7% |
| 2012 | 10.8% | +91.8% |
| 2013 | 11.5% | +6.2% |
| 2014 | 11.1% | -3.4% |
| 2015 | 12.8% | +14.9% |
| 2016 | 14.9% | +16.5% |
| 2017 | 16.1% | +8.4% |
| 2018 | 14.6% | -9.7% |
| 2019 | 16.1% | +10.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.4% | 8.0% | 19.9% | 9 |
| 2010s | 12.4% | 5.6% | 16.1% | 10 |
Countries ranked near Caribbean Small States
More public sector data for Caribbean Small States
- Tax revenue 17.7% (2017)
- Taxes on income, profits and capital gains 26.1% (2019)
- Taxes on goods and services 20.8% (2019)
- Net investment in nonfinancial assets 2.4% (2017)
- Net lending (+) / net borrowing (-) -5.5% (2017)
- Interest payments 13.2% (2019)
- Grants and other revenue 18.7% (2019)
- Interest payments 9.6% (2019)
- Compensation of employees 32.1% (2019)
- Goods and services expense 22.1% (2019)
Frequently asked questions
- What is other taxes in Caribbean Small States?
- Other taxes in Caribbean Small States was 16.1% in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other taxes recorded in Caribbean Small States?
- The highest recorded value was 19.9% in 2002.
- What is the lowest other taxes recorded in Caribbean Small States?
- The lowest recorded value was 5.6% in 2011.
- How does Caribbean Small States rank for other taxes?
- Caribbean Small States ranks 1st out of 41 groups with data for 2019.
- Is other taxes rising or falling in Caribbean Small States?
- Over the last ten years it is up 48.2%. The long-run trend across the full record is falling.
- Where does this Caribbean Small States data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Other taxes (% of revenue). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.