Tax revenue in Naoero
Naoero: Tax revenue was 21.4% in 2024. ▲ Rising
Tax revenue in Naoero, 2014–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for tax revenue in Naoero is 21.4%, measured in 2024.
The figure is down 33.3% on the previous year and up 7.0% over ten years.
Over the whole period, tax revenue in Naoero peaked at 47.1% in 2021 and was at its lowest, 17.0%, in 2015.
That places Naoero 42nd out of 157 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
Tax revenue in Naoero, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2014 | 20.0% | — |
| 2015 | 17.0% | -15.2% |
| 2016 | 25.2% | +48.7% |
| 2017 | 22.6% | -10.7% |
| 2018 | 28.8% | +27.9% |
| 2019 | 34.1% | +18.4% |
| 2020 | 44.3% | +29.9% |
| 2021 | 47.1% | +6.1% |
| 2022 | 35.2% | -25.2% |
| 2023 | 32.1% | -8.8% |
| 2024 | 21.4% | -33.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 24.6% | 17.0% | 34.1% | 6 |
| 2020s | 36.0% | 21.4% | 47.1% | 5 |
Countries ranked near Naoero
- 39 Mozambique 21.8% compare
- 40 El Salvador 21.8% compare
- 41 Timor-Leste 21.6% compare
- 43 Belize 21.3%
- 44 Croatia 21.2% compare
- 45 Ukraine 21.0% compare
More public sector data for Naoero
- Capital stock, General government, Current prices, Domestic currency 0 (2019)
- Taxes on income, profits and capital gains 8.7% (2024)
- Capital stock, General government, Constant prices, Percent of GDP 0 (2019)
- Capital stock, General government, Constant prices, Purchasing power 0 (2019)
- Taxes on goods and services 2.7% (2024)
- Net investment in nonfinancial assets 9.2% (2024)
- Capital stock, General government, Current prices, Domestic currency 0 units per person (2019)
- Capital stock, General government, Current prices, Domestic currency 0 units per US$ of GDP (2019)
- Net lending (+) / net borrowing (-) 15.1% (2024)
- Capital stock, General government, Current prices, Domestic currency 0 units per square kilometre (2019)
Frequently asked questions
- What is tax revenue in Naoero?
- Tax revenue in Naoero was 21.4% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Naoero?
- The highest recorded value was 47.1% in 2021.
- What is the lowest tax revenue recorded in Naoero?
- The lowest recorded value was 17.0% in 2015.
- How does Naoero rank for tax revenue?
- Naoero ranks 42nd out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Naoero?
- Over the last ten years it is up 7.0%. The long-run trend across the full record is rising.
- Where does this Naoero data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Tax revenue (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.