Taxes on goods and services (current LCU), annual growth rate in Naoero

Naoero: Taxes on goods and services (current LCU), annual growth rate was -18.6 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-18.6 % change on previous year
Change on year
down 691.3%
World rank
154th
of 156 countries
All-time high
324.54 % change on previous year
in 2021
All-time low
-38.29 % change on previous year
in 2015
Years of data
10
2015–2024

Taxes on goods and services (current LCU), annual growth rate in Naoero, 2015–2024

01002003002015201920242015: -38.3 % change on previous year2016: 82.2 % change on previous year2017: 10.6 % change on previous year2018: -10.3 % change on previous year2019: -33.6 % change on previous year2020: 19.8 % change on previous year2021: 324.5 % change on previous year2022: 2.2 % change on previous year2023: -2.4 % change on previous year2024: -18.6 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Naoero recorded -18.6 % change on previous year for taxes on goods and services (current lcu), annual growth rate in 2024.

Compared with earlier readings it is down 691.3% on the previous year and up 51.4% over ten years.

Over the whole period, taxes on goods and services (current lcu), annual growth rate in Naoero peaked at 324.54 % change on previous year in 2021 and was at its lowest, -38.29 % change on previous year, in 2015.

That places Naoero 154th out of 156 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Taxes on goods and services (current LCU), annual growth rate in Naoero, year by year

Annual values for Taxes on goods and services (current LCU), annual growth rate in Naoero, 2015 to 2024.
Year % change on previous year Change
2015 -38.29 % change on previous year
2016 82.18 % change on previous year -314.6%
2017 10.56 % change on previous year -87.2%
2018 -10.32 % change on previous year -197.7%
2019 -33.58 % change on previous year +225.4%
2020 19.78 % change on previous year -158.9%
2021 324.54 % change on previous year +1541.1%
2022 2.18 % change on previous year -99.3%
2023 -2.35 % change on previous year -207.6%
2024 -18.6 % change on previous year +691.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 2.11 % change on previous year -38.29 % change on previous year 82.18 % change on previous year 5
2020s 65.11 % change on previous year -18.6 % change on previous year 324.54 % change on previous year 5

Countries ranked near Naoero

  1. 151 Jamaica -15.9 % change on previous year compare
  2. 152 Bhutan -16.98 % change on previous year compare
  3. 153 Mali -17.47 % change on previous year compare
  4. 155 Cape Verde -19.23 % change on previous year compare
  5. 156 Palau -28.37 % change on previous year compare

See the full ranking of 156 places →

More public sector data for Naoero

All data for Naoero →

Frequently asked questions

What is taxes on goods and services (current lcu), annual growth rate in Naoero?
Taxes on goods and services (current lcu), annual growth rate in Naoero was -18.6 % change on previous year in 2024, according to Statizoid (derived).
What is the highest taxes on goods and services (current lcu), annual growth rate recorded in Naoero?
The highest recorded value was 324.54 % change on previous year in 2021.
What is the lowest taxes on goods and services (current lcu), annual growth rate recorded in Naoero?
The lowest recorded value was -38.29 % change on previous year in 2015.
How does Naoero rank for taxes on goods and services (current lcu), annual growth rate?
Naoero ranks 154th out of 156 countries with data for 2024.
Is taxes on goods and services (current lcu), annual growth rate rising or falling in Naoero?
Over the last ten years it is up 51.4%. The long-run trend across the full record is volatile.
Where does this Naoero data come from?
The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Taxes on goods and services (current LCU), annual growth rate in Naoero. Statizoid, drawing on Statizoid (derived). Retrieved 03 September 2026, from https://public-sector.statizoid.com/stat/taxes-on-goods-and-services-current-lcu-annual-growth-rate/naoero/

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How this figure is calculated

The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Taxes on goods and services (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
156 places, 4,397 data points, 1973–2024
Last refreshed

The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.