Taxes on goods and services (current LCU), annual growth rate in Tonga
Tonga: Taxes on goods and services (current LCU), annual growth rate was 10.42 % change on previous year in 2023. ◆ Volatile
Taxes on goods and services (current LCU), annual growth rate in Tonga, 2014–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for taxes on goods and services (current lcu), annual growth rate in Tonga is 10.42 % change on previous year, measured in 2023.
That represents a change of up 376.5% on the previous year and up 53.4% over ten years.
Over the whole period, taxes on goods and services (current lcu), annual growth rate in Tonga peaked at 20.03 % change on previous year in 2016 and was at its lowest, -1.46 % change on previous year, in 2019.
Tonga ranks 72nd of 156 countries on this measure, in the middle of the range.
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 Tonga, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2014 | 6.79 % change on previous year | — |
| 2015 | 11.67 % change on previous year | +71.8% |
| 2016 | 20.03 % change on previous year | +71.6% |
| 2017 | 13.66 % change on previous year | -31.8% |
| 2018 | 11.52 % change on previous year | -15.7% |
| 2019 | -1.46 % change on previous year | -112.7% |
| 2020 | 3.52 % change on previous year | -341.0% |
| 2021 | 7.86 % change on previous year | +123.5% |
| 2022 | 2.19 % change on previous year | -72.2% |
| 2023 | 10.42 % change on previous year | +376.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 10.37 % change on previous year | -1.46 % change on previous year | 20.03 % change on previous year | 6 |
| 2020s | 5.99 % change on previous year | 2.19 % change on previous year | 10.42 % change on previous year | 4 |
Countries ranked near Tonga
- 69 United Arab Emirates 10.95 % change on previous year compare
- 70 Bahamas 10.53 % change on previous year compare
- 71 Andorra 10.44 % change on previous year compare
- 73 Burkina Faso 10.41 % change on previous year compare
- 74 Saudi Arabia 10.03 % change on previous year compare
- 75 Togo 9.98 % change on previous year compare
More public sector data for Tonga
- Arms imports 7.00 million SIPRI trend indicator values (2020)
- Arms imports (SIPRI trend indicator values), per capita 66.22 SIPRI trend indicator values per person (2020)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0138 SIPRI trend indicator values per US$ of GDP (2020)
- Arms imports (SIPRI trend indicator values), gaps filled 7.00 million SIPRI trend indicator values (2020)
- Arms imports (SIPRI trend indicator values), per square kilometre 9,722 SIPRI trend indicator values per square kilometre (2020)
- Tax revenue 20.5% (2023)
- Taxes on income, profits and capital gains 8.9% (2023)
- Taxes on goods and services 30.0% (2023)
- Net investment in nonfinancial assets 6.8% (2023)
- Net lending (+) / net borrowing (-) 5.3% (2023)
Frequently asked questions
- What is taxes on goods and services (current lcu), annual growth rate in Tonga?
- Taxes on goods and services (current lcu), annual growth rate in Tonga was 10.42 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), annual growth rate recorded in Tonga?
- The highest recorded value was 20.03 % change on previous year in 2016.
- What is the lowest taxes on goods and services (current lcu), annual growth rate recorded in Tonga?
- The lowest recorded value was -1.46 % change on previous year in 2019.
- How does Tonga rank for taxes on goods and services (current lcu), annual growth rate?
- Tonga ranks 72nd out of 156 countries with data for 2023.
- Is taxes on goods and services (current lcu), annual growth rate rising or falling in Tonga?
- Over the last ten years it is up 53.4%. The long-run trend across the full record is volatile.
- Where does this Tonga 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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CSV · JSON — 10 observations, free to reuse under Derived by Statizoid from the sources named on the page.
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
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
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
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.